3505 GARFIELD AVE MINNEAPOLIS MN 55408

PID: 0302824320146

Property Overview

Parcel ID0302824320146

Lot Size4,806 sq ft (0.110 ac)

Lot Dimensions (est.)130 ft wide × 37 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerMARK WERNER LUND

Assessed Value$298,100

Land Value$134,000

Building Value$164,100

Annual Tax$4,338

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $41K total declared value · Most recent: Jan 2026 (res)

ResJan 2026Closed

Alexander Plumbing LLC

MiscNov 2025Closed

$6K

ALL AROUND PROPERTY PRESERVATION

MiscFeb 2024Closed

$12K

TIMMERS CONSTRUCTION

AccessoryDec 2021Closed

$23K

MARK W LUND

ExistresFeb 2018Closed

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

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 width117 ft

Buildable depth0 ft

Area~2,157 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 2,157 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3501 GARFIELD AVE MINNEAPOLIS MN 55408	PAIGE MILLER	RESIDENTIAL	$352,100	35 ft
3507 GARFIELD AVE MINNEAPOLIS MN 55408	PAMELA L CHRISTIAN	RESIDENTIAL	$181,500	41 ft
3511 GARFIELD AVE MINNEAPOLIS MN 55408	MARIAN PARKER	RESIDENTIAL	$419,100	86 ft
3515 GARFIELD AVE MINNEAPOLIS MN 55408	RUSSELL MEELBERG	RESIDENTIAL	$254,000	131 ft
3504 HARRIET AVE MINNEAPOLIS MN 55408	R D DAVIS & M A DAVIS	RESIDENTIAL	$298,800	141 ft
3500 HARRIET AVE MINNEAPOLIS MN 55408	GALPIN LLC	RESIDENTIAL	$370,100	145 ft
3447 GARFIELD AVE MINNEAPOLIS MN 55408	D & B FIVE LLC	APARTMENT	$1,473,000	146 ft
3508 HARRIET AVE MINNEAPOLIS MN 55408	P A LEUGERS & L M FERRERA	RESIDENTIAL	$380,300	149 ft
3512 HARRIET AVE MINNEAPOLIS MN 55408	THOMAS A JONES	RESIDENTIAL	$354,600	166 ft
3519 GARFIELD AVE MINNEAPOLIS MN 55408	KARA N KING	RESIDENTIAL	$342,700	176 ft

Property History

Most Recent Sale

Date200410

Price$199,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,338