116 36TH ST W MINNEAPOLIS MN 55408

PID: 0302824310144

Property Overview

Parcel ID0302824310144

Lot Size4,149 sq ft (0.095 ac)

Lot Dimensions (est.)40 ft wide × 103 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJOHN P KARGES/LINDA M KARGES

Assessed Value$232,000

Land Value$89,000

Building Value$143,000

Annual Tax$3,231

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 2017 · $42K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

AdditionMay 2019Closed

$7K

HOMECARE INC

ResMay 2017Closed

Southtown Plumbing Inc

RemodelApr 2017Closed

$35K

HOMECARE 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 depth64 ft

Area~1,913 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 1,913 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
112 36TH ST W MINNEAPOLIS MN 55408	KATHARINE L RONALD	RESIDENTIAL	$339,000	40 ft
120 36TH ST W MINNEAPOLIS MN 55408	JOSEPH JAMES REID	RESIDENTIAL	$385,300	57 ft
108 36TH ST W MINNEAPOLIS MN 55408	D J LINDQUIST/D R LINDQUIST	RESIDENTIAL	$320,700	80 ft
3546 BLAISDELL AVE MINNEAPOLIS MN 55408	SEAN GERVAIS	RESIDENTIAL-TWO UNIT	$485,200	95 ft
124 36TH ST W MINNEAPOLIS MN 55408	DAVID J CHEN	RESIDENTIAL	$404,000	99 ft
3542 BLAISDELL AVE MINNEAPOLIS MN 55408	K R WAHL & B S HEDBERG	RESIDENTIAL	$554,000	121 ft
104 36TH ST W MINNEAPOLIS MN 55408	JOHN W ERICKSON & WIFE	RESIDENTIAL	$383,500	124 ft
128 36TH ST W MINNEAPOLIS MN 55408	CATHERINE A CORY TRUST	RESIDENTIAL	$344,300	141 ft
3545 PILLSBURY AVE MINNEAPOLIS MN 55408	JOHN M WILLIAMS	RESIDENTIAL	$362,000	144 ft
3538 BLAISDELL AVE MINNEAPOLIS MN 55408	P S WICKLUND & S A WICKLUND	RESIDENTIAL	$596,000	165 ft

Property History

Most Recent Sale

Date199308

Price$1

Type—

Current Tax Year

Year2026

Tax Due$3,231