3531 GARFIELD AVE MINNEAPOLIS MN 55408

PID: 0302824320185

Property Overview

Parcel ID0302824320185

Lot Size5,853 sq ft (0.134 ac)

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

Year Built1917

Property ClassRESIDENTIAL

OwnerA STREETMAN & A R FARINAS

Assessed Value$394,900

Land Value$147,000

Building Value$247,900

Annual Tax$14,426

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $157K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Final Inspection

Martius Plumbing LLC

RemodelNov 2025Final Inspection

$100K

Kretzmann Building & Design LLC

ResOct 2025Final Inspection

Sayler Heating & Air Conditioning Inc

ExistresOct 2025Final Inspection

Sayler Heating & Air Conditioning Inc

MiscJan 2025Inspection

$35K

Kretzmann Building & Design 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width35 ft

Buildable depth90 ft

Area~3,151 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 3,151 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3535 GARFIELD AVE MINNEAPOLIS MN 55408	PATRICK J JOHNSON ET AL	RESIDENTIAL	$552,000	45 ft
3527 GARFIELD AVE MINNEAPOLIS MN 55408	B BAKKE & F HOEKSTRA BAKKE	RESIDENTIAL-TWO UNIT	$561,600	45 ft
3523 GARFIELD AVE MINNEAPOLIS MN 55408	REGINA H RECKEL	RESIDENTIAL	$472,100	90 ft
3539 GARFIELD AVE MINNEAPOLIS MN 55408	ANDRE K ROGGENBUCK	RESIDENTIAL-TWO UNIT	$435,600	90 ft
3519 GARFIELD AVE MINNEAPOLIS MN 55408	KARA N KING	RESIDENTIAL	$342,700	135 ft
3543 GARFIELD AVE MINNEAPOLIS MN 55408	MOHAMMED BALOCH	RESIDENTIAL	$390,500	135 ft
3530 HARRIET AVE MINNEAPOLIS MN 55408	MARY SIMPSON PROPERTIES LLC	APARTMENT	$998,000	142 ft
3534 HARRIET AVE MINNEAPOLIS MN 55408	S RUBSAM/E DRAXTEN	CONDOMINIUM	$195,000	148 ft
3534 HARRIET AVE MINNEAPOLIS MN 55408	SUSAN L HERRIDGE	CONDOMINIUM	$193,000	148 ft
3534 HARRIET AVE MINNEAPOLIS MN 55408	EMILY BOLLES	CONDOMINIUM	$195,000	148 ft

Property History

Most Recent Sale

Date201705

Price$289,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$14,426