3214 37TH AVE S MINNEAPOLIS MN 55406

PID: 0602823240069

Property Overview

Parcel ID0602823240069

Lot Size5,078 sq ft (0.117 ac)

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

Year Built1921

Property ClassRESIDENTIAL

OwnerSUSAN M BYRNE

Assessed Value$317,300

Land Value$126,000

Building Value$191,300

Annual Tax$4,659

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2023 · $26K total declared value · Most recent: Dec 2025 (misc)

MiscDec 2025Closed

$3K

ALL AROUND PROPERTY PRESERVATION

MiscSep 2024Closed

$500

Twin City Roofing Construction Specialist Inc

AdditionJul 2024Closed

$12K

Susan M Byrne

MiscSep 2023Closed

$11K

TODAYS EXTERIORS INC

ResJul 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 rent1,217/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 depth87 ft

Area~2,610 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 2,610 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3210 37TH AVE S MINNEAPOLIS MN 55406	MICHAEL D KALLEVIG	RESIDENTIAL	$316,000	40 ft
3218 37TH AVE S MINNEAPOLIS MN 55406	C HUGHES & M A HANSEN	RESIDENTIAL	$358,600	40 ft
3220 37TH AVE S MINNEAPOLIS MN 55406	CATHERINE LYNN LINDSEY	RESIDENTIAL	$303,000	79 ft
3208 37TH AVE S MINNEAPOLIS MN 55406	AKY GROUP LLC	RESIDENTIAL	$157,000	80 ft
3204 37TH AVE S MINNEAPOLIS MN 55406	A M MURRAY & J A SCHUETZ	RESIDENTIAL	$272,500	119 ft
3224 37TH AVE S MINNEAPOLIS MN 55406	DEE A MORELAND	RESIDENTIAL	$273,400	119 ft
3215 36TH AVE S MINNEAPOLIS MN 55406	JEFFREY DAVID CLEMENT	RESIDENTIAL	$415,400	143 ft
3211 36TH AVE S MINNEAPOLIS MN 55406	KATHLEEN FLOBERG	RESIDENTIAL	$293,000	147 ft
3200 37TH AVE S MINNEAPOLIS MN 55406	K J DALEY & N G DALEY	RESIDENTIAL	$329,300	159 ft
3207 36TH AVE S MINNEAPOLIS MN 55406	E M W NELSON & G SAKOWSKI	RESIDENTIAL	$305,500	162 ft

Property History

Most Recent Sale

Date199303

Price$63,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,659