3512 STEVENS AVE MINNEAPOLIS MN 55408

PID: 0302824420142

Property Overview

Parcel ID0302824420142

Lot Size5,485 sq ft (0.126 ac)

Lot Dimensions (est.)130 ft wide × 42 ft deep

Year Built1917

Property ClassRESIDENTIAL-TWO UNIT

OwnerS L GOETSCH/J L GOETSCH ETAL

Assessed Value$402,200

Land Value$76,000

Building Value$326,200

Annual Tax$6,080

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 · $16K total declared value · Most recent: Oct 2025 (existres)

ExistresOct 2025Closed

Binder Heating and Air Conditioning Inc

MiscNov 2017Closed

$16K

AUSTAD CONSTRUCTION INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Lyndale · 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 55408

Median sale price$345K-0.6% YoY

Median price / sqft$218/sqft

Median days to close44 days

Active listings97

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width32 ft

Buildable depth91 ft

Area~2,899 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 2,899 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3508 STEVENS AVE MINNEAPOLIS MN 55408	SAHIL BANERJEE	RESIDENTIAL	$459,000	42 ft
3516 STEVENS AVE MINNEAPOLIS MN 55408	ERIC P SANDERSON	RESIDENTIAL	$354,500	42 ft
3504 STEVENS AVE MINNEAPOLIS MN 55408	JAGNARINE SINGH & S SINGH	RESIDENTIAL	$356,000	84 ft
3520 STEVENS AVE MINNEAPOLIS MN 55408	C HALL & M HALL	RESIDENTIAL	$285,900	84 ft
3524 STEVENS AVE MINNEAPOLIS MN 55408	JUAN MANUEL MOZO CUATE	RESIDENTIAL	$248,600	126 ft
3500 STEVENS AVE MINNEAPOLIS MN 55408	KEVIN A ZENT	RESIDENTIAL-TWO UNIT	$373,100	131 ft
115 35TH ST E MINNEAPOLIS MN 55408	ROBERTO ONOFRE ESPINOZA	RESIDENTIAL	$219,700	135 ft
3515 1ST AVE S MINNEAPOLIS MN 55408	J AND D APARTMENTS LLC	RESIDENTIAL-TWO UNIT	$392,400	142 ft
3509 1ST AVE S MINNEAPOLIS MN 55408	K E LIDLE & C MATTHIAS	RESIDENTIAL	$377,000	148 ft
3517 1ST AVE S MINNEAPOLIS MN 55408	PETER PATTERSON MORRISSEY	RESIDENTIAL-TWO UNIT	$542,100	148 ft

Property History

Most Recent Sale

Date198402

Price$46,243

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,080