3500 GIRARD AVE S MINNEAPOLIS MN 55408

PID: 0402824420045

Property Overview

Parcel ID0402824420045

Lot Size3,554 sq ft (0.082 ac)

Lot Dimensions (est.)87 ft wide × 41 ft deep

Year Built1927

Property ClassRESIDENTIAL-TWO UNIT

OwnerA H LICKTEIG/J LICKTEIG ETAL

Assessed Value$436,600

Land Value$156,000

Building Value$280,600

Annual Tax$8,292

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

4 permits on record since 2018 · Most recent: Jun 2024 (existres)

ExistresJun 2024Expired

Ray N Welter Heating Co

ResJul 2021Closed

FFM LLC

ExistresOct 2018Closed

Ray N Welter Heating Co

ResJun 2018Closed

Norblom Plumbing Co

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width74 ft

Buildable depth1 ft

Area~1,307 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 1,307 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3504 GIRARD AVE S MINNEAPOLIS MN 55408	STEPHANIE HOUSMANS	RESIDENTIAL	$454,600	40 ft
1411 35TH ST W MINNEAPOLIS MN 55408	ANDREW EDELSTEIN	RESIDENTIAL	$426,700	75 ft
3508 GIRARD AVE S MINNEAPOLIS MN 55408	CAITLIN THARALDSON	RESIDENTIAL	$319,600	79 ft
3452 GIRARD AVE S MINNEAPOLIS MN 55408	MARK WILKIE	RESIDENTIAL-TWO UNIT	$552,200	104 ft
3512 GIRARD AVE S MINNEAPOLIS MN 55408	C A ROACH & L P ROACH	RESIDENTIAL	$427,200	120 ft
3501 GIRARD AVE S MINNEAPOLIS MN 55408	KIRSTIE KIMBALL	RESIDENTIAL	$430,200	136 ft
3448 GIRARD AVE S MINNEAPOLIS MN 55408	KLP REAL ESTATE LLC	RESIDENTIAL-TWO UNIT	$592,300	145 ft
3501 HENNEPIN AVE MINNEAPOLIS MN 55408	FOUNDRY MARKET LLC	COMMERCIAL-PREFERRED	$1,680,000	160 ft
3516 GIRARD AVE S MINNEAPOLIS MN 55408	ALEX P MISSAGHI	RESIDENTIAL-TWO UNIT	$476,700	161 ft
3505 GIRARD AVE S MINNEAPOLIS MN 55408	GERALD MEIER	RESIDENTIAL-TWO UNIT	$565,400	173 ft

Property History

Most Recent Sale

Date199510

Price$136,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,292