3706 QUEEN AVE N MINNEAPOLIS MN 55412

PID: 0502924440123

Property Overview

Parcel ID0502924440123

Lot Size5,032 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1959

Property ClassRESIDENTIAL

OwnerRICHARD L ROEN ET AL

Assessed Value$223,500

Land Value$34,000

Building Value$189,500

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2021 · Most recent: Jun 2021 (existres)

ExistresJun 2021Closed

Airic's Heating & Air Conditioning Inc

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 width30 ft

Buildable depth86 ft

Area~2,573 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 2,573 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3700 QUEEN AVE N MINNEAPOLIS MN 55412	SCOTT DUTTON	RESIDENTIAL	$241,800	40 ft
3710 QUEEN AVE N MINNEAPOLIS MN 55412	GREGORY MERRITT/JERRY EVANS	RESIDENTIAL	$165,900	40 ft
3714 QUEEN AVE N MINNEAPOLIS MN 55412	KINDRA L HOUGHTALING	RESIDENTIAL	$193,700	80 ft
3718 QUEEN AVE N MINNEAPOLIS MN 55412	ALYSSA BIER	RESIDENTIAL	$178,900	120 ft
3707 PENN AVE N MINNEAPOLIS MN 55412	ADAM MCGATH	RESIDENTIAL	$85,000	140 ft
3654 QUEEN AVE N MINNEAPOLIS MN 55412	CITY/LAKES COMMUNITY LAND TR	RESIDENTIAL	$217,700	141 ft
3711 PENN AVE N MINNEAPOLIS MN 55412	ESTOREMASTERS LLC	VACANT LAND-RESIDENTIAL	$0	145 ft
3701 PENN AVE N MINNEAPOLIS MN 55412	TRANQUILITY HOUSING CORP	COMMERCIAL-PREFERRED	$166,000	146 ft
3715 PENN AVE N MINNEAPOLIS MN 55412	GERALDINE A SARGENT	RESIDENTIAL	$193,600	160 ft
3722 QUEEN AVE N MINNEAPOLIS MN 55412	CFW REALTY LLC	LOW INCOME RENTAL	$163,800	160 ft

Property History

Current Tax Year

Year2026

Tax Due$0