3615 MORGAN AVE N MINNEAPOLIS MN 55412

PID: 0402924330186

Property Overview

Parcel ID0402924330186

Lot Size5,088 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerALEATHEA MCWILLIAMS

Assessed Value$251,000

Land Value$21,000

Building Value$230,000

Annual Tax$3,095

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

5 permits on record since 2019 · $6K total declared value · Most recent: Jun 2025 (res)

ResJun 2025Inspection

Warners Stellian Co Inc

AdditionAug 2024Closed

$2K

ASPECTS CONSTRUCTION

RemodelJul 2023Closed

$5K

TRUNORTH SOLAR

ResMar 2023Closed

CenterPoint Energy Resource Corp

ResMay 2019Closed

Urban Pine Plumbing and Mechanical Inc

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 depth87 ft

Area~2,615 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 2,615 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3617 MORGAN AVE N MINNEAPOLIS MN 55412	PARADIGM CONSULT NETWORK LLC	RESIDENTIAL	$176,200	40 ft
3607 MORGAN AVE N MINNEAPOLIS MN 55412	PRADEEP KHAKURAL	RESIDENTIAL	$197,600	45 ft
3621 MORGAN AVE N MINNEAPOLIS MN 55412	MARIE ELIZABETH MURPHY	RESIDENTIAL	$277,400	80 ft
3603 MORGAN AVE N MINNEAPOLIS MN 55412	JASON LAW & ERIKA LAW	RESIDENTIAL	$217,800	98 ft
3625 MORGAN AVE N MINNEAPOLIS MN 55412	JULIE R ARNDT	RESIDENTIAL	$179,000	120 ft
3612 NEWTON AVE N MINNEAPOLIS MN 55412	H C MCCLEAN & S R MARTINEZ	RESIDENTIAL	$252,000	141 ft
3616 NEWTON AVE N MINNEAPOLIS MN 55412	XAI XIONG	RESIDENTIAL	$101,200	147 ft
3608 NEWTON AVE N MINNEAPOLIS MN 55412	PATRICK NGUYEN	RESIDENTIAL	$101,000	148 ft
3629 MORGAN AVE N MINNEAPOLIS MN 55412	CHUSENG VUE & XUA VANG	RESIDENTIAL	$156,600	160 ft
3622 NEWTON AVE N MINNEAPOLIS MN 55412	TINA L ROBERTS	RESIDENTIAL	$212,300	164 ft

Property History

Most Recent Sale

Date200408

Price$149,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,095