3437 HOLMES AVE S MINNEAPOLIS MN 55408

PID: 0402824310028

Property Overview

Parcel ID0402824310028

Lot Size5,671 sq ft (0.130 ac)

Lot Dimensions (est.)126 ft wide × 45 ft deep

Year Built1928

Property ClassRESIDENTIAL-TWO UNIT

OwnerCUYAHOGA LLC

Assessed Value$664,700

Land Value$261,000

Building Value$403,700

Annual Tax$12,574

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

7 permits on record since 2020 · $119K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

CenterPoint Energy Resource Corp

ResJan 2024Closed

CenterPoint Energy Resource Corp

ExistresOct 2021Closed

TEAM MECHANICAL INC

ResAug 2021Closed

Norblom Plumbing Co

ResAug 2021Closed

Steinkraus Plumbing Inc

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

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$345K-0.6% YoY

Median price / sqft$218/sqft

Median days to close44 days

Active listings97

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 width35 ft

Buildable depth86 ft

Area~3,010 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 3,010 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3443 HOLMES AVE S MINNEAPOLIS MN 55408	ROBYN O'CONNOR COOK	RESIDENTIAL-TWO UNIT	$674,700	45 ft
3435 HOLMES AVE S MINNEAPOLIS MN 55408	THAO TRAN & PETER MUELLER	RESIDENTIAL-TWO UNIT	$644,500	53 ft
3445 HOLMES AVE S MINNEAPOLIS MN 55408	STEVEN NADEL	RESIDENTIAL-TWO UNIT	$722,900	92 ft
3429 HOLMES AVE S MINNEAPOLIS MN 55408	JENNIFER CATHERINE DJUPEDAL	RESIDENTIAL	$604,500	115 ft
3449 HOLMES AVE S MINNEAPOLIS MN 55408	LIU HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$767,400	136 ft
3436 HENNEPIN AVE MINNEAPOLIS MN 55408	G KLECKNER TR/J KLECKNER TR	RESIDENTIAL-TWO UNIT	$508,000	140 ft
3440 HENNEPIN AVE MINNEAPOLIS MN 55408	RHT LAKE CALHOUN LLC	RESIDENTIAL-TWO UNIT	$556,300	145 ft
3432 HENNEPIN AVE MINNEAPOLIS MN 55408	HENNEPIN LLC	RESIDENTIAL-TWO UNIT	$559,300	151 ft
3444 HENNEPIN AVE MINNEAPOLIS MN 55408	ANNETTE J DESLAURIERS TRUST	RESIDENTIAL-TWO UNIT	$684,500	163 ft
3425 HOLMES AVE S MINNEAPOLIS MN 55408	C B BRINKEMA & M HAMPTON	RESIDENTIAL	$485,700	170 ft

Property History

Current Tax Year

Year2026

Tax Due$12,574