3300 HOLMES AVE S MINNEAPOLIS MN 55408

PID: 0402824240129

Property Overview

Parcel ID0402824240129

Lot Size4,114 sq ft (0.094 ac)

Lot Dimensions (est.)128 ft wide × 32 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerSHIR ALON/ALEXANDER JABBARI

Assessed Value$591,600

Land Value$214,000

Building Value$377,600

Annual Tax$9,444

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

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 width115 ft

Buildable depth0 ft

Area~1,683 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,683 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3302 HOLMES AVE S MINNEAPOLIS MN 55408	BOSON AND COMPANY LLC	RESIDENTIAL-TWO UNIT	$676,400	36 ft
3306 HOLMES AVE S MINNEAPOLIS MN 55408	RYAN PRICE & EMILY KOECK	RESIDENTIAL	$703,900	76 ft
3252 HOLMES AVE S MINNEAPOLIS MN 55408	NAME UNAVAILABLE	RESIDENTIAL	$547,000	101 ft
1458 33RD ST W MINNEAPOLIS MN 55408	MSP MANAGEMENT LLC	RESIDENTIAL	$418,700	105 ft
3310 HOLMES AVE S MINNEAPOLIS MN 55408	T COZORT & J PASEK-ALLEN	RESIDENTIAL	$561,100	116 ft
3248 HOLMES AVE S MINNEAPOLIS MN 55408	D LE BAIL & F LE BAIL	RESIDENTIAL	$497,700	140 ft
1465 33RD ST W MINNEAPOLIS MN 55408	CALHOUN-FULLER INV PARTNERS	APARTMENT	$3,453,000	142 ft
3314 HOLMES AVE S MINNEAPOLIS MN 55408	J & M LIGON	RESIDENTIAL-TWO UNIT	$546,300	156 ft
3307 HUMBOLDT AVE S MINNEAPOLIS MN 55408	MICHAEL HOLCOMB	RESIDENTIAL-TWO UNIT	$557,100	160 ft
3253 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ANDREA HEIN & DAVID HEIN	RESIDENTIAL	$504,400	170 ft

Property History

Most Recent Sale

Date202204

Price$715,786

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,444