3148 33RD AVE S MINNEAPOLIS MN 55406

PID: 0602823220139

Property Overview

Parcel ID0602823220139

Lot Size5,627 sq ft (0.129 ac)

Lot Dimensions (est.)140 ft wide × 40 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerDAVID J DIMAGNO

Assessed Value$286,000

Land Value$132,000

Building Value$154,000

Annual Tax$4,135

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

1 permit on record since 2023 · Most recent: Apr 2023 (res)

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 depth101 ft

Area~3,020 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 3,020 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
3144 33RD AVE S MINNEAPOLIS MN 55406	ERNEST M & SIRI C CALTVEDT	RESIDENTIAL	$392,900	40 ft
3154 33RD AVE S MINNEAPOLIS MN 55406	GWEN A PARTIN TRUST	RESIDENTIAL	$305,000	40 ft
3140 33RD AVE S MINNEAPOLIS MN 55406	J A STROBEL & J F DREYER	RESIDENTIAL	$348,400	80 ft
3138 33RD AVE S MINNEAPOLIS MN 55406	J L FAGERSTROM & F C STROM	RESIDENTIAL	$411,700	120 ft
3200 33RD AVE S MINNEAPOLIS MN 55406	K O CEDERQUIST & C CRITCHLEY	RESIDENTIAL	$368,100	150 ft
3153 32ND AVE S MINNEAPOLIS MN 55406	NIYAZ METHRATH	RESIDENTIAL	$353,900	154 ft
3157 32ND AVE S MINNEAPOLIS MN 55406	S DAVIS & C MORALES	RESIDENTIAL	$380,300	159 ft
3136 33RD AVE S MINNEAPOLIS MN 55406	J & B BUEHLER	RESIDENTIAL	$207,000	160 ft
3149 32ND AVE S MINNEAPOLIS MN 55406	STEVEN J BACH & WIFE	RESIDENTIAL	$283,500	160 ft
3145 32ND AVE S MINNEAPOLIS MN 55406	P A MAXWELL & K M MAXWELL	RESIDENTIAL	$306,200	174 ft

Property History

Most Recent Sale

Date199811

Price$88,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,135