3512 LENA SMITH BLVD MINNEAPOLIS MN 55406

PID: 0502823320032

Property Overview

Parcel ID0502823320032

Lot Size7,530 sq ft (0.173 ac)

Lot Dimensions (est.)136 ft wide × 55 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerC MCGLYNN & L MCGLYNN

Assessed Value$626,000

Land Value$398,000

Building Value$228,000

Annual Tax$10,133

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $6K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

CenterPoint Energy Resource Corp

ExistresMar 2018Closed

TEAM MECHANICAL INC

MiscMar 2017Cancelled

$6K

RENEWAL BY ANDERSEN CORP

ResJan 2017Closed

JD Plumbing LLC

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 width50 ft

Buildable depth85 ft

Area~4,324 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 4,324 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3506 LENA SMITH BLVD MINNEAPOLIS MN 55406	A M CASE & L D TRIPLETT	RESIDENTIAL	$705,000	56 ft
3518 LENA SMITH BLVD MINNEAPOLIS MN 55406	BLAKE NORTON & WESTON NORTON	RESIDENTIAL	$626,000	58 ft
3500 LENA SMITH BLVD MINNEAPOLIS MN 55406	JOHN K BALE	RESIDENTIAL	$578,000	111 ft
3524 LENA SMITH BLVD MINNEAPOLIS MN 55406	PATRICE R HETLAND	RESIDENTIAL	$750,000	115 ft
4725 ISABEL AVE MINNEAPOLIS MN 55406	MICHAEL J TILL ETAL	RESIDENTIAL	$724,100	151 ft
4721 ISABEL AVE MINNEAPOLIS MN 55406	LUDMILLA G GOLDSTEIN TRUST	RESIDENTIAL	$611,600	154 ft
3452 LENA SMITH BLVD MINNEAPOLIS MN 55406	T & M COMMERFORD	RESIDENTIAL	$947,000	163 ft
3530 LENA SMITH BLVD MINNEAPOLIS MN 55406	CHASE LIABOE & MORGAN SMITH	RESIDENTIAL	$1,038,300	167 ft
4729 ISABEL AVE MINNEAPOLIS MN 55406	N CARDINAL & E BENNIE	RESIDENTIAL	$572,600	183 ft
4717 ISABEL AVE MINNEAPOLIS MN 55406	P J HIDE & J W HIDE TRUST	RESIDENTIAL	$617,700	198 ft

Property History

Most Recent Sale

Date202305

Price$740,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,133