30 37TH ST W MINNEAPOLIS MN 55409

PID: 0302824340023

Property Overview

Parcel ID0302824340023

Lot Size6,286 sq ft (0.144 ac)

Lot Dimensions (est.)67 ft wide × 94 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerDARREN L STORMOEN

Assessed Value$413,500

Land Value$168,000

Building Value$245,500

Annual Tax$6,271

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

1 permit on record since 2024 · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

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 width57 ft

Buildable depth54 ft

Area~3,073 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 3,073 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3655 BLAISDELL AVE MINNEAPOLIS MN 55409	JAMES/JENNIFER L B FULBRIGHT	RESIDENTIAL	$438,300	61 ft
24 37TH ST W MINNEAPOLIS MN 55409	EMILY O'MALLEY/KYLE O'MALLEY	RESIDENTIAL	$378,100	67 ft
3645 BLAISDELL AVE MINNEAPOLIS MN 55409	T CHOLAT & H M CHOLAT	RESIDENTIAL	$525,200	78 ft
3641 BLAISDELL AVE MINNEAPOLIS MN 55409	BARCLAY PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$484,100	127 ft
18 37TH ST W MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	137 ft
3701 BLAISDELL AVE MINNEAPOLIS MN 55409	B M FELLER & A M AMSTRUP	RESIDENTIAL	$370,000	143 ft
23 37TH ST W MINNEAPOLIS MN 55409	SAMUEL J BRUMMER	RESIDENTIAL	$402,000	166 ft
3637 BLAISDELL AVE MINNEAPOLIS MN 55409	R W JAY JR & S B KORBLICK	RESIDENTIAL	$477,000	167 ft
14 37TH ST W MINNEAPOLIS MN 55409	MICHAEL & SARAH M NICOLOSI	RESIDENTIAL	$237,500	176 ft
19 37TH ST W MINNEAPOLIS MN 55409	19 W 37TH STREET LLC	RESIDENTIAL-TWO UNIT	$483,800	179 ft

Property History

Most Recent Sale

Date199511

Price$40,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,271