3338 37TH AVE S MINNEAPOLIS MN 55406

PID: 0602823240114

Property Overview

Parcel ID0602823240114

Lot Size7,661 sq ft (0.176 ac)

Lot Dimensions (est.)127 ft wide × 60 ft deep

Year Built1922

Property ClassRESIDENTIAL-TWO UNIT

OwnerLEIF OVE & REBECCA LYNN PIHL

Assessed Value$501,700

Land Value$149,000

Building Value$352,700

Annual Tax$8,080

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2018 · $163K total declared value · Most recent: Dec 2025 (remodel)

RemodelDec 2025Closed

$3K

EGRESS WINDOW GUY

ResOct 2023Closed

Urban Pine Plumbing and Mechanical Inc

ExistresJul 2021Closed

Mike's Custom Mechanical Inc

ResOct 2020Closed

Able Plumbing LLC

ResDec 2019Closed

Versant Plumbing Co

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 width50 ft

Buildable depth88 ft

Area~4,382 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 4,382 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3336 37TH AVE S MINNEAPOLIS MN 55406	M G SWEET & B A BARBERG	RESIDENTIAL	$323,000	50 ft
3346 37TH AVE S MINNEAPOLIS MN 55406	CARLOS B HOLSTROM-SABO ET AL	RESIDENTIAL	$455,100	60 ft
3328 37TH AVE S MINNEAPOLIS MN 55406	STEPHANIE L FORD	RESIDENTIAL	$360,100	90 ft
3350 37TH AVE S MINNEAPOLIS MN 55406	THOMAS BOGGS & SUSAN BOGGS	RESIDENTIAL	$275,200	110 ft
3326 37TH AVE S MINNEAPOLIS MN 55406	K L HUI/C G C SAN JUAN	RESIDENTIAL	$404,000	130 ft
3339 36TH AVE S MINNEAPOLIS MN 55406	RUTH JOANNE CURTIS TRUST	RESIDENTIAL	$353,300	142 ft
3343 36TH AVE S MINNEAPOLIS MN 55406	J & G SUTHERLAND	RESIDENTIAL	$327,000	144 ft
3356 37TH AVE S MINNEAPOLIS MN 55406	THOMAS M & KATHLEEN M MILLER	RESIDENTIAL	$293,500	145 ft
3335 36TH AVE S MINNEAPOLIS MN 55406	P MARTINEZ & E SHEARER	RESIDENTIAL	$342,300	151 ft
3345 36TH AVE S MINNEAPOLIS MN 55406	STEVEN J WEEKS ET AL	TRIPLEX	$397,900	156 ft

Property History

Most Recent Sale

Date201901

Price$434,500

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$8,080