3117 33RD AVE S MINNEAPOLIS MN 55406

PID: 0602823220047

Property Overview

Parcel ID0602823220047

Lot Size5,682 sq ft (0.130 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerAMY K RADERMACHER

Assessed Value$314,500

Land Value$132,000

Building Value$182,500

Annual Tax$4,613

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

8 permits on record since 2021 · $24K total declared value · Most recent: Oct 2024 (res)

ResOct 2024Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResSep 2024Closed

4Front Energy Solutions Inc

ExistresSep 2024Closed

4Front Energy Solutions Inc

ResSep 2024Closed

4Front Energy Solutions Inc

ResApr 2023Closed

CenterPoint Energy Resource Corp

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~3,061 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 3,061 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
3115 33RD AVE S MINNEAPOLIS MN 55406	W D SHAHEEN & D W SHAHEEN	RESIDENTIAL	$278,600	40 ft
3121 33RD AVE S MINNEAPOLIS MN 55406	KELLI J JOHNSON	RESIDENTIAL	$335,200	42 ft
3111 33RD AVE S MINNEAPOLIS MN 55406	A HOWARD & M KHAZAELI	RESIDENTIAL	$379,000	80 ft
3127 33RD AVE S MINNEAPOLIS MN 55406	ASTRID I SMITH	RESIDENTIAL	$421,100	86 ft
3109 33RD AVE S MINNEAPOLIS MN 55406	C DUBE & T DUBE	RESIDENTIAL-TWO UNIT	$533,000	120 ft
3129 33RD AVE S MINNEAPOLIS MN 55406	DIANA P ADAMSON	RESIDENTIAL	$275,000	131 ft
3116 34TH AVE S MINNEAPOLIS MN 55406	R L GREV & T E FERGUSON	RESIDENTIAL	$378,600	154 ft
3120 34TH AVE S MINNEAPOLIS MN 55406	KADY HEXUM	RESIDENTIAL	$469,000	159 ft
3105 33RD AVE S MINNEAPOLIS MN 55406	HOKAN	RESIDENTIAL	$353,500	160 ft
3112 34TH AVE S MINNEAPOLIS MN 55406	STANLEY J HATCHER	RESIDENTIAL	$342,000	163 ft

Property History

Most Recent Sale

Date200811

Price$193,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,613