3433 GIRARD AVE S MINNEAPOLIS MN 55408

PID: 0402824420113

Property Overview

Parcel ID0402824420113

Lot Size5,413 sq ft (0.124 ac)

Lot Dimensions (est.)129 ft wide × 42 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerELEANORA K NORBY

Assessed Value$357,500

Land Value$196,000

Building Value$161,500

Annual Tax$5,332

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 2022 · Most recent: Feb 2022 (existres)

ExistresFeb 2022Closed

CENTERPOINT ENERGY

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth89 ft

Area~2,843 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 2,843 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
3437 GIRARD AVE S MINNEAPOLIS MN 55408	CARTER KONZ	RESIDENTIAL	$411,000	42 ft
3429 GIRARD AVE S MINNEAPOLIS MN 55408	KIT HANSEN TRUST ET AL	RESIDENTIAL-TWO UNIT	$576,100	42 ft
3425 GIRARD AVE S MINNEAPOLIS MN 55408	D J SEAL & K L SEAL	RESIDENTIAL-TWO UNIT	$574,800	84 ft
3441 GIRARD AVE S MINNEAPOLIS MN 55408	NISTLER FAMILY TRUST	RESIDENTIAL	$442,700	84 ft
3421 GIRARD AVE S MINNEAPOLIS MN 55408	CCP PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$585,000	126 ft
3445 GIRARD AVE S MINNEAPOLIS MN 55408	T M LAUER & T L HILLSTROM	RESIDENTIAL	$442,200	126 ft
3432 FREMONT AVE S MINNEAPOLIS MN 55408	IVY APRIL HANSON	RESIDENTIAL	$453,400	140 ft
3436 FREMONT AVE S MINNEAPOLIS MN 55408	BRYAN B RICE	RESIDENTIAL	$738,800	146 ft
3428 FREMONT AVE S MINNEAPOLIS MN 55408	KATHERINE JUNE DOBIE	RESIDENTIAL	$409,700	147 ft
3440 FREMONT AVE S MINNEAPOLIS MN 55408	M D DEWALD & M L BIRCH	RESIDENTIAL	$690,600	163 ft

Property History

Current Tax Year

Year2026

Tax Due$5,332