3515 IRVING AVE S MINNEAPOLIS MN 55408

PID: 0402824310205

Property Overview

Parcel ID0402824310205

Lot Size6,693 sq ft (0.154 ac)

Lot Dimensions (est.)129 ft wide × 52 ft deep

Year Built1932

Property ClassCONDOMINIUM

OwnerHARRY EVANS GALLAHER

Assessed Value$446,000

Land Value$132,000

Building Value$314,000

Annual Tax$6,978

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

No permits found in Minneapolis open data for this parcel.

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 width42 ft

Buildable depth89 ft

Area~3,724 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 3,724 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3515 IRVING AVE S MINNEAPOLIS MN 55408	GAIL C RUNGE	CONDOMINIUM	$406,000	0 ft
MN	Unknown	—	—	0 ft
3519 IRVING AVE S MINNEAPOLIS MN 55408	G R LARSON & J M LARSON	RESIDENTIAL-TWO UNIT	$553,300	54 ft
3509 IRVING AVE S MINNEAPOLIS MN 55408	JOANNE PROVO LIVING TRUST	CONDOMINIUM	$415,000	54 ft
3509 IRVING AVE S MINNEAPOLIS MN 55408	JOANNE PROVO LIVING TRUST	CONDOMINIUM	$546,000	54 ft
MN	Unknown	—	—	54 ft
3525 IRVING AVE S MINNEAPOLIS MN 55408	J F PRATT & D J CLEMMENSEN	RESIDENTIAL	$640,900	103 ft
3505 IRVING AVE S MINNEAPOLIS MN 55408	ELIZABETH J HOIUM	CONDOMINIUM	$431,000	105 ft
3505 IRVING AVE S MINNEAPOLIS MN 55408	ELIZABETH J HOIUM	CONDOMINIUM	$437,000	105 ft
MN	Unknown	—	—	105 ft

Property History

Most Recent Sale

Date201006

Price$384,550

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,978