3502 GRAND AVE S MINNEAPOLIS MN 55408

PID: 0302824320122

Property Overview

Parcel ID0302824320122

Lot Size3,595 sq ft (0.083 ac)

Lot Dimensions (est.)90 ft wide × 40 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerISA MARIE CARLINI

Assessed Value$249,900

Land Value$108,000

Building Value$141,900

Annual Tax$3,530

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2022 · $83K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Closed

$3K

KAUFMAN SHEET METAL ROOFING INC

MiscMay 2024Expired

$13K

Minnesota Rusco Inc

MiscJul 2023Closed

$22K

GARLOCK FRENCH ROOFING

MiscMar 2023Closed

$12K

Blue Sky Chimney Sweeps

ExistresJan 2023Closed

McQuillan Bros Plumbing Heating & AC LLC

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width77 ft

Buildable depth0 ft

Area~1,346 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,346 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3500 GRAND AVE S MINNEAPOLIS MN 55408	MATTHEW AHART/ALEXIA MALAGA	RESIDENTIAL	$280,700	35 ft
3506 GRAND AVE S MINNEAPOLIS MN 55408	J AND D APARTMENTS LLC	RESIDENTIAL-TWO UNIT	$384,300	47 ft
411 35TH ST W MINNEAPOLIS MN 55408	T J NELSON & A J NELSON	RESIDENTIAL	$285,400	65 ft
3510 GRAND AVE S MINNEAPOLIS MN 55408	EMILY K COOPER	APARTMENT	$511,000	90 ft
415 35TH ST W MINNEAPOLIS MN 55408	JULIE L NORTH	RESIDENTIAL	$264,200	119 ft
3450 GRAND AVE S MINNEAPOLIS MN 55408	BRUCE BRUNNER	TRIPLEX	$882,000	128 ft
3514 GRAND AVE S MINNEAPOLIS MN 55408	AVENUE GRAND LLC	TRIPLEX	$772,400	134 ft
3501 GRAND AVE S MINNEAPOLIS MN 55408	SOPHIE F SU & ETHAN C SMITH	RESIDENTIAL-TWO UNIT	$428,300	148 ft
3446 GRAND AVE S MINNEAPOLIS MN 55408	MELANIE BRUNNER	RESIDENTIAL-TWO UNIT	$362,400	163 ft
3507 HARRIET AVE MINNEAPOLIS MN 55408	SHERENE JUDEH	RESIDENTIAL	$332,100	167 ft

Property History

Most Recent Sale

Date202602

Price$265,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,530