3529 BLAISDELL AVE MINNEAPOLIS MN 55408

PID: 0302824310183

Property Overview

Parcel ID0302824310183

Lot Size7,452 sq ft (0.171 ac)

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

Year Built1906

Property ClassRESIDENTIAL

Owner3529BLAISDELL LLC

Assessed Value$328,000

Land Value$125,000

Building Value$203,000

Annual Tax$5,078

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

2 permits on record since 2019 · Most recent: Jan 2020 (res)

ResJan 2020Closed

ECOWATER

ResNov 2019Closed

ECOWATER

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 depth146 ft

Area~4,389 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 4,389 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
3533 BLAISDELL AVE MINNEAPOLIS MN 55408	J MANSHIP & Z MANSHIP	RESIDENTIAL	$373,200	40 ft
3525 BLAISDELL AVE MINNEAPOLIS MN 55408	R & B EHLENFELDT	RESIDENTIAL	$426,000	40 ft
3537 BLAISDELL AVE MINNEAPOLIS MN 55408	BRUCE B DAVIS	RESIDENTIAL-TWO UNIT	$430,600	80 ft
3521 BLAISDELL AVE MINNEAPOLIS MN 55408	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	80 ft
3541 BLAISDELL AVE MINNEAPOLIS MN 55408	SCOTT TUSKA & BROOKE TUSKA	RESIDENTIAL-TWO UNIT	$424,100	120 ft
3517 BLAISDELL AVE MINNEAPOLIS MN 55408	AGNES ANN HART	RESIDENTIAL	$316,600	120 ft
3545 BLAISDELL AVE MINNEAPOLIS MN 55408	MATTHEW & STACY KLAGE LIV TR	RESIDENTIAL	$534,000	160 ft
3513 BLAISDELL AVE MINNEAPOLIS MN 55408	D TRAJANO & P O'TOOLE	RESIDENTIAL	$337,600	160 ft
3536 NICOLLET AVE MINNEAPOLIS MN 55408	3536 NICOLLET LLC	APARTMENT	$35,949,000	212 ft
3518 NICOLLET AVE MINNEAPOLIS MN 55408	COPENHAGEN-HANSEN FAM LLLP	CONDOMINIUM	$132,000	227 ft

Property History

Most Recent Sale

Date201811

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,078