114 37TH ST W MINNEAPOLIS MN 55409

PID: 0302824340052

Property Overview

Parcel ID0302824340052

Lot Size2,160 sq ft (0.050 ac)

Lot Dimensions (est.)40 ft wide × 54 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerH & L ENTERPRISES LLC

Assessed Value$296,700

Land Value$96,000

Building Value$200,700

Annual Tax$5,635

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

4 permits on record since 2017 · $9K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$7K

Window Nation LLC

MiscSep 2022Closed

$2K

Window Nation LLC

ResApr 2021Closed

FFM LLC

ResJan 2017Closed

MINNESOTA PLUMBING AND HEATING 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth14 ft

Area~422 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Marginal

Back-of-envelope estimate based on sfr / adu benchmarks for 422 sqft buildable area.

Est. units

Yield on cost

5.2%

Spread

-0.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
120 37TH ST W MINNEAPOLIS MN 55409	KELLY J WENTE	RESIDENTIAL	$311,400	64 ft
3652 BLAISDELL AVE MINNEAPOLIS MN 55409	G GILBERTSON & J P LAPOINTE	TRIPLEX	$558,300	83 ft
3648 BLAISDELL AVE MINNEAPOLIS MN 55409	3648 BLAISDELL LLC	RESIDENTIAL-TWO UNIT	$586,500	86 ft
113 37TH ST W MINNEAPOLIS MN 55409	ANGELA WAGNER & B GLAROS	RESIDENTIAL	$171,800	105 ft
126 37TH ST W MINNEAPOLIS MN 55409	S J HURLEY & M M KOCHER	RESIDENTIAL	$263,600	117 ft
3644 BLAISDELL AVE MINNEAPOLIS MN 55409	JODI REEB	RESIDENTIAL	$502,100	125 ft
3649 PILLSBURY AVE MINNEAPOLIS MN 55409	T & T OLSON	RESIDENTIAL-TWO UNIT	$474,100	136 ft
3700 BLAISDELL AVE MINNEAPOLIS MN 55409	ELLEN SAMUELSON	RESIDENTIAL	$393,900	138 ft
119 37TH ST W MINNEAPOLIS MN 55409	D M AND J L NELSON-PAPCKE	RESIDENTIAL	$454,600	146 ft
3704 BLAISDELL AVE MINNEAPOLIS MN 55409	FAITH ESKOLA	RESIDENTIAL	$405,000	155 ft

Property History

Most Recent Sale

Date201210

Price$86,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,635