3043 32ND AVE S MINNEAPOLIS MN 55406

PID: 0602823220078

Property Overview

Parcel ID0602823220078

Lot Size5,638 sq ft (0.129 ac)

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

Year Built1919

Property ClassRESIDENTIAL

OwnerCHRISTOPHER FISHER

Assessed Value$284,200

Land Value$129,000

Building Value$155,200

Annual Tax$4,620

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width128 ft

Buildable depth0 ft

Area~2,726 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,726 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3039 32ND AVE S MINNEAPOLIS MN 55406	ANNA L LAPLANT	RESIDENTIAL	$331,100	40 ft
3035 32ND AVE S MINNEAPOLIS MN 55406	SANDRA L EVENSON TRUSTEE	RESIDENTIAL	$319,400	80 ft
3101 32ND AVE S MINNEAPOLIS MN 55406	CUSICK LANDAHL TRUST	RESIDENTIAL	$328,900	112 ft
3031 32ND AVE S MINNEAPOLIS MN 55406	JEANNA JOSEPH	RESIDENTIAL	$377,400	120 ft
3044 33RD AVE S MINNEAPOLIS MN 55406	KRISANN M BUNNELL REV TRUST	RESIDENTIAL	$275,900	154 ft
3105 32ND AVE S MINNEAPOLIS MN 55406	E ERREDGE & DEVON MEADE	RESIDENTIAL	$310,900	157 ft
3040 33RD AVE S MINNEAPOLIS MN 55406	PATRICIA ANN KEHN	RESIDENTIAL	$303,900	158 ft
3027 32ND AVE S MINNEAPOLIS MN 55406	DEBORAH A WEAVER	RESIDENTIAL	$321,100	160 ft
3036 33RD AVE S MINNEAPOLIS MN 55406	DORA R POWELL	RESIDENTIAL	$459,800	172 ft
3100 33RD AVE S MINNEAPOLIS MN 55406	J TUCKER & A TUCKER	RESIDENTIAL	$346,500	191 ft

Property History

Most Recent Sale

Date202201

Price$267,800

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,620