3724 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 0302824340106

Property Overview

Parcel ID0302824340106

Lot Size6,671 sq ft (0.153 ac)

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

Year Built1908

Property ClassRESIDENTIAL

OwnerJO T THIES REVOC TRUST

Assessed Value$383,500

Land Value$176,000

Building Value$207,500

Annual Tax$5,768

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $21K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

ResJul 2022Cancelled

Water Heaters Now Inc

RemodelNov 2019Closed

$7K

ALL ENERGY SOLAR INC

MiscJun 2018Closed

$7K

SELA ROOFING AND REMODELING INC

MiscApr 2018Closed

$8K

SELA ROOFING AND REMODELING 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
3720 PILLSBURY AVE MINNEAPOLIS MN 55409	NANCIE S EINESS	RESIDENTIAL	$342,000	40 ft
3728 PILLSBURY AVE MINNEAPOLIS MN 55409	ROSEMARY DAWN DOLATA	RESIDENTIAL	$383,300	40 ft
3714 PILLSBURY AVE MINNEAPOLIS MN 55409	C W BERRENS & E S MERRILL	RESIDENTIAL	$546,800	80 ft
3730 PILLSBURY AVE MINNEAPOLIS MN 55409	ERIK W HOUCK/JACBO B YEAGER	RESIDENTIAL	$450,000	80 ft
3712 PILLSBURY AVE MINNEAPOLIS MN 55409	K A PIEHL/RICHARD C KNOWLTON	RESIDENTIAL	$582,000	120 ft
3708 PILLSBURY AVE MINNEAPOLIS MN 55409	M BROBERG & A M BROBERG	RESIDENTIAL	$480,100	165 ft
3723 PLEASANT AVE MINNEAPOLIS MN 55409	DALE W LINDSTROM	RESIDENTIAL	$327,200	172 ft
3740 PILLSBURY AVE MINNEAPOLIS MN 55409	NW BELL TELEPHONE CO	COMMERCIAL-PREFERRED	$1,260,000	172 ft
3727 PLEASANT AVE MINNEAPOLIS MN 55409	BRADLEY THIES	RESIDENTIAL	$423,200	177 ft
3719 PLEASANT AVE MINNEAPOLIS MN 55409	MICHAEL J LAUX & K D LAUX	RESIDENTIAL	$589,300	177 ft

Property History

Most Recent Sale

Date199104

Price$83,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,768