3533 GIRARD AVE S MINNEAPOLIS MN 55408

PID: 0402824420008

Property Overview

Parcel ID0402824420008

Lot Size6,294 sq ft (0.144 ac)

Lot Dimensions (est.)129 ft wide × 49 ft deep

Year Built1922

Property ClassAPARTMENT

OwnerV SINGH & A K SINGH

Assessed Value$589,000

Land Value$160,000

Building Value$429,000

Annual Tax$11,186

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

South Uptown · Minneapolis

Median reported rent1,188/mo

Renter-occupied69.2%

Median home value$289K

Vacancy rate4.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1092

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 width39 ft

Buildable depth88 ft

Area~3,450 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 3,450 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3537 GIRARD AVE S MINNEAPOLIS MN 55408	VICKI L HOOPER REV TRUST	RESIDENTIAL	$441,900	44 ft
3529 GIRARD AVE S MINNEAPOLIS MN 55408	J W MICHENER & J C MICHENER	RESIDENTIAL	$540,700	53 ft
3541 GIRARD AVE S MINNEAPOLIS MN 55408	RAYMOND H LARSON TRUST	RESIDENTIAL-TWO UNIT	$481,300	84 ft
3521 GIRARD AVE S MINNEAPOLIS MN 55408	LIB REVOCABLE TRUST	RESIDENTIAL	$505,200	118 ft
3545 GIRARD AVE S MINNEAPOLIS MN 55408	VENICE PROJECTS LLC	RESIDENTIAL-TWO UNIT	$572,900	124 ft
3532 FREMONT AVE S MINNEAPOLIS MN 55408	JASON R LORD & C G KRAFFT	RESIDENTIAL	$521,900	140 ft
3538 FREMONT AVE S MINNEAPOLIS MN 55408	HENNEPIN AVENUE LLC	APARTMENT	$882,000	145 ft
3528 FREMONT AVE S MINNEAPOLIS MN 55408	B WALDE & K NEHRING	RESIDENTIAL	$397,000	148 ft
3540 FREMONT AVE S MINNEAPOLIS MN 55408	MPLS UPTWN RENTALS 3540 LLC	RESIDENTIAL	$479,800	160 ft
3549 GIRARD AVE S MINNEAPOLIS MN 55408	MICHAEL R DADY	RESIDENTIAL-TWO UNIT	$404,900	165 ft

Property History

Most Recent Sale

Date202206

Price$580,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,186