3711 PILLSBURY AVE MINNEAPOLIS MN 55409

PID: 0302824340146

Property Overview

Parcel ID0302824340146

Lot Size6,671 sq ft (0.153 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerT W & S M LACE

Assessed Value$507,900

Land Value$176,000

Building Value$331,900

Annual Tax$7,875

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

2 permits on record since 2017 · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

ExistresJan 2017Closed

Standard Heating and Air Conditioning 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
3715 PILLSBURY AVE MINNEAPOLIS MN 55409	JOANNE ZACHOW	RESIDENTIAL	$510,600	40 ft
3709 PILLSBURY AVE MINNEAPOLIS MN 55409	JASON & ELIZABETH VAN THIEL	RESIDENTIAL	$475,600	40 ft
3717 PILLSBURY AVE MINNEAPOLIS MN 55409	RAMONA L BARBEAU	RESIDENTIAL-TWO UNIT	$492,900	80 ft
3701 PILLSBURY AVE MINNEAPOLIS MN 55409	CRAIG RODINE/BARBARA MALONEY	RESIDENTIAL	$630,000	105 ft
119 37TH ST W MINNEAPOLIS MN 55409	D M AND J L NELSON-PAPCKE	RESIDENTIAL	$454,600	107 ft
3725 PILLSBURY AVE MINNEAPOLIS MN 55409	R STROBEL & J STROBEL	RESIDENTIAL	$453,100	120 ft
3729 PILLSBURY AVE MINNEAPOLIS MN 55409	ALICIA M SAWYER	RESIDENTIAL	$534,000	160 ft
113 37TH ST W MINNEAPOLIS MN 55409	ANGELA WAGNER & B GLAROS	RESIDENTIAL	$171,800	174 ft
3712 BLAISDELL AVE MINNEAPOLIS MN 55409	CAROL M KLIBER	RESIDENTIAL	$341,000	182 ft
3716 BLAISDELL AVE MINNEAPOLIS MN 55409	A DUDEK & D E ALVARADO	RESIDENTIAL	$396,100	186 ft

Property History

Most Recent Sale

Date199007

Price$88,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,875