3655 HARRIET AVE MINNEAPOLIS MN 55409

PID: 0302824330169

Property Overview

Parcel ID0302824330169

Lot Size9,670 sq ft (0.222 ac)

Lot Dimensions (est.)131 ft wide × 74 ft deep

Year Built1919

Property ClassAPARTMENT

OwnerTHOMAS R LARSEN ET AL

Assessed Value$1,098,900

Land Value$242,400

Building Value$856,500

Annual Tax$20,869

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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

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 width118 ft

Buildable depth34 ft

Area~5,528 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 5,528 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3649 HARRIET AVE MINNEAPOLIS MN 55409	G G EASTER & L M SALMON	RESIDENTIAL-TWO UNIT	$543,500	57 ft
3643 HARRIET AVE MINNEAPOLIS MN 55409	3643 HARRIET AVENUE LLC	RESIDENTIAL-TWO UNIT	$585,700	97 ft
3701 HARRIET AVE MINNEAPOLIS MN 55409	RICHARD G MACDONALD	RESIDENTIAL	$326,300	114 ft
3639 HARRIET AVE MINNEAPOLIS MN 55409	DALE C MEYER	RESIDENTIAL-TWO UNIT	$558,900	137 ft
3656 GRAND AVE S MINNEAPOLIS MN 55409	THOMAS R LARSEN TRUST ET AL	APARTMENT	$1,075,500	142 ft
3705 HARRIET AVE MINNEAPOLIS MN 55409	M E KOSCIOLEK & M A LAUBACH	RESIDENTIAL	$386,400	149 ft
3648 GRAND AVE S MINNEAPOLIS MN 55409	DEBRA A RADTKE	RESIDENTIAL	$317,600	154 ft
3637 HARRIET AVE MINNEAPOLIS MN 55409	C TORRES & H MCKISSICK	RESIDENTIAL	$503,400	177 ft
3636 GRAND AVE S MINNEAPOLIS MN 55409	L A P ZAMBRANO/A L P NARANJO	CONDOMINIUM	$131,000	185 ft
3636 GRAND AVE S MINNEAPOLIS MN 55409	ION MIHAILA	CONDOMINIUM	$100,000	185 ft

Property History

Current Tax Year

Year2026

Tax Due$20,869