3420 PLEASANT AVE MINNEAPOLIS MN 55408

PID: 0302824320006

Property Overview

Parcel ID0302824320006

Lot Size5,611 sq ft (0.129 ac)

Lot Dimensions (est.)124 ft wide × 45 ft deep

Year Built1889

Property ClassRESIDENTIAL-TWO UNIT

OwnerB CAULFIELD & K CHIZEWSKI

Assessed Value$437,200

Land Value$145,000

Building Value$292,200

Annual Tax$6,667

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $14K total declared value · Most recent: Mar 2022 (res)

ResMar 2022Closed

CHAMPION PLUMBING LLC

ResDec 2020Closed

SODERLIN PLUMBING HEATING AND AIR

MiscJun 2019Closed

$12K

SELA ROOFING AND REMODELING INC

RemodelApr 2018Closed

$2K

METROPOLIS CONSTRUCTION

ResAug 2017Closed

Pipe Dream Plumbing 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 width35 ft

Buildable depth85 ft

Area~2,963 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 2,963 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3414 PLEASANT AVE MINNEAPOLIS MN 55408	JOHN D BELCHER	RESIDENTIAL	$379,800	45 ft
3424 PLEASANT AVE MINNEAPOLIS MN 55408	JAMIE JOHNSON	RESIDENTIAL	$234,900	45 ft
3426 PLEASANT AVE MINNEAPOLIS MN 55408	J BALFOUR & A HARTMAN	RESIDENTIAL-TWO UNIT	$528,900	90 ft
3410 PLEASANT AVE MINNEAPOLIS MN 55408	K P BRADY & M A GARRY	RESIDENTIAL	$521,600	90 ft
3430 PLEASANT AVE MINNEAPOLIS MN 55408	S A O'CONNOR & J L GOHMAN	RESIDENTIAL-TWO UNIT	$497,000	135 ft
3406 PLEASANT AVE MINNEAPOLIS MN 55408	BAKER'S LOT PROP MGMT LLC	RESIDENTIAL	$473,700	135 ft
3419 GRAND AVE S MINNEAPOLIS MN 55408	AFFORDABLE GREEN HOMES LLC	RESIDENTIAL-TWO UNIT	$407,000	136 ft
3415 GRAND AVE S MINNEAPOLIS MN 55408	MELANIE S SIEPKER	RESIDENTIAL	$345,000	143 ft
3423 GRAND AVE S MINNEAPOLIS MN 55408	C L SORENSON & B J HASKELL	RESIDENTIAL	$380,600	144 ft
3411 GRAND AVE S MINNEAPOLIS MN 55408	C J HOLM & A K J HOLM	RESIDENTIAL	$361,300	163 ft

Property History

Most Recent Sale

Date201810

Price$435,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,667