3045 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823210177

Property Overview

Parcel ID0602823210177

Lot Size5,646 sq ft (0.130 ac)

Lot Dimensions (est.)128 ft wide × 44 ft deep

Year Built1924

Property ClassRESIDENTIAL-TWO UNIT

OwnerD SKARJUNE & M JANSEN

Assessed Value$382,300

Land Value$129,000

Building Value$253,300

Annual Tax$5,748

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

No permits found in Minneapolis open data for this parcel.

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth4 ft

Area~2,738 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 2,738 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3041 34TH AVE S MINNEAPOLIS MN 55406	GREGORY J SCHAUFF	RESIDENTIAL	$284,600	42 ft
3035 34TH AVE S MINNEAPOLIS MN 55406	CATHARINE B JOYCE	RESIDENTIAL	$230,800	82 ft
3101 34TH AVE S MINNEAPOLIS MN 55406	C BLIHOVDE & R BLIHOVDE	RESIDENTIAL	$410,000	116 ft
3031 34TH AVE S MINNEAPOLIS MN 55406	ROY CERLING & TERESA CERLING	RESIDENTIAL	$323,600	121 ft
3044 35TH AVE S MINNEAPOLIS MN 55406	L K & J D H LONG	RESIDENTIAL	$372,200	142 ft
3038 35TH AVE S MINNEAPOLIS MN 55406	COURTNEY GNASH ET AL	RESIDENTIAL	$333,900	148 ft
3027 34TH AVE S MINNEAPOLIS MN 55406	MICHAEL A BROWN	RESIDENTIAL	$239,000	162 ft
3105 34TH AVE S MINNEAPOLIS MN 55406	ELLEN T BAKER TRUST	RESIDENTIAL	$292,900	164 ft
3034 35TH AVE S MINNEAPOLIS MN 55406	C M HOUDEK & L M HOUDEK	RESIDENTIAL	$291,500	164 ft
3044 34TH AVE S MINNEAPOLIS MN 55406	SARAH K MURPHY & RYAN BILLIG	RESIDENTIAL	$338,400	168 ft

Property History

Most Recent Sale

Date201402

Price$181,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,748