110 37TH ST E MINNEAPOLIS MN 55409

PID: 0302824430053

Property Overview

Parcel ID0302824430053

Lot Size2,549 sq ft (0.059 ac)

Lot Dimensions (est.)42 ft wide × 61 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerARYN LIPNICKI

Assessed Value$296,300

Land Value$80,000

Building Value$216,300

Annual Tax$4,307

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 2025 · Most recent: Jun 2025 (res)

ResJun 2025Closed

CenterPoint Energy Resource Corp

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 width32 ft

Buildable depth21 ft

Area~664 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 sfr / adu benchmarks for 664 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
108 37TH ST E MINNEAPOLIS MN 55409	BERCH CAPITAL LLC	RESIDENTIAL	$250,500	41 ft
112 37TH ST E MINNEAPOLIS MN 55409	JEANETTE R MATTER	RESIDENTIAL	$249,200	59 ft
3639 1ST AVE S MINNEAPOLIS MN 55409	WEST EDGE INVESTMENTS LLC	TRIPLEX	$314,700	71 ft
3643 1ST AVE S MINNEAPOLIS MN 55409	MICHAEL TROST	RESIDENTIAL	$232,600	86 ft
3638 STEVENS AVE MINNEAPOLIS MN 55409	JONATHAN AUSTIN BURD	RESIDENTIAL	$297,100	117 ft
3635 1ST AVE S MINNEAPOLIS MN 55409	JENNY INVESTMENTS LLC	LOW INCOME RENTAL	$534,000	120 ft
3644 STEVENS AVE MINNEAPOLIS MN 55409	SURELY BETTER LLC	RESIDENTIAL	$251,800	124 ft
3640 STEVENS AVE MINNEAPOLIS MN 55409	DEBORAH R ROESLER	RESIDENTIAL	$172,400	127 ft
111 37TH ST E MINNEAPOLIS MN 55409	THOMAS J PATRICK MCDERMOTT	RESIDENTIAL	$296,600	134 ft
3636 STEVENS AVE MINNEAPOLIS MN 55409	THIEN NGUYEN	RESIDENTIAL	$179,000	140 ft

Property History

Most Recent Sale

Date202209

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,307