3560 LENA SMITH BLVD MINNEAPOLIS MN 55406

PID: 0502823320006

Property Overview

Parcel ID0502823320006

Lot Size7,385 sq ft (0.170 ac)

Lot Dimensions (est.)76 ft wide × 98 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerL VECOLI & M V HOEFT TRSTEES

Assessed Value$529,000

Land Value$396,000

Building Value$133,000

Annual Tax$8,629

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $49K total declared value · Most recent: Nov 2024 (existres)

ExistresNov 2024Closed

Standard Heating and Air Conditioning Inc

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscOct 2023Closed

$45K

Home Front Exteriors

MiscFeb 2020Closed

$4K

STANDARD WATER CONTROL SYSTEMS INC

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent984/mo

Renter-occupied4.6%

Median home value$373K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1090

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width66 ft

Buildable depth57 ft

Area~4,035 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 4,035 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3556 LENA SMITH BLVD MINNEAPOLIS MN 55406	G MCCULLOUGH/T MCCULLOUGH	RESIDENTIAL	$646,000	54 ft
3566 LENA SMITH BLVD MINNEAPOLIS MN 55406	ROANN G CRAMER	RESIDENTIAL	$544,000	54 ft
3552 LENA SMITH BLVD MINNEAPOLIS MN 55406	JEFFREY W SHEA	RESIDENTIAL	$705,000	103 ft
3527 47TH AVE S MINNEAPOLIS MN 55406	BRAD STOKES & HEIDI STOKES	RESIDENTIAL	$736,600	130 ft
3550 LENA SMITH BLVD MINNEAPOLIS MN 55406	J S TANZ & S BISANGWA-TANZ	RESIDENTIAL	$552,000	156 ft
3523 47TH AVE S MINNEAPOLIS MN 55406	SHARON J BENSON	RESIDENTIAL	$493,200	186 ft
3536 47TH AVE S MINNEAPOLIS MN 55406	K M BRICKER & S ISHIZUKA	RESIDENTIAL	$514,000	194 ft
3540 47TH AVE S MINNEAPOLIS MN 55406	JOAN S ENDRES TRUSTEE	RESIDENTIAL	$507,100	197 ft
3532 47TH AVE S MINNEAPOLIS MN 55406	JOYCE J SCHULTZ	RESIDENTIAL	$484,400	200 ft
3544 LENA SMITH BLVD MINNEAPOLIS MN 55406	M BROMBACH & E LOMBARDI	RESIDENTIAL	$715,000	207 ft

Property History

Most Recent Sale

Date199403

Price$160,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,629