3553 PLEASANT AVE MINNEAPOLIS MN 55408

PID: 0302824310119

Property Overview

Parcel ID0302824310119

Lot Size5,906 sq ft (0.136 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerL FRASER & C PETERSON

Assessed Value$415,300

Land Value$121,000

Building Value$294,300

Annual Tax$6,300

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

6 permits on record since 2017 · $34K total declared value · Most recent: Feb 2025 (existres)

ExistresFeb 2025Inspection

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResFeb 2025Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscJul 2023Closed

$15K

CUSTOM REMODELERS LLC

MiscJul 2022Closed

$12K

CUSTOM REMODELERS LLC

MiscAug 2020Closed

$8K

GLOBAL SYSTEMS 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 width30 ft

Buildable depth108 ft

Area~3,229 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 3,229 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3557 PLEASANT AVE MINNEAPOLIS MN 55408	ROSELYN M GIANLORENZI	RESIDENTIAL-TWO UNIT	$319,900	37 ft
3549 PLEASANT AVE MINNEAPOLIS MN 55408	PETER BULEY & BOKYEONG KIM	RESIDENTIAL-TWO UNIT	$434,300	40 ft
3545 PLEASANT AVE MINNEAPOLIS MN 55408	N C LAMBERT & C L BAUGHMAN	RESIDENTIAL	$321,900	80 ft
212 36TH ST W MINNEAPOLIS MN 55408	ROLF T ANDERSON	RESIDENTIAL	$312,100	108 ft
3541 PLEASANT AVE MINNEAPOLIS MN 55408	A L OPSETH & J G GOGGINS	RESIDENTIAL	$358,500	120 ft
3601 PLEASANT AVE MINNEAPOLIS MN 55409	AMELIA CRUVER & LOGAN ADAMS	RESIDENTIAL	$377,500	153 ft
3537 PLEASANT AVE MINNEAPOLIS MN 55408	PATRICIA R MOSING	RESIDENTIAL	$297,600	160 ft
3548 PILLSBURY AVE MINNEAPOLIS MN 55408	T D F JOHNSON/P L F JOHNSON	RESIDENTIAL	$337,100	183 ft
3552 PILLSBURY AVE MINNEAPOLIS MN 55408	MORGAN ANDERSON	RESIDENTIAL	$376,000	191 ft
3605 PLEASANT AVE MINNEAPOLIS MN 55409	NESTOR ALONSO GOMEZ JIMENEZ	RESIDENTIAL	$326,000	191 ft

Property History

Most Recent Sale

Date201307

Price$329,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,300