3441 HUMBOLDT AVE S MINNEAPOLIS MN 55408

PID: 0402824310096

Property Overview

Parcel ID0402824310096

Lot Size5,393 sq ft (0.124 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerROBERTA S KELLER

Assessed Value$438,400

Land Value$271,000

Building Value$167,400

Annual Tax$6,662

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 2024 · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

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 depth88 ft

Area~2,829 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 2,829 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
3445 HUMBOLDT AVE S MINNEAPOLIS MN 55408	D M & K A RYAN	RESIDENTIAL	$708,700	42 ft
3435 HUMBOLDT AVE S MINNEAPOLIS MN 55408	I A SCHONWALD/S G SCHONWALD	RESIDENTIAL	$708,800	51 ft
3449 HUMBOLDT AVE S MINNEAPOLIS MN 55408	A GELLE & M NOVACINSKI	RESIDENTIAL	$570,900	84 ft
1470 35TH ST W MINNEAPOLIS MN 55408	JUDITH PAULINE MURPHY REV TR	RESIDENTIAL	$858,200	126 ft
3427 HUMBOLDT AVE S MINNEAPOLIS MN 55408	J L PATSCH & J M PATSCH	RESIDENTIAL-TWO UNIT	$871,300	135 ft
3442 HOLMES AVE S MINNEAPOLIS MN 55408	B BURGSTAHLER/L BURGSTAHLER	RESIDENTIAL	$543,000	140 ft
3444 HOLMES AVE S MINNEAPOLIS MN 55408	JAMES W PAUL/SANDRA M PAUL	RESIDENTIAL	$587,200	146 ft
3436 HOLMES AVE S MINNEAPOLIS MN 55408	K J WRIGHT & P M SCHMIT	RESIDENTIAL	$649,200	147 ft
1458 35TH ST W MINNEAPOLIS MN 55408	CAREN K DEWAR	RESIDENTIAL	$342,300	159 ft
3448 HOLMES AVE S MINNEAPOLIS MN 55408	E E MCGEEHAN & T L CUSTIS	RESIDENTIAL	$728,900	163 ft

Property History

Current Tax Year

Year2026

Tax Due$6,662