3443 1ST AVE S MINNEAPOLIS MN 55408

PID: 0302824420207

Property Overview

Parcel ID0302824420207

Lot Size10,362 sq ft (0.238 ac)

Lot Dimensions (est.)129 ft wide × 80 ft deep

Year Built2006

Property ClassCONDOMINIUM

OwnerNATHAN VOSS

Assessed Value$295,000

Land Value$32,000

Building Value$263,000

Annual Tax$4,286

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width70 ft

Buildable depth90 ft

Area~6,263 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 6,263 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3441 1ST AVE S MINNEAPOLIS MN 55408	OLGA TYMOUCH	CONDOMINIUM	$314,000	0 ft
3445 1ST AVE S MINNEAPOLIS MN 55408	NANCY YOUNAN/ANDREW BESHARA	CONDOMINIUM	$301,000	0 ft
3447 1ST AVE S MINNEAPOLIS MN 55408	KAN LI	CONDOMINIUM	$308,000	0 ft
MN	Unknown	—	—	0 ft
3439 1ST AVE S MINNEAPOLIS MN 55408	BRANNON IMAMURA	RESIDENTIAL	$276,300	60 ft
3449 1ST AVE S MINNEAPOLIS MN 55408	MATEUSZ TROICKI & M TROICKI	RESIDENTIAL-TWO UNIT	$313,900	62 ft
3435 1ST AVE S MINNEAPOLIS MN 55408	SHAUN BABCOCK	RESIDENTIAL-TWO UNIT	$369,300	101 ft
118 35TH ST E MINNEAPOLIS MN 55408	ABDON MESIAS RIVERA RIVERA	RESIDENTIAL	$339,200	109 ft
3431 1ST AVE S MINNEAPOLIS MN 55408	DANIELLE J CLASEMAN	RESIDENTIAL	$322,000	143 ft
3444 STEVENS AVE MINNEAPOLIS MN 55408	VICTOR ARIZA AND	RESIDENTIAL	$273,000	145 ft

Property History

Most Recent Sale

Date202006

Price$308,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,286