3244 32ND AVE S MINNEAPOLIS MN 55406

PID: 0602823230012

Property Overview

Parcel ID0602823230012

Lot Size5,949 sq ft (0.137 ac)

Lot Dimensions (est.)141 ft wide × 42 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerDEBRA L MCKINLEY

Assessed Value$362,800

Land Value$134,000

Building Value$228,800

Annual Tax$5,421

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $47K total declared value · Most recent: Jan 2024 (misc)

MiscJan 2024Expired

$7K

SELECT EXTERIORS LLC

ResApr 2023Closed

CenterPoint Energy Resource Corp

ExistresOct 2020Closed

DNA HEATING AND COOLING

RemodelJun 2017Closed

$40K

CASTLE BUILDING & REMODELING INC

ResJun 2017Closed

A Johnson Plumbing Inc

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 width32 ft

Buildable depth102 ft

Area~3,252 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 3,252 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3248 32ND AVE S MINNEAPOLIS MN 55406	JANNA LUIZA L MORRIS	RESIDENTIAL	$300,000	41 ft
3240 32ND AVE S MINNEAPOLIS MN 55406	SCHWESER LIVING TRUST	RESIDENTIAL	$364,700	42 ft
3236 32ND AVE S MINNEAPOLIS MN 55406	JOHN D MANLEY	RESIDENTIAL	$275,200	84 ft
3252 32ND AVE S MINNEAPOLIS MN 55406	ANH G V TONG & MEGAN A TONG	RESIDENTIAL	$283,000	87 ft
3112 33RD ST E MINNEAPOLIS MN 55406	JOSHUA CAIN/JILL LIPSKI CAIN	RESIDENTIAL	$221,100	89 ft
3232 32ND AVE S MINNEAPOLIS MN 55406	M J OLSON & J M REGNIER	RESIDENTIAL	$370,100	126 ft
3245 31ST AVE S MINNEAPOLIS MN 55406	HELEN LOU LARSON TOFTE	RESIDENTIAL	$339,600	153 ft
3249 31ST AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	159 ft
3241 31ST AVE S MINNEAPOLIS MN 55406	C & A STROBEL-AYRES	RESIDENTIAL	$348,700	159 ft
3228 32ND AVE S MINNEAPOLIS MN 55406	LESHER AUST FAMILY TRUST	RESIDENTIAL	$423,500	168 ft

Property History

Most Recent Sale

Date200207

Price$170,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,421