101 37TH ST E MINNEAPOLIS MN 55409

PID: 0302824430129

Property Overview

Parcel ID0302824430129

Lot Size3,610 sq ft (0.083 ac)

Lot Dimensions (est.)48 ft wide × 76 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerWENDY S KUENSTER

Assessed Value$230,400

Land Value$98,000

Building Value$132,400

Annual Tax$3,204

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 ↗

Cultural District — 38th StreetHigh

Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

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 width35 ft

Buildable depth36 ft

Area~1,243 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 1,243 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
105 37TH ST E MINNEAPOLIS MN 55409	WENDY SUSETT VALVERDE GUZMAN	RESIDENTIAL	$209,200	45 ft
3707 1ST AVE S MINNEAPOLIS MN 55409	ELIZABETH SCOTT HEYING	RESIDENTIAL	$296,600	70 ft
111 37TH ST E MINNEAPOLIS MN 55409	THOMAS J PATRICK MCDERMOTT	RESIDENTIAL	$296,600	87 ft
3711 1ST AVE S MINNEAPOLIS MN 55409	JOHN GREILING/KYLIE GREILING	RESIDENTIAL	$265,000	104 ft
3643 1ST AVE S MINNEAPOLIS MN 55409	MICHAEL TROST	RESIDENTIAL	$232,600	135 ft
3715 1ST AVE S MINNEAPOLIS MN 55409	JSW PROPERTIES LLC	RESIDENTIAL	$472,000	139 ft
108 37TH ST E MINNEAPOLIS MN 55409	BERCH CAPITAL LLC	RESIDENTIAL	$250,500	142 ft
3700 1ST AVE S MINNEAPOLIS MN 55409	MSB NORTH LLC	RESIDENTIAL-TWO UNIT	$373,900	148 ft
3702 1ST AVE S MINNEAPOLIS MN 55409	MATTHEW JONES & SARAH SMITH	RESIDENTIAL	$303,000	148 ft
3706 1ST AVE S MINNEAPOLIS MN 55409	DONALD SCURLOCK	RESIDENTIAL	$275,100	157 ft

Property History

Most Recent Sale

Date199906

Price$70,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,204