3644 1ST AVE S MINNEAPOLIS MN 55409

PID: 0302824430083

Property Overview

Parcel ID0302824430083

Lot Size3,905 sq ft (0.090 ac)

Lot Dimensions (est.)85 ft wide × 46 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerR G BERGER/C L FURNAS JT TR

Assessed Value$268,300

Land Value$102,000

Building Value$166,300

Annual Tax$3,839

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

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

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 width72 ft

Buildable depth6 ft

Area~1,485 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 1,485 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3640 1ST AVE S MINNEAPOLIS MN 55409	CARLOS RAFAEL PINOS	RESIDENTIAL	$257,700	47 ft
14 37TH ST E MINNEAPOLIS MN 55409	TJ WESTERN & K K MARKS TRUST	RESIDENTIAL	$178,500	63 ft
3636 1ST AVE S MINNEAPOLIS MN 55409	MARCO VINICIO SUMBA MONTERO	RESIDENTIAL	$413,500	90 ft
3700 1ST AVE S MINNEAPOLIS MN 55409	MSB NORTH LLC	RESIDENTIAL-TWO UNIT	$373,900	110 ft
12 37TH ST E MINNEAPOLIS MN 55409	JASON W NITSCHE	RESIDENTIAL	$183,900	112 ft
3643 1ST AVE S MINNEAPOLIS MN 55409	MICHAEL TROST	RESIDENTIAL	$232,600	127 ft
3632 1ST AVE S MINNEAPOLIS MN 55409	A SUNDER & J GLAWE	RESIDENTIAL	$396,900	139 ft
3702 1ST AVE S MINNEAPOLIS MN 55409	MATTHEW JONES & SARAH SMITH	RESIDENTIAL	$303,000	147 ft
6 37TH ST E MINNEAPOLIS MN 55409	J E NITSCHE/S E NITSCHE TR	VACANT LAND-RESIDENTIAL	$67,000	155 ft
108 37TH ST E MINNEAPOLIS MN 55409	BERCH CAPITAL LLC	RESIDENTIAL	$250,500	172 ft

Property History

Most Recent Sale

Date200303

Price$192,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,839