207 34TH ST W MINNEAPOLIS MN 55408

PID: 0302824310073

Property Overview

Parcel ID0302824310073

Lot Size4,952 sq ft (0.114 ac)

Lot Dimensions (est.)43 ft wide × 115 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerE M JOHNSON & A Z MERIMS

Assessed Value$270,700

Land Value$111,000

Building Value$159,700

Annual Tax$4,036

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

2 permits on record since 2020 · $20K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$20K

Bold North Roofing and Contracting LLC

ResJul 2020Closed

Linn Star Transfer Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 width33 ft

Buildable depth75 ft

Area~2,481 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 2,481 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
211 34TH ST W MINNEAPOLIS MN 55408	M A PETERSON & A Q PETERSON	RESIDENTIAL	$258,700	42 ft
3400 PILLSBURY AVE MINNEAPOLIS MN 55408	DENNIS LOUIS LODERMEIER	RESIDENTIAL	$237,300	43 ft
3410 PILLSBURY AVE MINNEAPOLIS MN 55408	J A DANZL & T R LAGE	RESIDENTIAL	$383,300	80 ft
215 34TH ST W MINNEAPOLIS MN 55408	THOMAS FELTON/JESSICA FELTON	RESIDENTIAL	$290,700	83 ft
3416 PILLSBURY AVE MINNEAPOLIS MN 55408	M A BARLOW/A C MALLE-BARLOW	RESIDENTIAL	$412,300	119 ft
217 34TH ST W MINNEAPOLIS MN 55408	KATHLEEN M MCGEE	RESIDENTIAL	$285,200	140 ft
3420 PILLSBURY AVE MINNEAPOLIS MN 55408	MICHAEL W SUHR	RESIDENTIAL-TWO UNIT	$521,600	159 ft
3407 PLEASANT AVE MINNEAPOLIS MN 55408	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	194 ft
3424 PILLSBURY AVE MINNEAPOLIS MN 55408	BERT M THOMPSON	TRIPLEX	$608,000	199 ft
3405 PILLSBURY AVE MINNEAPOLIS MN 55408	JOEL A HOBART/JULIE M HOBART	RESIDENTIAL	$273,000	204 ft

Property History

Most Recent Sale

Date199903

Price$130,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,036