3712 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 0302824340103

Property Overview

Parcel ID0302824340103

Lot Size6,671 sq ft (0.153 ac)

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

Year Built1908

Property ClassRESIDENTIAL

OwnerK A PIEHL/RICHARD C KNOWLTON

Assessed Value$582,000

Land Value$176,000

Building Value$406,000

Annual Tax$9,298

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

6 permits on record since 2017 · $57K total declared value · Most recent: Mar 2026 (res)

ResMar 2026Closed

Norblom Plumbing Co

ExistresFeb 2026Closed

Standard Heating and Air Conditioning Inc

ResDec 2024Closed

CenterPoint Energy Resource Corp

ResOct 2019Closed

Twin City Fireplace & Stone Company

ResAug 2017Closed

Piperight Plumbing 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 depth127 ft

Area~3,803 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 3,803 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
3714 PILLSBURY AVE MINNEAPOLIS MN 55409	C W BERRENS & E S MERRILL	RESIDENTIAL	$546,800	40 ft
3708 PILLSBURY AVE MINNEAPOLIS MN 55409	M BROBERG & A M BROBERG	RESIDENTIAL	$480,100	45 ft
3720 PILLSBURY AVE MINNEAPOLIS MN 55409	NANCIE S EINESS	RESIDENTIAL	$342,000	80 ft
3700 PILLSBURY AVE MINNEAPOLIS MN 55409	CHRISTOPHER A DOLEZAL	RESIDENTIAL	$553,500	103 ft
3724 PILLSBURY AVE MINNEAPOLIS MN 55409	JO T THIES REVOC TRUST	RESIDENTIAL	$383,500	120 ft
3728 PILLSBURY AVE MINNEAPOLIS MN 55409	ROSEMARY DAWN DOLATA	RESIDENTIAL	$383,300	160 ft
3711 PLEASANT AVE MINNEAPOLIS MN 55409	ELIZABETH V SALYARDS	RESIDENTIAL	$436,000	173 ft
3709 PLEASANT AVE MINNEAPOLIS MN 55409	C A & L B DOLEZAL	RESIDENTIAL-TWO UNIT	$407,300	177 ft
3715 PLEASANT AVE MINNEAPOLIS MN 55409	RITA HOLLAND/DANIEL HOLLAND	RESIDENTIAL	$408,700	178 ft
3719 PLEASANT AVE MINNEAPOLIS MN 55409	MICHAEL J LAUX & K D LAUX	RESIDENTIAL	$589,300	191 ft

Property History

Current Tax Year

Year2026

Tax Due$9,298