3300 32ND ST W MINNEAPOLIS MN 55416

PID: 0502824210223

Property Overview

Parcel ID0502824210223

Lot Size37,613 sq ft (0.863 ac)

Lot Dimensions (est.)379 ft wide × 99 ft deep

Year Built1982

Property ClassCONDOMINIUM

OwnerALFRED C & MARY L REGER TRS

Assessed Value$1,453,000

Land Value$87,000

Building Value$1,366,000

Annual Tax$25,739

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2001 · $76K total declared value · Most recent: Oct 2001 (building re-inspection)

Building Re-inspectionOct 2001

$76K

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

Neighborhood Profile

West Maka Ska · Minneapolis

Median reported rent1,434/mo

Renter-occupied58.4%

Median home value$420K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1091

Market Snapshot

Zip code 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width364 ft

Buildable depth59 ft

Area~21,644 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 3-story wood frame (5–12 units) benchmarks for 21,644 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value
3300 32ND ST W MINNEAPOLIS MN 55416	JOHN FAMILY LIVING TRUST	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	RICHARD M WIEN & GISELL WIEN	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	A E BHARUCHA/K ADIL BHARUCHA	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	D GARY SOYA & SUSAN D K SOYA	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	GLORIA JEAN PETERSON TRUST	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	JUDITH LOUISE JAFFEE REV TR	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	JUDITH LOUISE JAFFEE REV TR	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	JILL MARIE ZOSCHKE	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	P M BRANDSTETTER & D A HOVEN	CONDO GARAGE/MISCELLANEOUS	$16,500
3300 32ND ST W MINNEAPOLIS MN 55416	JENNIFER NAEGELE	CONDO GARAGE/MISCELLANEOUS	$16,500

Property History

Most Recent Sale

Date198303

Price$385,290

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$25,739