3734 MORGAN AVE N MINNEAPOLIS MN 55412

PID: 0402924330039

Property Overview

Parcel ID0402924330039

Lot Size5,034 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerLYDIA HAMEL

Assessed Value$304,000

Land Value$21,000

Building Value$283,000

Annual Tax$4,396

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

2 permits on record since 2019 · $8K total declared value · Most recent: Mar 2023 (res)

ResMar 2023Closed

CenterPoint Energy Resource Corp

MiscOct 2019Closed

$8K

CRAFTSMAN CONSTRUCTION SERVICES LLC

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

Neighborhood Profile

Folwell · Minneapolis

Median reported rent1,590/mo

Renter-occupied27.3%

Median home value$193K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1008

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,575 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 sfr / adu benchmarks for 2,575 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3730 MORGAN AVE N MINNEAPOLIS MN 55412	CHRISTOPHER L CAIN	RESIDENTIAL	$234,700	40 ft
3738 MORGAN AVE N MINNEAPOLIS MN 55412	T MOHRLANT & J MOHRLANT	RESIDENTIAL	$226,300	40 ft
3726 MORGAN AVE N MINNEAPOLIS MN 55412	CABRINNA K CAIN	RESIDENTIAL	$224,800	80 ft
3742 MORGAN AVE N MINNEAPOLIS MN 55412	CALVIN BATTLE	RESIDENTIAL	$212,500	80 ft
3722 MORGAN AVE N MINNEAPOLIS MN 55412	MARCIA PHILLIPS	RESIDENTIAL	$276,700	120 ft
3746 MORGAN AVE N MINNEAPOLIS MN 55412	SARENA ALYSSE FOSTER	RESIDENTIAL	$105,600	120 ft
3735 LOGAN AVE N MINNEAPOLIS MN 55412	S A RULFORD & C M RULFORD	RESIDENTIAL	$227,400	140 ft
3739 LOGAN AVE N MINNEAPOLIS MN 55412	ARTHUR MANN & XAI MANN	RESIDENTIAL	$234,000	144 ft
3731 LOGAN AVE N MINNEAPOLIS MN 55412	CANDY BOWIE	RESIDENTIAL	$205,200	146 ft
3743 LOGAN AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$208,300	159 ft

Property History

Most Recent Sale

Date202006

Price$216,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,396