3612 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 0302824340043

Property Overview

Parcel ID0302824340043

Lot Size6,675 sq ft (0.153 ac)

Lot Dimensions (est.)167 ft wide × 40 ft deep

Year Built1915

Property ClassRESIDENTIAL-TWO UNIT

OwnerJONATHAN E OLSON

Assessed Value$429,100

Land Value$164,000

Building Value$265,100

Annual Tax$6,789

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 depth127 ft

Area~3,806 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 3,806 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3608 BLAISDELL AVE MINNEAPOLIS MN 55409	ANDELKA MOLINE/ADAM MOLINE	RESIDENTIAL	$440,000	40 ft
3616 BLAISDELL AVE MINNEAPOLIS MN 55409	MARK J HINDS/LISL L FUHRKEN	RESIDENTIAL	$403,400	40 ft
3620 BLAISDELL AVE MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	80 ft
109 36TH ST W MINNEAPOLIS MN 55408	BRANDON L DOYLE	RESIDENTIAL	$389,100	98 ft
103 36TH ST W MINNEAPOLIS MN 55408	J M VALENCIA & A VALENCIA	RESIDENTIAL	$532,000	111 ft
115 36TH ST W MINNEAPOLIS MN 55408	M SMEDBERG & B BETTGER	RESIDENTIAL	$334,400	113 ft
3624 BLAISDELL AVE MINNEAPOLIS MN 55409	MARGARET YEATON HOYT	RESIDENTIAL	$481,700	127 ft
119 36TH ST W MINNEAPOLIS MN 55408	T C PARENT & A J PARENT	RESIDENTIAL	$395,300	142 ft
123 36TH ST W MINNEAPOLIS MN 55408	DIANE M TERRY	RESIDENTIAL	$247,900	179 ft
3630 BLAISDELL AVE MINNEAPOLIS MN 55409	A K COSKRAN/J MORALES-FLORES	RESIDENTIAL	$533,200	180 ft

Property History

Most Recent Sale

Date199812

Price$132,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,789