3120 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823220052

Property Overview

Parcel ID0602823220052

Lot Size6,236 sq ft (0.143 ac)

Lot Dimensions (est.)142 ft wide × 44 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerKADY HEXUM

Assessed Value$469,000

Land Value$138,000

Building Value$331,000

Annual Tax$7,200

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

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 width34 ft

Buildable depth102 ft

Area~3,459 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 3,459 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3124 34TH AVE S MINNEAPOLIS MN 55406	MARY J HELGET	RESIDENTIAL	$319,700	45 ft
3116 34TH AVE S MINNEAPOLIS MN 55406	R L GREV & T E FERGUSON	RESIDENTIAL	$378,600	47 ft
3130 34TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	89 ft
3112 34TH AVE S MINNEAPOLIS MN 55406	STANLEY J HATCHER	RESIDENTIAL	$342,000	97 ft
3136 34TH AVE S MINNEAPOLIS MN 55406	VAN LE & NICOLE LE	RESIDENTIAL	$277,500	134 ft
3108 34TH AVE S MINNEAPOLIS MN 55406	CHARLES DUBE & TAMMY DUBE	RESIDENTIAL	$352,300	147 ft
3121 33RD AVE S MINNEAPOLIS MN 55406	KELLI J JOHNSON	RESIDENTIAL	$335,200	154 ft
3117 33RD AVE S MINNEAPOLIS MN 55406	AMY K RADERMACHER	RESIDENTIAL	$314,500	159 ft
3127 33RD AVE S MINNEAPOLIS MN 55406	ASTRID I SMITH	RESIDENTIAL	$421,100	160 ft
3115 33RD AVE S MINNEAPOLIS MN 55406	W D SHAHEEN & D W SHAHEEN	RESIDENTIAL	$278,600	174 ft

Property History

Most Recent Sale

Date201703

Price$178,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,200