3016 33RD AVE S MINNEAPOLIS MN 55406

PID: 0602823220027

Property Overview

Parcel ID0602823220027

Lot Size5,685 sq ft (0.131 ac)

Lot Dimensions (est.)142 ft wide × 40 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerJAMES P TUTTLE

Assessed Value$361,900

Land Value$130,000

Building Value$231,900

Annual Tax$5,406

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

4 permits on record since 2017 · $27K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$12K

TIM OSTERGREN CONSTRUCTION

ResApr 2023Closed

CenterPoint Energy Resource Corp

RemodelNov 2019Closed

$15K

ALL ENERGY SOLAR INC

ExistresOct 2017Closed

Standard Heating and Air Conditioning Inc

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

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,037/mo

Renter-occupied58.5%

Median home value$302K

Vacancy rate13.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1088

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 depth102 ft

Area~3,064 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 3,064 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3012 33RD AVE S MINNEAPOLIS MN 55406	DAVID R JACOBSON REV TR	RESIDENTIAL	$302,300	40 ft
3020 33RD AVE S MINNEAPOLIS MN 55406	JEFFREY SCOTT KRULL	RESIDENTIAL	$243,400	40 ft
3024 33RD AVE S MINNEAPOLIS MN 55406	T J ROTHGEB/ L WRIGHT	RESIDENTIAL	$356,200	80 ft
3028 33RD AVE S MINNEAPOLIS MN 55406	E A BROOKS & B D BROOKS	RESIDENTIAL	$307,400	120 ft
3223 LAKE ST E MINNEAPOLIS MN 55406	SAMIR ABUMAYYALEH	COMMERCIAL-PREFERRED	$862,000	125 ft
3015 32ND AVE S MINNEAPOLIS MN 55406	L M ROBERTSON & Z N AHMED	RESIDENTIAL	$497,900	153 ft
3011 32ND AVE S MINNEAPOLIS MN 55406	MARTIN J KADLEC	RESIDENTIAL	$255,500	158 ft
3019 32ND AVE S MINNEAPOLIS MN 55406	A R HOLDSWORTH/H B OPPMANN	RESIDENTIAL	$313,500	158 ft
3032 33RD AVE S MINNEAPOLIS MN 55406	J R TITHOF & S E TITHOF	RESIDENTIAL	$341,700	160 ft
3023 32ND AVE S MINNEAPOLIS MN 55406	DONNA KENNEDY	RESIDENTIAL	$240,700	172 ft

Property History

Most Recent Sale

Date200301

Price$137,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,406