3312 HUMBOLDT AVE S MINNEAPOLIS MN 55408

PID: 0402824240147

Property Overview

Parcel ID0402824240147

Lot Size2,053 sq ft (0.047 ac)

Lot Dimensions (est.)128 ft wide × 16 ft deep

Year Built1884

Property ClassRESIDENTIAL-ZERO LOT LINE

OwnerS ANDERSON & R ANDERSON

Assessed Value$163,900

Land Value$104,000

Building Value$59,900

Annual Tax$2,528

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 width2 ft

Buildable depth131 ft

Area~530 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 sfr / adu benchmarks for 530 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3314 HUMBOLDT AVE S MINNEAPOLIS MN 55408	SPENCER CASTRO	RESIDENTIAL-ZERO LOT LINE	$173,700	16 ft
3310 HUMBOLDT AVE S MINNEAPOLIS MN 55408	S E ANDERSON & R A ANDERSON	RESIDENTIAL-ZERO LOT LINE	$204,200	22 ft
3316 HUMBOLDT AVE S MINNEAPOLIS MN 55408	KEY FUNDING LLC	RESIDENTIAL-ZERO LOT LINE	$158,200	32 ft
3318 HUMBOLDT AVE S MINNEAPOLIS MN 55408	CHAD BUECHLER	RESIDENTIAL-ZERO LOT LINE	$161,400	48 ft
3306 HUMBOLDT AVE S MINNEAPOLIS MN 55408	FREDERICK EBINGER ET AL	APARTMENT	$653,000	59 ft
3320 HUMBOLDT AVE S MINNEAPOLIS MN 55408	CHAD BUECHLER	RESIDENTIAL-ZERO LOT LINE	$204,900	70 ft
3324 HUMBOLDT AVE S MINNEAPOLIS MN 55408	J E DAVIS & A K MICKA	RESIDENTIAL	$685,500	104 ft
1511 33RD ST W MINNEAPOLIS MN 55408	ROGER W KIPP	RESIDENTIAL	$602,800	108 ft
1507 33RD ST W MINNEAPOLIS MN 55408	DANA LEA KOZLAK	RESIDENTIAL	$287,200	116 ft
3300 HUMBOLDT AVE S MINNEAPOLIS MN 55408	C J SHUBERT & S SHUBERT	RESIDENTIAL	$424,000	123 ft

Property History

Most Recent Sale

Date201112

Price$67,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$2,528