3650 QUEEN AVE N MINNEAPOLIS MN 55412

PID: 0502924440012

Property Overview

Parcel ID0502924440012

Lot Size5,417 sq ft (0.124 ac)

Lot Dimensions (est.)127 ft wide × 43 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerJMW INVESTMENTS LLC

Assessed Value$196,000

Land Value$35,000

Building Value$161,000

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $22K total declared value · Most recent: Jan 2026 (remodel)

RemodelJan 2026Closed

$17K

WOODS CONSTRUCTION AND REMODELING

ResJan 2026Closed

Binz Plumbing LLC

ExistresDec 2025Closed

Ray N Welter Heating Co

MiscMay 2022Closed

$5K

MON-RAY INC

ResNov 2019Closed

SODERLIN PLUMBING HEATING AND AIR

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

Neighborhood Profile

Cleveland · Minneapolis

Median reported rent2,095/mo

Renter-occupied19.2%

Median home value$227K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1007

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

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 width33 ft

Buildable depth86 ft

Area~2,839 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 2,839 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3646 QUEEN AVE N MINNEAPOLIS MN 55412	LENDA VU & RICHARD THAO	RESIDENTIAL	$246,200	43 ft
3654 QUEEN AVE N MINNEAPOLIS MN 55412	CITY/LAKES COMMUNITY LAND TR	RESIDENTIAL	$217,700	43 ft
3642 QUEEN AVE N MINNEAPOLIS MN 55412	NAQUITA M CLARK	RESIDENTIAL	$244,700	86 ft
2211 37TH AVE N MINNEAPOLIS MN 55412	REDWOOD COLLECTIVE LLC	COMMERCIAL-PREFERRED	$164,000	103 ft
3638 QUEEN AVE N MINNEAPOLIS MN 55412	TYICIA L MIMS	RESIDENTIAL	$216,800	128 ft
3651 PENN AVE N MINNEAPOLIS MN 55412	SECOND STORY HOLDINGS	RESIDENTIAL	$130,000	138 ft
3700 QUEEN AVE N MINNEAPOLIS MN 55412	SCOTT DUTTON	RESIDENTIAL	$241,800	144 ft
3647 PENN AVE N MINNEAPOLIS MN 55412	DAVID SINCHI & IMELDA RIERA	RESIDENTIAL	$198,000	146 ft
3655 PENN AVE N MINNEAPOLIS MN 55412	TRANQUILITY HOUSING CORP	RESIDENTIAL	$243,000	163 ft
3634 QUEEN AVE N MINNEAPOLIS MN 55412	FERNANDO COLLADO JR	RESIDENTIAL	$289,300	171 ft

Property History

Most Recent Sale

Date202511

Price$160,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$0