1720 31ST ST W MINNEAPOLIS MN 55408

PID: 0402824220043

Property Overview

Parcel ID0402824220043

Lot Size4,298 sq ft (0.099 ac)

Lot Dimensions (est.)44 ft wide × 97 ft deep

Year Built1909

Property ClassRESIDENTIAL-TWO UNIT

OwnerSAM PIETRINI

Assessed Value$582,000

Land Value$228,000

Building Value$354,000

Annual Tax$9,262

Environmental Constraints

FloodplainUnknown

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2012 · $50K total declared value · Most recent: Mar 2019 (res)

ResMar 2019Closed

MN Plumbing & Home Services INC

ExistresJan 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

Building Re-inspectionSep 2012

$50K

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

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 width31 ft

Buildable depth57 ft

Area~1,794 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 1,794 sqft buildable area.

Est. units

Yield on cost

2.6%

Spread

-2.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1716 31ST ST W MINNEAPOLIS MN 55408	DMM LLC	TRIPLEX	$741,000	43 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	JC LLC	CONDOMINIUM	$305,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	RICHARD J HELLGREN TRUST	CONDOMINIUM	$292,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	JOHN HUNT	CONDOMINIUM	$308,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	MICHAEL BRANDT	CONDOMINIUM	$295,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	HENRY CULL & KATE VALIND	CONDOMINIUM	$520,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	MICHAEL BRANDT	CONDO GARAGE/MISCELLANEOUS	$16,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	JOHN HUNT	CONDO GARAGE/MISCELLANEOUS	$16,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	JC LLC	CONDO GARAGE/MISCELLANEOUS	$16,000	84 ft
3037 KNOX AVE S MINNEAPOLIS MN 55408	HENRY CULL & KATE VALIND	CONDO GARAGE/MISCELLANEOUS	$16,000	84 ft

Property History

Most Recent Sale

Date202407

Price$677,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,262