3759 MORGAN AVE N MINNEAPOLIS MN 55412

PID: 0402924330046

Property Overview

Parcel ID0402924330046

Lot Size4,826 sq ft (0.111 ac)

Lot Dimensions (est.)128 ft wide × 38 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerA L LUND & J S RATH

Assessed Value$232,800

Land Value$17,000

Building Value$215,800

Annual Tax$3,215

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

No permits found in Minneapolis open data for this parcel.

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

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 width115 ft

Buildable depth0 ft

Area~2,174 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,174 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3755 MORGAN AVE N MINNEAPOLIS MN 55412	THEO ROTHSTEIN	RESIDENTIAL	$178,000	39 ft
3751 MORGAN AVE N MINNEAPOLIS MN 55412	REINVENTION REAL ESTATE	LOW INCOME RENTAL	$170,800	79 ft
3747 MORGAN AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	119 ft
3758 NEWTON AVE N MINNEAPOLIS MN 55412	RENEE STOCKSTILL	RESIDENTIAL	$153,800	141 ft
3754 NEWTON AVE N MINNEAPOLIS MN 55412	PRESTON D MCAREAVEY	RESIDENTIAL	$192,400	145 ft
3743 MORGAN AVE N MINNEAPOLIS MN 55412	TIMOTHY C CRAWFORD	RESIDENTIAL	$167,500	159 ft
3750 NEWTON AVE N MINNEAPOLIS MN 55412	A J & P J CRAWFORD	RESIDENTIAL	$156,000	160 ft
3746 NEWTON AVE N MINNEAPOLIS MN 55412	3746 NEWTON LLC	RESIDENTIAL	$171,200	182 ft
3758 MORGAN AVE N MINNEAPOLIS MN 55412	VA XIONG & HOUA MOUA	RESIDENTIAL	$244,000	186 ft
3754 MORGAN AVE N MINNEAPOLIS MN 55412	MALIA P GAHLER ET AL	RESIDENTIAL	$198,700	191 ft

Property History

Most Recent Sale

Date202506

Price$199,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,215