3339 HUMBOLDT AVE S MINNEAPOLIS MN 55408

PID: 0402824240171

Property Overview

Parcel ID0402824240171

Lot Size5,140 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerKAROLINE LEWIS ET AL

Assessed Value$577,600

Land Value$263,000

Building Value$314,600

Annual Tax$9,179

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

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 width30 ft

Buildable depth89 ft

Area~2,655 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 2,655 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3343 HUMBOLDT AVE S MINNEAPOLIS MN 55408	T L THOMPSON & J IM	RESIDENTIAL	$566,300	40 ft
3335 HUMBOLDT AVE S MINNEAPOLIS MN 55408	N C BIRCH & J L EIESLAND	RESIDENTIAL	$543,600	40 ft
3331 HUMBOLDT AVE S MINNEAPOLIS MN 55408	THOMAS P MUSCALA	RESIDENTIAL-TWO UNIT	$614,700	80 ft
3349 HUMBOLDT AVE S MINNEAPOLIS MN 55408	G R AYLWARD & E AYLWARD	RESIDENTIAL-TWO UNIT	$574,500	82 ft
1460 34TH ST W MINNEAPOLIS MN 55408	MADELEINE CONWAY	RESIDENTIAL	$400,600	91 ft
3327 HUMBOLDT AVE S MINNEAPOLIS MN 55408	TONYA L BRYAN	CONDOMINIUM	$411,000	120 ft
3327 HUMBOLDT AVE S MINNEAPOLIS MN 55408	G VON ARX & J VON ARX	CONDOMINIUM	$416,000	120 ft
MN	Unknown	—	—	120 ft
3338 HOLMES AVE S MINNEAPOLIS MN 55408	C GERST & M SIEFMAN	RESIDENTIAL	$692,400	140 ft
3334 HOLMES AVE S MINNEAPOLIS MN 55408	L R DONNELLY & PAUL DONNELLY	RESIDENTIAL	$784,100	146 ft

Property History

Most Recent Sale

Date202506

Price$800,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,179