3019 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823210171

Property Overview

Parcel ID0602823210171

Lot Size5,168 sq ft (0.119 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerAMARECH GONICHE

Assessed Value$316,000

Land Value$124,000

Building Value$192,000

Annual Tax$4,638

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

7 permits on record since 2017 · $14K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Closed

$3K

Minnesota Rusco Inc

MiscOct 2024Closed

$8K

Mayday Restoration

MiscJun 2021Closed

$3K

STORM GROUP ROOFING LLC

ExistresNov 2020Closed

BOYS MECHANICAL INC

ExistresAug 2018Closed

Boy's Mechanical Inc

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

Neighborhood Profile

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 depth89 ft

Area~2,674 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 2,674 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
3015 34TH AVE S MINNEAPOLIS MN 55406	MAX WANDERMAN	RESIDENTIAL	$292,800	40 ft
3023 34TH AVE S MINNEAPOLIS MN 55406	TROY SCHLENER ET AL	RESIDENTIAL	$290,100	40 ft
3009 34TH AVE S MINNEAPOLIS MN 55406	CONNIE L CARDINAL ET AL TR	RESIDENTIAL	$226,300	80 ft
3027 34TH AVE S MINNEAPOLIS MN 55406	MICHAEL A BROWN	RESIDENTIAL	$239,000	80 ft
3031 34TH AVE S MINNEAPOLIS MN 55406	ROY CERLING & TERESA CERLING	RESIDENTIAL	$323,600	120 ft
3018 35TH AVE S MINNEAPOLIS MN 55406	PETER WALZ & CHRISTINE WALZ	RESIDENTIAL	$281,700	142 ft
3022 35TH AVE S MINNEAPOLIS MN 55406	BRENNA ERIKA BRELIE	RESIDENTIAL	$269,200	148 ft
3014 35TH AVE S MINNEAPOLIS MN 55406	MARLY E RANSTAD	RESIDENTIAL	$307,600	148 ft
3035 34TH AVE S MINNEAPOLIS MN 55406	CATHARINE B JOYCE	RESIDENTIAL	$230,800	160 ft
3405 LAKE ST E MINNEAPOLIS MN 55406	METRO EAST HOLDINGS LLC	COMMERCIAL-PREFERRED	$90,000	164 ft

Property History

Most Recent Sale

Date200304

Price$176,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,638