3426 GRAND AVE S MINNEAPOLIS MN 55408

PID: 0302824320084

Property Overview

Parcel ID0302824320084

Lot Size5,839 sq ft (0.134 ac)

Lot Dimensions (est.)130 ft wide × 45 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerARSHAM KUFTINEC TRUST

Assessed Value$321,200

Land Value$139,000

Building Value$182,200

Annual Tax$5,133

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2025 · $64K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Closed

4Front Energy Solutions Inc

ResJul 2025Closed

A Johnson Plumbing Inc

RemodelJul 2025Closed

$64K

CASTLE BUILDING & REMODELING 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$345K-0.6% YoY

Median price / sqft$218/sqft

Median days to close44 days

Active listings97

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 depth90 ft

Area~3,140 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 3,140 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3430 GRAND AVE S MINNEAPOLIS MN 55408	ABRA L POLLOCK & CODY STAHL	RESIDENTIAL	$401,900	45 ft
3422 GRAND AVE S MINNEAPOLIS MN 55408	BREANNA J WARD	RESIDENTIAL	$356,900	45 ft
3434 GRAND AVE S MINNEAPOLIS MN 55408	JON A ROBSON/LACEY D NEHRING	RESIDENTIAL-TWO UNIT	$478,700	90 ft
3418 GRAND AVE S MINNEAPOLIS MN 55408	L E JOHNSON & K N FOGT	RESIDENTIAL	$299,800	90 ft
3438 GRAND AVE S MINNEAPOLIS MN 55408	S LITERSKI & B LITERSKI	RESIDENTIAL	$431,900	135 ft
3427 HARRIET AVE MINNEAPOLIS MN 55408	AFFORDABLE GREEN HOMES LLC	APARTMENT	$669,000	141 ft
3425 HARRIET AVE MINNEAPOLIS MN 55408	J R THEISEN & H F THEISEN	RESIDENTIAL	$286,000	145 ft
3414 GRAND AVE S MINNEAPOLIS MN 55408	3408-3414 GRAND AVE SO LLC	APARTMENT	$1,135,000	146 ft
3431 HARRIET AVE MINNEAPOLIS MN 55408	GORDON MARK JOHNSON TRUSTEE	RESIDENTIAL	$340,600	149 ft
3423 HARRIET AVE MINNEAPOLIS MN 55408	M B RODRIGUEZ & A SCHUSTER	RESIDENTIAL	$530,500	153 ft

Property History

Most Recent Sale

Date200410

Price$264,400

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,133