3506 HOLMES AVE S MINNEAPOLIS MN 55408

PID: 0402824310101

Property Overview

Parcel ID0402824310101

Lot Size7,200 sq ft (0.165 ac)

Lot Dimensions (est.)129 ft wide × 56 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerBECKY WAEGE/SCOTT ZASTOUPIL

Assessed Value$646,900

Land Value$288,000

Building Value$358,900

Annual Tax$10,530

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $8K total declared value · Most recent: May 2025 (existres)

ExistresMay 2025Closed

VisionAiry Heating & Cooling Inc

RemodelNov 2023Closed

$8K

DBS RESIDENTIAL SOLUTIONS INC

ExistresAug 2018Closed

Advanced Radon Services LLC

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 width46 ft

Buildable depth89 ft

Area~4,072 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 4,072 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3512 HOLMES AVE S MINNEAPOLIS MN 55408	T A H MCNARON TRUSTEE	RESIDENTIAL	$578,100	56 ft
3500 HOLMES AVE S MINNEAPOLIS MN 55408	P E OXMAN/H H ZUCKMAN TRUSTS	RESIDENTIAL-TWO UNIT	$899,400	57 ft
3516 HOLMES AVE S MINNEAPOLIS MN 55408	LAMERE LIVING TRUST	RESIDENTIAL	$651,800	105 ft
3509 HUMBOLDT AVE S MINNEAPOLIS MN 55408	HELEN ANTHONY	RESIDENTIAL	$531,400	142 ft
3505 HUMBOLDT AVE S MINNEAPOLIS MN 55408	JOHN A KAFKAS ETAL	RESIDENTIAL-TWO UNIT	$684,100	142 ft
3520 HOLMES AVE S MINNEAPOLIS MN 55408	CONNOR M O'MEARA REV TRUST	TRIPLEX	$560,300	147 ft
1445 35TH ST W MINNEAPOLIS MN 55408	ANNE M BRANDT-FONTAINE TRUST	RESIDENTIAL-TWO UNIT	$662,500	150 ft
3501 HUMBOLDT AVE S MINNEAPOLIS MN 55408	SUSAN PEPLOE	RESIDENTIAL-TWO UNIT	$691,800	154 ft
3515 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ERIN FRANCHON GLYNN	CONDOMINIUM	$359,000	154 ft
3515 HUMBOLDT AVE S MINNEAPOLIS MN 55408	C M GALLAHER & H E GALLAHER	CONDOMINIUM	$327,000	154 ft

Property History

Most Recent Sale

Date202206

Price$675,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,530