3623 GRAND AVE S MINNEAPOLIS MN 55409

PID: 0302824330143

Property Overview

Parcel ID0302824330143

Lot Size5,018 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerJ R BRACE & A C BRACE

Assessed Value$365,300

Land Value$168,000

Building Value$197,300

Annual Tax$5,827

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $37K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$28K

Precision Exteriors Restoration LLC

MiscJun 2024Closed

$10K

Precision Exteriors Restoration LLC

ExistresOct 2018Closed

Airic's Heating & Air Conditioning Inc

ExistresJul 2018Closed

MINNEAPOLIS-ST. PAUL PLUMBING, HEATING & AIR

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 depth85 ft

Area~2,563 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 2,563 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3619 GRAND AVE S MINNEAPOLIS MN 55409	NOAH & GENEVIEVE HALL	RESIDENTIAL	$364,400	40 ft
3629 GRAND AVE S MINNEAPOLIS MN 55409	R WILLIAMS & N WILLIAMS	RESIDENTIAL	$477,100	40 ft
3633 GRAND AVE S MINNEAPOLIS MN 55409	K NEUSWANGER & A S FISCHER	RESIDENTIAL	$408,800	80 ft
3615 GRAND AVE S MINNEAPOLIS MN 55409	GRAND APARTMENTS LLC	APARTMENT	$1,749,000	90 ft
3637 GRAND AVE S MINNEAPOLIS MN 55409	P A DILLMAN & D M DILLMAN	RESIDENTIAL-TWO UNIT	$422,500	120 ft
3622 PLEASANT AVE MINNEAPOLIS MN 55409	C SMITHER & K ANDERSON	RESIDENTIAL	$472,600	137 ft
3628 PLEASANT AVE MINNEAPOLIS MN 55409	MARGARET A W BROWNING R L TR	RESIDENTIAL	$413,300	142 ft
3618 PLEASANT AVE MINNEAPOLIS MN 55409	JOSEPH KILIAN	RESIDENTIAL	$402,200	143 ft
3609 GRAND AVE S MINNEAPOLIS MN 55409	FIRST HOLDINGS LLC	APARTMENT	$1,785,000	150 ft
3632 PLEASANT AVE MINNEAPOLIS MN 55409	HETAL DALAL & KEVIN WHELAN	RESIDENTIAL	$479,200	158 ft

Property History

Most Recent Sale

Date201905

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,827