3758 GARFIELD AVE MINNEAPOLIS MN 55409

PID: 0302824330074

Property Overview

Parcel ID0302824330074

Lot Size4,848 sq ft (0.111 ac)

Lot Dimensions (est.)121 ft wide × 40 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerMICHAEL E ROLLIN ET AL

Assessed Value$482,000

Land Value$166,000

Building Value$316,000

Annual Tax$7,417

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2022 · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ResMar 2022Closed

CHAMPION PLUMBING LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

King Field · 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 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width106 ft

Buildable depth0 ft

Area~2,030 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 2,030 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3752 GARFIELD AVE MINNEAPOLIS MN 55409	R W KEMPER & J R LAKSO	RESIDENTIAL	$449,000	40 ft
3748 GARFIELD AVE MINNEAPOLIS MN 55409	IAN JOHN SNYDER	RESIDENTIAL	$424,000	80 ft
3800 GARFIELD AVE MINNEAPOLIS MN 55409	S K & M R DEMPSEY NICHOLLS	RESIDENTIAL	$334,500	106 ft
3744 GARFIELD AVE MINNEAPOLIS MN 55409	APRIL A KNUTSON	RESIDENTIAL	$351,300	120 ft
3757 LYNDALE AVE S MINNEAPOLIS MN 55409	B J BERNSTEIN & T SHIPMAN	RESIDENTIAL	$512,000	133 ft
613 38TH ST W MINNEAPOLIS MN 55409	N HARWOOD & C HARWOOD	RESIDENTIAL	$181,700	137 ft
3755 LYNDALE AVE S MINNEAPOLIS MN 55409	GREG S LYON & KAMMY E LYON	RESIDENTIAL	$565,100	138 ft
3804 GARFIELD AVE MINNEAPOLIS MN 55409	EVAN V & ELENA R BRETZMAN	RESIDENTIAL	$428,000	146 ft
3749 LYNDALE AVE S MINNEAPOLIS MN 55409	D FEDERLEIN & T FEDERLEIN	RESIDENTIAL	$495,200	154 ft
3740 GARFIELD AVE MINNEAPOLIS MN 55409	SARAH LOPSHIRE/BRENDAN BARTH	RESIDENTIAL	$356,500	160 ft

Property History

Most Recent Sale

Date200803

Price$292,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,417