3235 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823240014

Property Overview

Parcel ID0602823240014

Lot Size5,143 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerJ S SCHARLATT & J D FAGEN

Assessed Value$309,100

Land Value$126,000

Building Value$183,100

Annual Tax$4,785

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $24K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$7K

TRINITY EXTERIORS INC

MiscJul 2024Closed

$6K

TRINITY EXTERIORS INC

ResApr 2023Closed

CenterPoint Energy Resource Corp

MiscSep 2019Cancelled

$7K

BAC CONSTRUCTION SERVICES LLC

ResFeb 2019Closed

Urban Pine Plumbing and Mechanical Inc

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

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,217/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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,655 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 2,655 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3241 34TH AVE S MINNEAPOLIS MN 55406	M R JEFFERIS & R L LEISTICO	RESIDENTIAL	$261,800	41 ft
3231 34TH AVE S MINNEAPOLIS MN 55406	DANIEL MORALES	RESIDENTIAL	$328,800	43 ft
3245 34TH AVE S MINNEAPOLIS MN 55406	SARAH M MAHER	RESIDENTIAL	$323,700	84 ft
3229 34TH AVE S MINNEAPOLIS MN 55406	NATALIE CATHERINE HART	RESIDENTIAL	$309,100	87 ft
3227 34TH AVE S MINNEAPOLIS MN 55406	IH2 PROPERTY ILLINOIS LP	RESIDENTIAL	$319,000	126 ft
3253 34TH AVE S MINNEAPOLIS MN 55406	R TEAGUE & M BECKMAN	RESIDENTIAL	$349,300	139 ft
3238 35TH AVE S MINNEAPOLIS MN 55406	LORA A JONES	RESIDENTIAL	$309,200	142 ft
3242 35TH AVE S MINNEAPOLIS MN 55406	CHERYL WALSH/MICHAEL WALSH	RESIDENTIAL	$339,000	145 ft
3234 35TH AVE S MINNEAPOLIS MN 55406	ERIC J PETERSON	RESIDENTIAL	$365,900	149 ft
3246 35TH AVE S MINNEAPOLIS MN 55406	A HAHAWAY & L R ANDERSON	RESIDENTIAL	$344,900	159 ft

Property History

Most Recent Sale

Date202010

Price$292,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,785