3431 PLEASANT AVE MINNEAPOLIS MN 55408

PID: 0302824310193

Property Overview

Parcel ID0302824310193

Lot Size5,915 sq ft (0.136 ac)

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

Year Built1889

Property ClassRESIDENTIAL-TWO UNIT

OwnerCOREY C IRVIN & RACHEL IRVIN

Assessed Value$438,200

Land Value$121,000

Building Value$317,200

Annual Tax$8,322

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 2023 · $21K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Closed

$21K

ALL AROUND PROPERTY PRESERVATION

ExistresAug 2023Closed

Ray N Welter Heating Co

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%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3435 PLEASANT AVE MINNEAPOLIS MN 55408	ANDREW PHILLIP DOYLE	RESIDENTIAL-TWO UNIT	$360,700	40 ft
3427 PLEASANT AVE MINNEAPOLIS MN 55408	ALLISON KERNER	RESIDENTIAL	$326,000	40 ft
3439 PLEASANT AVE MINNEAPOLIS MN 55408	AARON C BRAND	RESIDENTIAL	$319,700	80 ft
3423 PLEASANT AVE MINNEAPOLIS MN 55408	LEAH HURLEY & JOSEPH HURLEY	RESIDENTIAL	$402,800	80 ft
3443 PLEASANT AVE MINNEAPOLIS MN 55408	URBAN CANOPIES LLC	RESIDENTIAL-TWO UNIT	$347,800	120 ft
3419 PLEASANT AVE MINNEAPOLIS MN 55408	S W OAKLEY & M D OAKLEY	RESIDENTIAL	$455,600	120 ft
3447 PLEASANT AVE MINNEAPOLIS MN 55408	J ASPHOLM & M ASPHOLM	RESIDENTIAL	$359,000	160 ft
3415 PLEASANT AVE MINNEAPOLIS MN 55408	TRISTRAM DREW & LAURA DREW	RESIDENTIAL	$357,700	160 ft
3432 PILLSBURY AVE MINNEAPOLIS MN 55408	N BROOKS III & L BROOKS	RESIDENTIAL-TWO UNIT	$428,500	171 ft
3436 PILLSBURY AVE MINNEAPOLIS MN 55408	REVIVAL PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$467,100	176 ft

Property History

Most Recent Sale

Date201501

Price$379,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,322