3740 BLAISDELL AVE MINNEAPOLIS MN 55409

PID: 0302824340132

Property Overview

Parcel ID0302824340132

Lot Size6,672 sq ft (0.153 ac)

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

Year Built1907

Property ClassRESIDENTIAL

OwnerGABE S ORMSBY ET AL

Assessed Value$423,400

Land Value$164,000

Building Value$259,400

Annual Tax$6,437

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 depth127 ft

Area~3,804 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 3,804 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3736 BLAISDELL AVE MINNEAPOLIS MN 55409	J M KLECKNER & S E KLECKNER	RESIDENTIAL	$451,000	40 ft
3744 BLAISDELL AVE MINNEAPOLIS MN 55409	JEFFREY B KASE & YELENA KASE	RESIDENTIAL	$368,500	40 ft
3732 BLAISDELL AVE MINNEAPOLIS MN 55409	E E A BEYERS-CARLSON ET AL	RESIDENTIAL	$524,300	80 ft
3748 BLAISDELL AVE MINNEAPOLIS MN 55409	CITY OF LAKES COMM LAND TRST	—	$388,500	80 ft
3728 BLAISDELL AVE MINNEAPOLIS MN 55409	J D ERICKSON & D J ERICKSON	RESIDENTIAL	$511,800	120 ft
108 38TH ST W MINNEAPOLIS MN 55409	BRETT N BERNDT	RESIDENTIAL	$325,700	137 ft
100 38TH ST W MINNEAPOLIS MN 55409	P S TABOR & P B L LEMM	RESIDENTIAL	$406,000	147 ft
114 38TH ST W MINNEAPOLIS MN 55409	KELVIN A HATLE	RESIDENTIAL	$248,200	149 ft
3724 BLAISDELL AVE MINNEAPOLIS MN 55409	S C BORDON & J K BORDON	RESIDENTIAL	$326,400	160 ft
116 38TH ST W MINNEAPOLIS MN 55409	JOHN LYNN & RICHARD WHITE	RESIDENTIAL	$437,200	166 ft

Property History

Most Recent Sale

Date200012

Price$182,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,437