3614 STEVENS AVE MINNEAPOLIS MN 55409

PID: 0302824430040

Property Overview

Parcel ID0302824430040

Lot Size6,550 sq ft (0.150 ac)

Lot Dimensions (est.)131 ft wide × 50 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerLEAH M HONSKY

Assessed Value$292,100

Land Value$104,000

Building Value$188,100

Annual Tax$4,522

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

3 permits on record since 2005 · $142K total declared value · Most recent: Apr 2019 (accessory)

AccessoryApr 2019Closed

$6K

BRUCE BRUNNER CONSTRUCTION LLC

MiscAug 2018Closed

$6K

PINNACLE RENOVATIONS LLC

Building Re-inspectionFeb 2005

$130K

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 width40 ft

Buildable depth91 ft

Area~3,639 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 3,639 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
3612 STEVENS AVE MINNEAPOLIS MN 55409	LAURA HAMILTON	RESIDENTIAL	$266,100	38 ft
3618 STEVENS AVE MINNEAPOLIS MN 55409	TRUDI POQUETTE	RESIDENTIAL	$219,000	38 ft
3608 STEVENS AVE MINNEAPOLIS MN 55409	SANDRA J MYERS	RESIDENTIAL-TWO UNIT	$348,900	75 ft
3622 STEVENS AVE MINNEAPOLIS MN 55409	BUENGER HOME LLC	RESIDENTIAL	$463,300	81 ft
3604 STEVENS AVE MINNEAPOLIS MN 55409	CARA Y CHANG/YONGKUN LIN	RESIDENTIAL-TWO UNIT	$306,300	125 ft
3624 STEVENS AVE MINNEAPOLIS MN 55409	DEVON LAMB & JESSICA LAMB	RESIDENTIAL	$560,000	131 ft
3615 1ST AVE S MINNEAPOLIS MN 55409	STEVEN J PREUS	RESIDENTIAL-TWO UNIT	$401,400	143 ft
3613 1ST AVE S MINNEAPOLIS MN 55409	STEVEN J PREUS	RESIDENTIAL-TWO UNIT	$286,700	147 ft
3619 1ST AVE S MINNEAPOLIS MN 55409	S N MILLER & K E MILLER	RESIDENTIAL	$329,100	148 ft
3621 1ST AVE S MINNEAPOLIS MN 55409	PETER K MCKOWN	RESIDENTIAL	$186,900	156 ft

Property History

Most Recent Sale

Date202104

Price$268,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,522