3719 PLEASANT AVE MINNEAPOLIS MN 55409

PID: 0302824340116

Property Overview

Parcel ID0302824340116

Lot Size5,872 sq ft (0.135 ac)

Lot Dimensions (est.)147 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerMICHAEL J LAUX & K D LAUX

Assessed Value$589,300

Land Value$167,000

Building Value$422,300

Annual Tax$9,436

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

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 depth107 ft

Area~3,204 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 3,204 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
3723 PLEASANT AVE MINNEAPOLIS MN 55409	DALE W LINDSTROM	RESIDENTIAL	$327,200	40 ft
3715 PLEASANT AVE MINNEAPOLIS MN 55409	RITA HOLLAND/DANIEL HOLLAND	RESIDENTIAL	$408,700	40 ft
3727 PLEASANT AVE MINNEAPOLIS MN 55409	BRADLEY THIES	RESIDENTIAL	$423,200	80 ft
3711 PLEASANT AVE MINNEAPOLIS MN 55409	ELIZABETH V SALYARDS	RESIDENTIAL	$436,000	80 ft
3733 PLEASANT AVE MINNEAPOLIS MN 55409	LAKE CNTRY SCHOOL-MONTESSORI	RESIDENTIAL	$0	120 ft
3709 PLEASANT AVE MINNEAPOLIS MN 55409	C A & L B DOLEZAL	RESIDENTIAL-TWO UNIT	$407,300	120 ft
3720 PILLSBURY AVE MINNEAPOLIS MN 55409	NANCIE S EINESS	RESIDENTIAL	$342,000	173 ft
3714 PILLSBURY AVE MINNEAPOLIS MN 55409	C W BERRENS & E S MERRILL	RESIDENTIAL	$546,800	177 ft
3724 PILLSBURY AVE MINNEAPOLIS MN 55409	JO T THIES REVOC TRUST	RESIDENTIAL	$383,500	177 ft
3701 PLEASANT AVE MINNEAPOLIS MN 55409	JOSHUA PROPERTIES LLC	APARTMENT	$1,650,000	178 ft

Property History

Most Recent Sale

Date201604

Price$434,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,436