3423 IRVING AVE S MINNEAPOLIS MN 55408

PID: 0402824310071

Property Overview

Parcel ID0402824310071

Lot Size5,706 sq ft (0.131 ac)

Lot Dimensions (est.)140 ft wide × 41 ft deep

Year Built1964

Property ClassRESIDENTIAL-TWO UNIT

OwnerIRVING PHAMILE LLC

Assessed Value$699,100

Land Value$297,000

Building Value$402,100

Annual Tax$13,225

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

1 permit on record since 2021 · $2K total declared value · Most recent: Aug 2021 (remodel)

RemodelAug 2021Closed

$2K

QUAN PHAM

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$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 width32 ft

Buildable depth96 ft

Area~3,021 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 3,021 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3421 IRVING AVE S MINNEAPOLIS MN 55408	S J FIELD & S C HERZOG	RESIDENTIAL	$661,200	43 ft
3427 IRVING AVE S MINNEAPOLIS MN 55408	M SMITH & P TADJMAN AKHAVAN	RESIDENTIAL	$961,600	73 ft
3417 IRVING AVE S MINNEAPOLIS MN 55408	GLEN A CHRISTIANSON ET AL	RESIDENTIAL	$668,600	85 ft
3413 IRVING AVE S MINNEAPOLIS MN 55408	HRH HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$713,000	127 ft
3424 HUMBOLDT AVE S MINNEAPOLIS MN 55408	A HOFFMAN & B HOFFMAN	RESIDENTIAL	$900,000	138 ft
3420 HUMBOLDT AVE S MINNEAPOLIS MN 55408	LS UNITED PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$694,300	144 ft
3441 IRVING AVE S MINNEAPOLIS MN 55408	SAMANTHA J STRONG TR ET AL	RESIDENTIAL	$567,500	157 ft
3416 HUMBOLDT AVE S MINNEAPOLIS MN 55408	KENMORE LLC	TRIPLEX	$952,100	162 ft
3430 HUMBOLDT AVE S MINNEAPOLIS MN 55408	J MARCOTTY & A BROWN	RESIDENTIAL	$737,700	163 ft
3409 IRVING AVE S MINNEAPOLIS MN 55408	C J HUNDER & J H HUNDER	RESIDENTIAL	$553,400	169 ft

Property History

Most Recent Sale

Date202103

Price$640,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$13,225