3443 PLEASANT AVE MINNEAPOLIS MN 55408

PID: 0302824310089

Property Overview

Parcel ID0302824310089

Lot Size5,915 sq ft (0.136 ac)

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

Year Built1906

Property ClassRESIDENTIAL-TWO UNIT

OwnerURBAN CANOPIES LLC

Assessed Value$347,800

Land Value$121,000

Building Value$226,800

Annual Tax$7,008

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

4 permits on record since 2022 · $158K total declared value · Most recent: Mar 2024 (existres)

ExistresMar 2024Closed

Twin City Boiler LLC

ResDec 2023Closed

Hutton Plumbing LLC

ConversionAug 2023Closed

$155K

Christopher Adams Construction LLC

MiscNov 2022Closed

$3K

Christopher Adams Construction LLC

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 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
3447 PLEASANT AVE MINNEAPOLIS MN 55408	J ASPHOLM & M ASPHOLM	RESIDENTIAL	$359,000	40 ft
3439 PLEASANT AVE MINNEAPOLIS MN 55408	AARON C BRAND	RESIDENTIAL	$319,700	40 ft
3451 PLEASANT AVE MINNEAPOLIS MN 55408	MARY G HOWARD	RESIDENTIAL	$301,100	80 ft
3435 PLEASANT AVE MINNEAPOLIS MN 55408	ANDREW PHILLIP DOYLE	RESIDENTIAL-TWO UNIT	$360,700	80 ft
3455 PLEASANT AVE MINNEAPOLIS MN 55408	CRAIG R DANIELS	RESIDENTIAL	$334,200	117 ft
3431 PLEASANT AVE MINNEAPOLIS MN 55408	COREY C IRVIN & RACHEL IRVIN	RESIDENTIAL-TWO UNIT	$438,200	120 ft
3427 PLEASANT AVE MINNEAPOLIS MN 55408	ALLISON KERNER	RESIDENTIAL	$326,000	160 ft
3444 PILLSBURY AVE MINNEAPOLIS MN 55408	K GANTZEL SEP PROP TRUST	RESIDENTIAL	$363,600	171 ft
3440 PILLSBURY AVE MINNEAPOLIS MN 55408	NICHOLAS ZENNER	RESIDENTIAL	$352,100	176 ft
3448 PILLSBURY AVE MINNEAPOLIS MN 55408	LINDSEY'S HOUSE LLC	RESIDENTIAL	$348,700	176 ft

Property History

Most Recent Sale

Date202010

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,008