715 37TH ST W MINNEAPOLIS MN 55409

PID: 0402824440119

Property Overview

Parcel ID0402824440119

Lot Size7,639 sq ft (0.175 ac)

Lot Dimensions (est.)60 ft wide × 127 ft deep

Year Built1922

Property ClassAPARTMENT

OwnerBRUCE BRUNNER

Assessed Value$813,000

Land Value$188,800

Building Value$624,200

Annual Tax$15,440

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

East Harriet · 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 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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 width49 ft

Buildable depth89 ft

Area~4,377 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 4,377 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
721 37TH ST W MINNEAPOLIS MN 55409	SHARYN J MORROW	CONDOMINIUM	$244,000	59 ft
721 37TH ST W MINNEAPOLIS MN 55409	GREGORY A BECKSTROM	CONDOMINIUM	$244,000	59 ft
721 37TH ST W MINNEAPOLIS MN 55409	JULIA BACH	CONDOMINIUM	$246,000	59 ft
721 37TH ST W MINNEAPOLIS MN 55409	CATHERINE LICATA	CONDOMINIUM	$259,000	59 ft
MN	Unknown	—	—	59 ft
3715 ALDRICH AVE S MINNEAPOLIS MN 55409	C F LINTNER & J C MARKHAM	RESIDENTIAL	$317,700	91 ft
3708 LYNDALE AVE S MINNEAPOLIS MN 55409	SELA INVESTMENTS LTD LLP	APARTMENT	$1,161,200	105 ft
3700 LYNDALE AVE S MINNEAPOLIS MN 55409	SELA INVESTMENTS LTD LLP	APARTMENT	$1,161,200	107 ft
3712 LYNDALE AVE S MINNEAPOLIS MN 55409	J M H CHICO & N O MAHMASSANI	RESIDENTIAL	$382,700	132 ft
3717 ALDRICH AVE S MINNEAPOLIS MN 55409	MACKENZIE PAYNE PRESTERA	RESIDENTIAL	$383,300	132 ft

Property History

Most Recent Sale

Date202405

Price$850,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$15,440