122 35TH ST E MINNEAPOLIS MN 55408

PID: 0302824420160

Property Overview

Parcel ID0302824420160

Lot Size3,699 sq ft (0.085 ac)

Lot Dimensions (est.)43 ft wide × 86 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerAISHA SARAH GOMEZ

Assessed Value$239,000

Land Value$61,000

Building Value$178,000

Annual Tax$4,959

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

1 permit on record since 2019 · Most recent: Mar 2019 (res)

ResMar 2019Closed

CHAMPION PLUMBING LLC

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$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth46 ft

Area~1,381 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 1,381 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
120 35TH ST E MINNEAPOLIS MN 55408	CITY OF LAKES COMMUN LAND TR	RESIDENTIAL	$192,900	43 ft
3444 STEVENS AVE MINNEAPOLIS MN 55408	VICTOR ARIZA AND	RESIDENTIAL	$273,000	77 ft
118 35TH ST E MINNEAPOLIS MN 55408	ABDON MESIAS RIVERA RIVERA	RESIDENTIAL	$339,200	86 ft
3440 STEVENS AVE MINNEAPOLIS MN 55408	STEADY PROPERTIES LLC	RESIDENTIAL	$323,400	113 ft
3500 STEVENS AVE MINNEAPOLIS MN 55408	KEVIN A ZENT	RESIDENTIAL-TWO UNIT	$373,100	129 ft
3436 STEVENS AVE MINNEAPOLIS MN 55408	JOHN THRONTON	TRIPLEX	$571,400	151 ft
115 35TH ST E MINNEAPOLIS MN 55408	ROBERTO ONOFRE ESPINOZA	RESIDENTIAL	$219,700	154 ft
3504 STEVENS AVE MINNEAPOLIS MN 55408	JAGNARINE SINGH & S SINGH	RESIDENTIAL	$356,000	177 ft
3449 1ST AVE S MINNEAPOLIS MN 55408	MATEUSZ TROICKI & M TROICKI	RESIDENTIAL-TWO UNIT	$313,900	187 ft
3430 STEVENS AVE MINNEAPOLIS MN 55408	STAR MANAGEMENT LLC	TRIPLEX	$522,700	190 ft

Property History

Most Recent Sale

Date202110

Price$249,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,959