208 37TH ST W MINNEAPOLIS MN 55409

PID: 0302824340085

Property Overview

Parcel ID0302824340085

Lot Size6,836 sq ft (0.157 ac)

Lot Dimensions (est.)60 ft wide × 114 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerMARILYN CHERENE M ERICKSON

Assessed Value$328,600

Land Value$178,000

Building Value$150,600

Annual Tax$4,848

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 width50 ft

Buildable depth74 ft

Area~3,699 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 3,699 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
212 37TH ST W MINNEAPOLIS MN 55409	DREAMLAND LLC	APARTMENT	$828,000	55 ft
204 37TH ST W MINNEAPOLIS MN 55409	KENNETH C GREGORY	RESIDENTIAL	$355,000	58 ft
3646 PILLSBURY AVE MINNEAPOLIS MN 55409	N RICHTMAN & S TSCHIDA	RESIDENTIAL	$425,500	77 ft
3640 PILLSBURY AVE MINNEAPOLIS MN 55409	SARAH M MALIK	RESIDENTIAL	$563,200	117 ft
3700 PILLSBURY AVE MINNEAPOLIS MN 55409	CHRISTOPHER A DOLEZAL	RESIDENTIAL	$553,500	150 ft
3636 PILLSBURY AVE MINNEAPOLIS MN 55409	IMANTS PONE	RESIDENTIAL	$422,000	157 ft
3655 PLEASANT AVE MINNEAPOLIS MN 55409	EMILY & PETER WILDBERGER	RESIDENTIAL	$546,700	172 ft
3649 PLEASANT AVE MINNEAPOLIS MN 55409	C JOHNSON & C CARMICHAEL	RESIDENTIAL	$557,500	172 ft
3645 PLEASANT AVE MINNEAPOLIS MN 55409	JILL MARIE CRAIG	RESIDENTIAL	$443,200	186 ft
132 37TH ST W MINNEAPOLIS MN 55409	DAVID FORD & HEATHER FORD	RESIDENTIAL	$298,000	196 ft

Property History

Current Tax Year

Year2026

Tax Due$4,848