3717 1ST AVE S MINNEAPOLIS MN 55409

PID: 0302824430202

Property Overview

Parcel ID0302824430202

Lot Size5,000 sq ft (0.115 ac)

Lot Dimensions (est.)131 ft wide × 38 ft deep

Year Built1922

Property ClassRESIDENTIAL-TWO UNIT

OwnerHALLIE HUGHES/TAYLOR KUECHLE

Assessed Value$419,300

Land Value$117,000

Building Value$302,300

Annual Tax$6,367

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width28 ft

Buildable depth92 ft

Area~2,564 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 2,564 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
3719 1ST AVE S MINNEAPOLIS MN 55409	CHRISTINA GIBBON PENA	RESIDENTIAL	$329,000	38 ft
3715 1ST AVE S MINNEAPOLIS MN 55409	JSW PROPERTIES LLC	RESIDENTIAL	$472,000	38 ft
3723 1ST AVE S MINNEAPOLIS MN 55409	KAIA RUTH KNUTSON	RESIDENTIAL	$311,500	76 ft
3711 1ST AVE S MINNEAPOLIS MN 55409	JOHN GREILING/KYLIE GREILING	RESIDENTIAL	$265,000	76 ft
3725 1ST AVE S MINNEAPOLIS MN 55409	G & M NELSON	RESIDENTIAL	$263,700	114 ft
3707 1ST AVE S MINNEAPOLIS MN 55409	ELIZABETH SCOTT HEYING	RESIDENTIAL	$296,600	114 ft
3712 STEVENS AVE MINNEAPOLIS MN 55409	NILS HAUKE NOTTHOFF	TRIPLEX	$414,100	144 ft
3718 STEVENS AVE MINNEAPOLIS MN 55409	P A ANDERSON/L ANDERSON ETAL	RESIDENTIAL	$326,400	148 ft
3729 1ST AVE S MINNEAPOLIS MN 55409	JASON HAIRE	RESIDENTIAL	$339,000	152 ft
3708 STEVENS AVE MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	162 ft

Property History

Most Recent Sale

Date202407

Price$459,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,367