3412 BLAISDELL AVE MINNEAPOLIS MN 55408

PID: 0302824310040

Property Overview

Parcel ID0302824310040

Lot Size6,674 sq ft (0.153 ac)

Lot Dimensions (est.)167 ft wide × 40 ft deep

Year Built1913

Property ClassRESIDENTIAL-TWO UNIT

OwnerCHARLES G RITT

Assessed Value$415,200

Land Value$111,000

Building Value$304,200

Annual Tax$7,885

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Lyndale · Minneapolis

Median reported rent1,194/mo

Renter-occupied53.6%

Median home value$326K

Vacancy rate10.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1093

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth127 ft

Area~3,805 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 3,805 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3416 BLAISDELL AVE MINNEAPOLIS MN 55408	CHRISTOPHER E LENTZ	RESIDENTIAL-TWO UNIT	$414,600	40 ft
3408 BLAISDELL AVE MINNEAPOLIS MN 55408	R L JANZEN & C M BERGUM	RESIDENTIAL-TWO UNIT	$432,600	40 ft
3420 BLAISDELL AVE MINNEAPOLIS MN 55408	S MUNSON & C ALTHOFF	RESIDENTIAL	$295,000	80 ft
3406 BLAISDELL AVE MINNEAPOLIS MN 55408	STEPHANIE & KRISTIN HENSEN	RESIDENTIAL-TWO UNIT	$364,200	80 ft
3400 BLAISDELL AVE MINNEAPOLIS MN 55408	AARON DANIELS/GRACE EANG	RESIDENTIAL-TWO UNIT	$411,500	117 ft
3424 BLAISDELL AVE MINNEAPOLIS MN 55408	J M GREAVES & A E LARSON	RESIDENTIAL	$432,200	120 ft
117 34TH ST W MINNEAPOLIS MN 55408	ROXBURY CENTER INC	APARTMENT	$569,000	146 ft
3428 BLAISDELL AVE MINNEAPOLIS MN 55408	JONATHAN J BECKEL	RESIDENTIAL	$642,900	160 ft
3411 PILLSBURY AVE MINNEAPOLIS MN 55408	S A SAVAGE & G N SAVAGE	TRIPLEX	$648,600	183 ft
3415 PILLSBURY AVE MINNEAPOLIS MN 55408	THERESA JANE THOMAS	RESIDENTIAL	$435,000	187 ft

Property History

Most Recent Sale

Date200811

Price$245,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,885