3420 IRVING AVE S MINNEAPOLIS MN 55408

PID: 0402824310007

Property Overview

Parcel ID0402824310007

Lot Size6,820 sq ft (0.157 ac)

Lot Dimensions (est.)155 ft wide × 44 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerB & M SABATKE

Assessed Value$656,500

Land Value$320,000

Building Value$336,500

Annual Tax$10,671

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 width34 ft

Buildable depth115 ft

Area~3,909 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 3,909 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3424 IRVING AVE S MINNEAPOLIS MN 55408	GREEK EASTERN ORTHODOX CH/MN	RESIDENTIAL	$535,100	44 ft
3416 IRVING AVE S MINNEAPOLIS MN 55408	TODD ANDREW BARRETT	RESIDENTIAL	$716,000	44 ft
3412 IRVING AVE S MINNEAPOLIS MN 55408	P MORRISON & E MORRISON	RESIDENTIAL	$1,056,900	97 ft
1618 CONIARIS WAY MINNEAPOLIS MN 55408	GREEK EASTERN ORTH CH MPLS	RESIDENTIAL	$0	132 ft
3408 IRVING AVE S MINNEAPOLIS MN 55408	LESLIE LEIK REV LV TR ET AL	RESIDENTIAL-TWO UNIT	$1,009,000	147 ft
3421 IRVING AVE S MINNEAPOLIS MN 55408	S J FIELD & S C HERZOG	RESIDENTIAL	$661,200	202 ft
3423 IRVING AVE S MINNEAPOLIS MN 55408	IRVING PHAMILE LLC	RESIDENTIAL-TWO UNIT	$699,100	208 ft
3417 IRVING AVE S MINNEAPOLIS MN 55408	GLEN A CHRISTIANSON ET AL	RESIDENTIAL	$668,600	208 ft
3400 IRVING AVE S MINNEAPOLIS MN 55408	ANA E NUNEZ & JILL FOSTER	RESIDENTIAL	$1,285,600	211 ft
3413 IRVING AVE S MINNEAPOLIS MN 55408	HRH HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$713,000	223 ft

Property History

Most Recent Sale

Date198305

Price$133,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,671