3537 BLAISDELL AVE MINNEAPOLIS MN 55408

PID: 0302824310181

Property Overview

Parcel ID0302824310181

Lot Size7,463 sq ft (0.171 ac)

Lot Dimensions (est.)186 ft wide × 40 ft deep

Year Built1908

Property ClassRESIDENTIAL-TWO UNIT

OwnerBRUCE B DAVIS

Assessed Value$430,600

Land Value$125,000

Building Value$305,600

Annual Tax$6,556

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

1 permit on record since 2023 · Most recent: Feb 2023 (res)

ResFeb 2023Closed

SODERLIN PLUMBING HEATING AND AIR

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 depth147 ft

Area~4,397 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 4,397 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
3541 BLAISDELL AVE MINNEAPOLIS MN 55408	SCOTT TUSKA & BROOKE TUSKA	RESIDENTIAL-TWO UNIT	$424,100	40 ft
3533 BLAISDELL AVE MINNEAPOLIS MN 55408	J MANSHIP & Z MANSHIP	RESIDENTIAL	$373,200	40 ft
3545 BLAISDELL AVE MINNEAPOLIS MN 55408	MATTHEW & STACY KLAGE LIV TR	RESIDENTIAL	$534,000	80 ft
3529 BLAISDELL AVE MINNEAPOLIS MN 55408	3529BLAISDELL LLC	RESIDENTIAL	$328,000	80 ft
3525 BLAISDELL AVE MINNEAPOLIS MN 55408	R & B EHLENFELDT	RESIDENTIAL	$426,000	120 ft
30 36TH ST W MINNEAPOLIS MN 55408	L & G L DEHAVEN JR	RESIDENTIAL	$265,700	159 ft
26 36TH ST W MINNEAPOLIS MN 55408	PAIGE SKADSEN	RESIDENTIAL	$398,700	159 ft
3521 BLAISDELL AVE MINNEAPOLIS MN 55408	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	160 ft
20 36TH ST W MINNEAPOLIS MN 55408	VERTIN JIMENEZ/ANGIE GRAFING	RESIDENTIAL	$324,300	172 ft
3557 BLAISDELL AVE MINNEAPOLIS MN 55408	S A HATTING & E J HATTING	RESIDENTIAL	$407,200	173 ft

Property History

Most Recent Sale

Date199206

Price$70,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,556