3120 HUMBOLDT AVE S MINNEAPOLIS MN 55408

PID: 0402824210183

Property Overview

Parcel ID0402824210183

Lot Size5,883 sq ft (0.135 ac)

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

Year Built1913

Property ClassCONDOMINIUM

OwnerMICHAEL H ROBINS

Assessed Value$268,000

Land Value$71,000

Building Value$197,000

Annual Tax$3,820

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

2 permits on record since 2022 · $9K total declared value · Most recent: Jun 2022 (roofwind)

RoofwindJun 2022Closed

$9K

RENEWAL BY ANDERSEN CORP

ComnofdbvMar 2022Closed

Warners Stellian Co Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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~3,165 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 3,165 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3120 HUMBOLDT AVE S MINNEAPOLIS MN 55408	MELISSA A BRANDL	CONDOMINIUM	$272,000	0 ft
3120 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ELIZABETH STUURMANS	CONDOMINIUM	$265,000	0 ft
3120 HUMBOLDT AVE S MINNEAPOLIS MN 55408	NATHAN E CARTER	CONDOMINIUM	$279,000	0 ft
MN	Unknown	—	—	0 ft
3116 HUMBOLDT AVE S MINNEAPOLIS MN 55408	HOAGLAND FAMILY LLC	RESIDENTIAL-TWO UNIT	$683,600	46 ft
3124 HUMBOLDT AVE S MINNEAPOLIS MN 55408	WILLIAM D SUMMERVILLE	RESIDENTIAL	$495,800	46 ft
3112 HUMBOLDT AVE S MINNEAPOLIS MN 55408	R S GOLDMAN 2024 CH RE UNITR	APARTMENT	$637,000	92 ft
3128 HUMBOLDT AVE S MINNEAPOLIS MN 55408	DORIAN SKY DOUGLAS	RESIDENTIAL	$822,700	92 ft
3108 HUMBOLDT AVE S MINNEAPOLIS MN 55408	A A CLEBERG & J B CLEBERG	RESIDENTIAL-TWO UNIT	$579,500	137 ft
3132 HUMBOLDT AVE S MINNEAPOLIS MN 55408	KORHAN YESIL	RESIDENTIAL-TWO UNIT	$588,300	138 ft

Property History

Most Recent Sale

Date199202

Price$85,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,820