3701 GRAND AVE S MINNEAPOLIS MN 55409

PID: 0302824330207· 1 field stubbed (see below)

Property Overview

Parcel ID0302824330207

Lot Size7,611 sq ft (0.175 ac)

Lot Dimensions (est.)126 ft wide × 61 ft deep

Year Built1922

Property ClassCOOPERATIVE HOUSING

Owner3701 GRAND ASSOCIATED CO-OP

Assessed Value$136,000

Land Value$21,700

Building Value$114,300

Annual Tax$1,624

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $79K total declared value · Most recent: Jan 2021 (comnofdbv)

ComnofdbvJan 2021Closed

Elias Plumbing LLC

RemodelAug 2019Closed

$76K

SMITH COLE STUCCO AND STONE

RoofwindMay 2017Closed

$4K

SELA ROOFING AND REMODELING INC

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

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 width113 ft

Buildable depth21 ft

Area~4,074 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 4,074 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND AVE ASSOC CO-OP	COOPERATIVE HOUSING	$1,306,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$136,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$136,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$136,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$136,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$136,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$136,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$136,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND ASSOCIATES CO-OP	COOPERATIVE HOUSING	$109,000
3701 GRAND AVE S MINNEAPOLIS MN 55409	3701 GRAND AVE ASSOC CO-OP	COOPERATIVE HOUSING	$109,000

Stub notice: The following fields could not be fetched from live sources and are shown as "—": taxHistory. See README for details on which sources are live vs. stubbed.