3129 33RD AVE S MINNEAPOLIS MN 55406

PID: 0602823220066

Property Overview

Parcel ID0602823220066

Lot Size6,386 sq ft (0.147 ac)

Lot Dimensions (est.)142 ft wide × 45 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerDIANA P ADAMSON

Assessed Value$275,000

Land Value$138,000

Building Value$137,000

Annual Tax$3,951

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

2 permits on record since 2023 · $7K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$7K

Countrywide Contracting

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 width35 ft

Buildable depth102 ft

Area~3,566 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 3,566 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
3133 33RD AVE S MINNEAPOLIS MN 55406	BENJAMIN S CARPENTER	RESIDENTIAL	$307,100	45 ft
3127 33RD AVE S MINNEAPOLIS MN 55406	ASTRID I SMITH	RESIDENTIAL	$421,100	45 ft
3121 33RD AVE S MINNEAPOLIS MN 55406	KELLI J JOHNSON	RESIDENTIAL	$335,200	89 ft
3137 33RD AVE S MINNEAPOLIS MN 55406	J RIDDICK & S RIDDICK	RESIDENTIAL-TWO UNIT	$359,200	90 ft
3117 33RD AVE S MINNEAPOLIS MN 55406	AMY K RADERMACHER	RESIDENTIAL	$314,500	131 ft
3141 33RD AVE S MINNEAPOLIS MN 55406	BECKER MATHIE	RESIDENTIAL	$334,600	135 ft
3130 34TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	154 ft
3124 34TH AVE S MINNEAPOLIS MN 55406	MARY J HELGET	RESIDENTIAL	$319,700	160 ft
3136 34TH AVE S MINNEAPOLIS MN 55406	VAN LE & NICOLE LE	RESIDENTIAL	$277,500	160 ft
3115 33RD AVE S MINNEAPOLIS MN 55406	W D SHAHEEN & D W SHAHEEN	RESIDENTIAL	$278,600	171 ft

Property History

Most Recent Sale

Date201612

Price$219,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,951