3136 HOLMES AVE S MINNEAPOLIS MN 55408

PID: 0402824210159

Property Overview

Parcel ID0402824210159

Lot Size5,884 sq ft (0.135 ac)

Lot Dimensions (est.)129 ft wide × 46 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerN G MARKLIN/J M APPEL TR

Assessed Value$548,000

Land Value$238,000

Building Value$310,000

Annual Tax$8,619

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 width36 ft

Buildable depth88 ft

Area~3,166 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 3,166 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
3132 HOLMES AVE S MINNEAPOLIS MN 55408	JESTIN MILLER	RESIDENTIAL-TWO UNIT	$542,800	46 ft
3140 HOLMES AVE S MINNEAPOLIS MN 55408	J SHOBE & S S SHOBE	RESIDENTIAL	$688,100	46 ft
3128 HOLMES AVE S MINNEAPOLIS MN 55408	R E WHITE & E P CONCEPCION	RESIDENTIAL	$633,800	92 ft
3144 HOLMES AVE S MINNEAPOLIS MN 55408	NICHOLAS HAASCH	CONDOMINIUM	$359,000	92 ft
3144 HOLMES AVE S MINNEAPOLIS MN 55408	SAMUEL JUDD	CONDOMINIUM	$384,000	92 ft
MN	Unknown	—	—	92 ft
3148 HOLMES AVE S MINNEAPOLIS MN 55408	HECTOR A & NOEMI G FLORES	RESIDENTIAL	$643,500	137 ft
3124 HOLMES AVE S MINNEAPOLIS MN 55408	DAVID NOLAN & KAREN NOLAN	RESIDENTIAL-TWO UNIT	$479,400	138 ft
3137 HUMBOLDT AVE S MINNEAPOLIS MN 55408	R L SHAFFER/S BOULAAYOUNE	RESIDENTIAL	$708,900	140 ft
3133 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ECATERINA & KODY MCCOLLAM	RESIDENTIAL-TWO UNIT	$545,700	147 ft

Property History

Most Recent Sale

Date199104

Price$127,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,619