3741 GRAND AVE S MINNEAPOLIS MN 55409

PID: 0302824330130

Property Overview

Parcel ID0302824330130

Lot Size5,043 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerS J HUOT & K L MAIERS-HUOT

Assessed Value$383,300

Land Value$169,000

Building Value$214,300

Annual Tax$6,131

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $38K total declared value · Most recent: Jan 2025 (misc)

MiscJan 2025Closed

$21K

2nd Generation Chimneys

RemodelDec 2020Closed

$12K

Chimney Doctors

ResFeb 2019Closed

FIRESIDE HEARTH AND HOME

MiscAug 2017Closed

$5K

CHARLIE'S ANGLES LLC

ResJun 2017Closed

BENJAMIN FRANKLIN PLUMBING

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

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 width30 ft

Buildable depth86 ft

Area~2,582 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 2,582 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
3745 GRAND AVE S MINNEAPOLIS MN 55409	REBECCA W GILLETTE	RESIDENTIAL	$375,400	40 ft
3737 GRAND AVE S MINNEAPOLIS MN 55409	GISELLE RESTREPO ET AL	RESIDENTIAL	$384,400	40 ft
3731 GRAND AVE S MINNEAPOLIS MN 55409	BRIGHT BLUE EYES LLC	RESIDENTIAL	$411,300	80 ft
3749 GRAND AVE S MINNEAPOLIS MN 55409	3749 GRAND AVE SOUTH LLC	APARTMENT	$1,098,000	90 ft
3729 GRAND AVE S MINNEAPOLIS MN 55409	ERIK UNDERWOOD/MARIJA JOZIC	RESIDENTIAL	$468,900	120 ft
3757 GRAND AVE S MINNEAPOLIS MN 55409	SOFO HOLDINGS LLC	COMMERCIAL-PREFERRED	$370,000	130 ft
3738 PLEASANT AVE MINNEAPOLIS MN 55409	MARCUS K DRAYTON	RESIDENTIAL-TWO UNIT	$436,000	138 ft
3734 PLEASANT AVE MINNEAPOLIS MN 55409	M J BERGREN & M R BERGREN	RESIDENTIAL	$454,700	144 ft
3730 PLEASANT AVE MINNEAPOLIS MN 55409	R PEREIRA JR & W PEREIRA	RESIDENTIAL	$516,400	160 ft
314 38TH ST W MINNEAPOLIS MN 55409	AVESTEK CONSULTING GROUP INC	COMMERCIAL-PREFERRED	$790,000	160 ft

Property History

Most Recent Sale

Date199312

Price$1

Type—

Current Tax Year

Year2026

Tax Due$6,131