3451 PLEASANT AVE MINNEAPOLIS MN 55408

PID: 0302824310087

Property Overview

Parcel ID0302824310087

Lot Size5,915 sq ft (0.136 ac)

Lot Dimensions (est.)148 ft wide × 40 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerMARY G HOWARD

Assessed Value$301,100

Land Value$121,000

Building Value$180,100

Annual Tax$4,387

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $7K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Inspection

$2K

Christopher Adams Construction LLC

AdditionJan 2024Expired

$3K

Handyman Connection of Eden Prairie

MiscJul 2020Closed

$2K

MILTON JOHNSON ROOFING SHEET METAL CO

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

Neighborhood Profile

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 depth108 ft

Area~3,236 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 3,236 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3455 PLEASANT AVE MINNEAPOLIS MN 55408	CRAIG R DANIELS	RESIDENTIAL	$334,200	37 ft
3447 PLEASANT AVE MINNEAPOLIS MN 55408	J ASPHOLM & M ASPHOLM	RESIDENTIAL	$359,000	40 ft
3443 PLEASANT AVE MINNEAPOLIS MN 55408	URBAN CANOPIES LLC	RESIDENTIAL-TWO UNIT	$347,800	80 ft
3439 PLEASANT AVE MINNEAPOLIS MN 55408	AARON C BRAND	RESIDENTIAL	$319,700	120 ft
3501 PLEASANT AVE MINNEAPOLIS MN 55408	COMPANION PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$402,200	143 ft
3435 PLEASANT AVE MINNEAPOLIS MN 55408	ANDREW PHILLIP DOYLE	RESIDENTIAL-TWO UNIT	$360,700	160 ft
215 35TH ST W MINNEAPOLIS MN 55408	M E PAUL-COOK/M G DAVEY	RESIDENTIAL	$323,300	170 ft
3452 PILLSBURY AVE MINNEAPOLIS MN 55408	YANNICK LESAOUT	RESIDENTIAL	$200,400	171 ft
3456 PILLSBURY AVE MINNEAPOLIS MN 55408	MEGAN ELIZABETH NOLAN	RESIDENTIAL-TWO UNIT	$311,700	175 ft
3448 PILLSBURY AVE MINNEAPOLIS MN 55408	LINDSEY'S HOUSE LLC	RESIDENTIAL	$348,700	177 ft

Property History

Current Tax Year

Year2026

Tax Due$4,387