3625 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 0302824340030

Property Overview

Parcel ID0302824340030

Lot Size7,544 sq ft (0.173 ac)

Lot Dimensions (est.)188 ft wide × 40 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerSHANE FARSUND

Assessed Value$453,200

Land Value$173,000

Building Value$280,200

Annual Tax$6,934

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth149 ft

Area~4,458 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 4,458 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3629 BLAISDELL AVE MINNEAPOLIS MN 55409	M R FLEMING & C LUJAN	RESIDENTIAL	$600,000	40 ft
3621 BLAISDELL AVE MINNEAPOLIS MN 55409	LORRAINE L W WELLMAN REV TR	RESIDENTIAL	$448,100	40 ft
3633 BLAISDELL AVE MINNEAPOLIS MN 55409	LISA GREGORI	RESIDENTIAL-TWO UNIT	$452,600	80 ft
3617 BLAISDELL AVE MINNEAPOLIS MN 55409	C MAYENSCHEIN/E MAYENSCHEIN	RESIDENTIAL	$534,500	80 ft
3637 BLAISDELL AVE MINNEAPOLIS MN 55409	R W JAY JR & S B KORBLICK	RESIDENTIAL	$477,000	120 ft
3613 BLAISDELL AVE MINNEAPOLIS MN 55409	J H SATHRUM & D J SATHRUM	RESIDENTIAL	$391,600	120 ft
3641 BLAISDELL AVE MINNEAPOLIS MN 55409	BARCLAY PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$484,100	160 ft
27 36TH ST W MINNEAPOLIS MN 55408	R C LANDES & M R O'SULLIVAN	RESIDENTIAL	$272,000	197 ft
23 36TH ST W MINNEAPOLIS MN 55408	S MASSMANN & M HURST	RESIDENTIAL	$430,000	201 ft
31 36TH ST W MINNEAPOLIS MN 55408	M J & C M CALLAGHAN	RESIDENTIAL	$318,500	201 ft

Property History

Most Recent Sale

Date201602

Price$217,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$6,934