3145 IRVING AVE S MINNEAPOLIS MN 55408

PID: 0402824210153

Property Overview

Parcel ID0402824210153

Lot Size7,862 sq ft (0.180 ac)

Lot Dimensions (est.)129 ft wide × 61 ft deep

Year Built1902

Property ClassRESIDENTIAL

OwnerC J & E M GIBSON

Assessed Value$605,600

Land Value$318,000

Building Value$287,600

Annual Tax$9,708

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

East Bde Maka Ska · Minneapolis

Median reported rent1,601/mo

Renter-occupied66.9%

Median home value$643K

Vacancy rate7.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1080

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width51 ft

Buildable depth89 ft

Area~4,528 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 4,528 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3149 IRVING AVE S MINNEAPOLIS MN 55408	M K PIGNATO & K K ABEL	RESIDENTIAL	$762,600	53 ft
3139 IRVING AVE S MINNEAPOLIS MN 55408	LELAND F TODD & LINDA K TODD	RESIDENTIAL	$725,200	61 ft
1510 32ND ST W MINNEAPOLIS MN 55408	FELICITY BRITTON PRPS 1510	RESIDENTIAL	$347,900	107 ft
3133 IRVING AVE S MINNEAPOLIS MN 55408	JAMES K ARNOLD	RESIDENTIAL-TWO UNIT	$686,700	122 ft
3144 HUMBOLDT AVE S MINNEAPOLIS MN 55408	BRADLEY L ALBERTSON	RESIDENTIAL	$514,800	140 ft
3140 HUMBOLDT AVE S MINNEAPOLIS MN 55408	REBECCA LEE JOHNSON	RESIDENTIAL	$697,200	145 ft
3136 HUMBOLDT AVE S MINNEAPOLIS MN 55408	KARA M PAYMAR TRUST	RESIDENTIAL-TWO UNIT	$717,200	164 ft
3148 HUMBOLDT AVE S MINNEAPOLIS MN 55408	M E & E N CAMERON	RESIDENTIAL	$804,000	166 ft
3129 IRVING AVE S MINNEAPOLIS MN 55408	A D BEZDICEK & L C NAKAMURA	RESIDENTIAL	$610,600	175 ft
3201 IRVING AVE S MINNEAPOLIS MN 55408	E S SUMNER & S M ELDRED	RESIDENTIAL	$855,500	176 ft

Property History

Most Recent Sale

Date199702

Price$84,000

Type—

Current Tax Year

Year2026

Tax Due$9,708