3019 32ND AVE S MINNEAPOLIS MN 55406

PID: 0602823220072

Property Overview

Parcel ID0602823220072

Lot Size5,639 sq ft (0.129 ac)

Lot Dimensions (est.)141 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerA R HOLDSWORTH/H B OPPMANN

Assessed Value$313,500

Land Value$129,000

Building Value$184,500

Annual Tax$4,596

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

12 permits on record since 2018 · $93K total declared value · Most recent: Jun 2023 (existres)

ExistresJun 2023Closed

TEAM MECHANICAL INC

ResJun 2023Closed

Gust Plumbing Inc

RemodelMay 2023Closed

$43K

CRAFT CONSTRUCTION LLC

RemodelMar 2023Closed

$4K

ALL ENERGY SOLAR INC

RemodelMar 2019Closed

$24K

Andrew Holdsworth

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 depth101 ft

Area~3,028 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 3,028 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
3015 32ND AVE S MINNEAPOLIS MN 55406	L M ROBERTSON & Z N AHMED	RESIDENTIAL	$497,900	40 ft
3023 32ND AVE S MINNEAPOLIS MN 55406	DONNA KENNEDY	RESIDENTIAL	$240,700	40 ft
3011 32ND AVE S MINNEAPOLIS MN 55406	MARTIN J KADLEC	RESIDENTIAL	$255,500	78 ft
3027 32ND AVE S MINNEAPOLIS MN 55406	DEBORAH A WEAVER	RESIDENTIAL	$321,100	80 ft
3031 32ND AVE S MINNEAPOLIS MN 55406	JEANNA JOSEPH	RESIDENTIAL	$377,400	120 ft
3020 33RD AVE S MINNEAPOLIS MN 55406	JEFFREY SCOTT KRULL	RESIDENTIAL	$243,400	153 ft
3016 33RD AVE S MINNEAPOLIS MN 55406	JAMES P TUTTLE	RESIDENTIAL	$361,900	158 ft
3024 33RD AVE S MINNEAPOLIS MN 55406	T J ROTHGEB/ L WRIGHT	RESIDENTIAL	$356,200	159 ft
3035 32ND AVE S MINNEAPOLIS MN 55406	SANDRA L EVENSON TRUSTEE	RESIDENTIAL	$319,400	160 ft
3207 LAKE ST E MINNEAPOLIS MN 55406	CADET 23 LLC	COMMERCIAL-PREFERRED	$1,995,000	164 ft

Property History

Most Recent Sale

Date200112

Price$151,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,596