3205 38TH AVE S MINNEAPOLIS MN 55406

PID: 0602823130100

Property Overview

Parcel ID0602823130100

Lot Size5,136 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerDALE A MAANUM ETAL

Assessed Value$279,000

Land Value$141,000

Building Value$138,000

Annual Tax$4,019

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2023 · $10K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Closed

$10K

LEGACY RESTORATION LLC

ResJul 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Cooper · Minneapolis

Median reported rent1,309/mo

Renter-occupied16.5%

Median home value$339K

Vacancy rate5.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1076

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 width30 ft

Buildable depth88 ft

Area~2,651 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 2,651 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3201 38TH AVE S MINNEAPOLIS MN 55406	DAN T MACKEY	RESIDENTIAL	$295,500	39 ft
3209 38TH AVE S MINNEAPOLIS MN 55406	DON WHITE	RESIDENTIAL	$204,000	40 ft
3211 38TH AVE S MINNEAPOLIS MN 55406	CARL GEORGE	RESIDENTIAL	$208,000	80 ft
3217 38TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	120 ft
3200 39TH AVE S MINNEAPOLIS MN 55406	M SAMUELSON-ROBERTS ET AL	RESIDENTIAL	$398,000	143 ft
3208 39TH AVE S MINNEAPOLIS MN 55406	J MARLO-TRIEMSTRA ET AL	RESIDENTIAL	$409,300	147 ft
3810 32ND ST E MINNEAPOLIS MN 55406	LINDA SUE KALUZA	RESIDENTIAL	$264,000	149 ft
3155 38TH AVE S MINNEAPOLIS MN 55406	ANNIE B SHELLMAN	RESIDENTIAL	$173,000	154 ft
3219 38TH AVE S MINNEAPOLIS MN 55406	JOHN DENICOLA	RESIDENTIAL	$235,200	160 ft
3212 39TH AVE S MINNEAPOLIS MN 55406	A M FLANDERS & R J FLANDERS	RESIDENTIAL	$350,000	162 ft

Property History

Current Tax Year

Year2026

Tax Due$4,019