3018 37TH AVE S MINNEAPOLIS MN 55406

PID: 0602823210114

Property Overview

Parcel ID0602823210114

Lot Size5,110 sq ft (0.117 ac)

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

Year Built1927

Property ClassRESIDENTIAL

OwnerW A LARSON & J T NIEMANN

Assessed Value$318,300

Land Value$124,000

Building Value$194,300

Annual Tax$4,676

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

6 permits on record since 2018 · $31K total declared value · Most recent: Nov 2022 (existres)

ExistresNov 2022Closed

CENTERPOINT ENERGY

MiscApr 2022Closed

$11K

EXCEL ROOFING

RemodelMar 2022Closed

$5K

TRUNORTH SOLAR

RemodelOct 2018Closed

$15K

CASTLE BUILDING & REMODELING INC

ExistresOct 2018Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

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

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,217/mo

Renter-occupied9.9%

Median home value$292K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1089

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~2,633 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 2,633 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3022 37TH AVE S MINNEAPOLIS MN 55406	REGINALD M CRAWFORD	RESIDENTIAL	$305,100	40 ft
3014 37TH AVE S MINNEAPOLIS MN 55406	J H MCCONICO & J E MCCONICO	RESIDENTIAL	$310,000	40 ft
3026 37TH AVE S MINNEAPOLIS MN 55406	KAREN SELMA BROWN	RESIDENTIAL	$256,100	80 ft
3010 37TH AVE S MINNEAPOLIS MN 55406	JENNIFER STOW	RESIDENTIAL	$310,000	80 ft
3030 37TH AVE S MINNEAPOLIS MN 55406	HELEN MILLER & JEFFRY BECKER	RESIDENTIAL-TWO UNIT	$354,900	120 ft
3019 36TH AVE S MINNEAPOLIS MN 55406	MARY E TOAL	RESIDENTIAL	$223,400	142 ft
3015 36TH AVE S MINNEAPOLIS MN 55406	CITY/LAKES COMMUNITY LAND TR	—	$244,700	147 ft
3023 36TH AVE S MINNEAPOLIS MN 55406	JASON A MALKOVICH	RESIDENTIAL	$270,200	147 ft
3034 37TH AVE S MINNEAPOLIS MN 55406	DVORAK TRUST	RESIDENTIAL-TWO UNIT	$324,600	160 ft
3027 36TH AVE S MINNEAPOLIS MN 55406	PAUL D POLSON	RESIDENTIAL-TWO UNIT	$299,800	162 ft

Property History

Most Recent Sale

Date202511

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,676