3529 IRVING AVE S MINNEAPOLIS MN 55408

PID: 0402824310138

Property Overview

Parcel ID0402824310138

Lot Size6,422 sq ft (0.147 ac)

Lot Dimensions (est.)129 ft wide × 50 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerXIAOYU J HOU & REBECCA KOCH

Assessed Value$502,300

Land Value$311,000

Building Value$191,300

Annual Tax$8,202

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 · $11K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$11K

Constructure Corporation

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 width40 ft

Buildable depth88 ft

Area~3,537 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 3,537 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3525 IRVING AVE S MINNEAPOLIS MN 55408	J F PRATT & D J CLEMMENSEN	RESIDENTIAL	$640,900	46 ft
3535 IRVING AVE S MINNEAPOLIS MN 55408	3535 PROPERTIES LLC	TRIPLEX	$856,700	51 ft
3519 IRVING AVE S MINNEAPOLIS MN 55408	G R LARSON & J M LARSON	RESIDENTIAL-TWO UNIT	$553,300	95 ft
3537 IRVING AVE S MINNEAPOLIS MN 55408	BERT THOMPSON	RESIDENTIAL-TWO UNIT	$763,800	101 ft
3528 HUMBOLDT AVE S MINNEAPOLIS MN 55408	DANIEL RANALLO	RESIDENTIAL	$365,300	140 ft
3532 HUMBOLDT AVE S MINNEAPOLIS MN 55408	JOSHLYN OLSEN	RESIDENTIAL-TWO UNIT	$546,700	145 ft
3524 HUMBOLDT AVE S MINNEAPOLIS MN 55408	L E CARLSON & J V KROUPA	RESIDENTIAL-TWO UNIT	$608,800	148 ft
3515 IRVING AVE S MINNEAPOLIS MN 55408	GAIL C RUNGE	CONDOMINIUM	$406,000	149 ft
3515 IRVING AVE S MINNEAPOLIS MN 55408	HARRY EVANS GALLAHER	CONDOMINIUM	$446,000	149 ft
MN	Unknown	—	—	149 ft

Property History

Most Recent Sale

Date201705

Price$420,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,202