3201 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823240005

Property Overview

Parcel ID0602823240005

Lot Size7,593 sq ft (0.174 ac)

Lot Dimensions (est.)128 ft wide × 59 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerJUSTIN PERRY HEIDEMAN

Assessed Value$394,000

Land Value$149,000

Building Value$245,000

Annual Tax$5,944

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $40K total declared value · Most recent: Aug 2025 (res)

ResAug 2025Closed

Justin Heideman

RemodelSep 2020Closed

$35K

MILL CITY DESIGN BUILD LLC

ExistresAug 2020Closed

MILL CITY DESIGN BUILD LLC

MiscJul 2020Closed

$5K

Holmlund Masonry Inc

ResJun 2020Closed

Able Plumbing LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,217/mo

Renter-occupied9.9%

Median home value$292K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1089

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 width115 ft

Buildable depth19 ft

Area~4,075 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 4,075 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3203 34TH AVE S MINNEAPOLIS MN 55406	PEGASUS TRUST AGREEMENT	RESIDENTIAL	$399,600	60 ft
3211 34TH AVE S MINNEAPOLIS MN 55406	MARY B BREHER	RESIDENTIAL	$300,000	110 ft
3153 34TH AVE S MINNEAPOLIS MN 55406	J MARKHAM & K M D ADAMS	RESIDENTIAL-TWO UNIT	$478,400	119 ft
3200 35TH AVE S MINNEAPOLIS MN 55406	P F ALLEN & ROSE H ALLEN	RESIDENTIAL	$338,000	142 ft
3204 35TH AVE S MINNEAPOLIS MN 55406	DOROTHY A JORDAN	RESIDENTIAL	$299,700	145 ft
3215 34TH AVE S MINNEAPOLIS MN 55406	NOAH NELSON	RESIDENTIAL-TWO UNIT	$420,800	150 ft
3208 35TH AVE S MINNEAPOLIS MN 55406	E MONTPELLIER & K MEAUX	RESIDENTIAL	$296,300	157 ft
3412 32ND ST E MINNEAPOLIS MN 55406	KATHLEEN E HARTZLER	RESIDENTIAL	$213,100	158 ft
3149 34TH AVE S MINNEAPOLIS MN 55406	MARTHA GEORGE MEEK	RESIDENTIAL-TWO UNIT	$343,200	166 ft
3210 35TH AVE S MINNEAPOLIS MN 55406	BRADLEY WESTERBERG	RESIDENTIAL	$283,200	178 ft

Property History

Most Recent Sale

Date201007

Price$208,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,944