3734 NEWTON AVE N MINNEAPOLIS MN 55412

PID: 0402924330069

Property Overview

Parcel ID0402924330069

Lot Size5,093 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerMALAR STEVENSON

Assessed Value$132,700

Land Value$21,000

Building Value$111,700

Annual Tax$1,555

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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 depth87 ft

Area~2,619 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 2,619 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3730 NEWTON AVE N MINNEAPOLIS MN 55412	DOMINGA ZARATE RODRIGUEZ	RESIDENTIAL	$183,000	40 ft
3738 NEWTON AVE N MINNEAPOLIS MN 55412	JOYCE J WILSON	RESIDENTIAL	$215,600	40 ft
3726 NEWTON AVE N MINNEAPOLIS MN 55412	R RUSSELL & M I KINTZLER	RESIDENTIAL	$188,700	80 ft
3742 NEWTON AVE N MINNEAPOLIS MN 55412	V BERGER & D BERGER	RESIDENTIAL	$120,000	80 ft
3722 NEWTON AVE N MINNEAPOLIS MN 55412	E WEBBERSON & E D JONES	RESIDENTIAL	$194,700	120 ft
3746 NEWTON AVE N MINNEAPOLIS MN 55412	3746 NEWTON LLC	RESIDENTIAL	$171,200	120 ft
3735 MORGAN AVE N MINNEAPOLIS MN 55412	LAWRENCE R JOHNSON ETAL	RESIDENTIAL	$159,900	141 ft
3739 MORGAN AVE N MINNEAPOLIS MN 55412	RED DOOR ENTERPRISES LLC	RESIDENTIAL	$212,900	146 ft
3731 MORGAN AVE N MINNEAPOLIS MN 55412	ALLISON N REINKE	RESIDENTIAL	$223,200	147 ft
3718 NEWTON AVE N MINNEAPOLIS MN 55412	FLOYD E MADISON III	RESIDENTIAL	$157,300	160 ft

Property History

Most Recent Sale

Date202510

Price$110,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,555