3149 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408

PID: 0402824230001

Property Overview

Parcel ID0402824230001

Lot Size3,705 sq ft (0.085 ac)

Lot Dimensions (est.)90 ft wide × 41 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerB A GRIMM/K L HOFFMAN JR TRU

Assessed Value$666,300

Land Value$347,000

Building Value$319,300

Annual Tax$10,857

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2003 · $211K total declared value · Most recent: Jun 2022 (misc)

MiscJun 2022Closed

$11K

NORTHRUP REMODELING

Building Re-inspectionApr 2003

$200K

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

Neighborhood Profile

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 width77 ft

Buildable depth1 ft

Area~1,311 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 1,311 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3145 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408	RAVI BAPNA/SOFIA BAPNA LV TR	RESIDENTIAL	$1,061,600	46 ft
1708 32ND ST W MINNEAPOLIS MN 55408	J M WICZLING ET AL	RESIDENTIAL-TWO UNIT	$833,400	93 ft
3141 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408	J N SAMUELSON/M L SAMUELSON	RESIDENTIAL	$841,500	93 ft
3139 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408	M A BIERMA & M J LACHER	RESIDENTIAL	$883,600	139 ft
3140 JAMES AVE S MINNEAPOLIS MN 55408	D & B HEFFERNAN	RESIDENTIAL	$890,500	148 ft
1700 32ND ST W MINNEAPOLIS MN 55408	JON ENGLISH WICZLING	RESIDENTIAL	$530,800	156 ft
3201 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408	M P CONNELLY & J E CONNELLY	RESIDENTIAL	$1,102,900	164 ft
3136 JAMES AVE S MINNEAPOLIS MN 55408	ROBERT T KEAN LIVING TRUST	RESIDENTIAL	$699,600	180 ft
3133 E BDE MAKA SKA PKWY MINNEAPOLIS MN 55408	MICHAEL D KELLER REVOC TRUST	RESIDENTIAL	$871,900	186 ft
3132 JAMES AVE S MINNEAPOLIS MN 55408	3132 JAMES AVE LLC	RESIDENTIAL-TWO UNIT	$747,700	217 ft

Property History

Most Recent Sale

Date199103

Price$170,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,857