3300 37TH AVE S MINNEAPOLIS MN 55406

PID: 0602823240124

Property Overview

Parcel ID0602823240124

Lot Size4,790 sq ft (0.110 ac)

Lot Dimensions (est.)128 ft wide × 38 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerRUTH A LEWIS

Assessed Value$217,000

Land Value$122,000

Building Value$95,000

Annual Tax$3,545

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $6K total declared value · Most recent: Mar 2024 (misc)

MiscMar 2024Expired

$6K

AUSTAD CONSTRUCTION INC

ResFeb 2024Expired

Urban Pine Plumbing and Mechanical 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

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 depth0 ft

Area~2,150 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,150 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3304 37TH AVE S MINNEAPOLIS MN 55406	LAURA D COOPER	RESIDENTIAL	$252,300	39 ft
3308 37TH AVE S MINNEAPOLIS MN 55406	LAURA YOUNG & SUSAN PURDIE	RESIDENTIAL	$337,000	79 ft
3250 37TH AVE S MINNEAPOLIS MN 55406	M A BESKE & J P BESKE	RESIDENTIAL	$285,300	104 ft
3310 37TH AVE S MINNEAPOLIS MN 55406	JOHN RUSSELL KNUTSON JR	RESIDENTIAL	$391,400	119 ft
3301 36TH AVE S MINNEAPOLIS MN 55406	JENNIFER L HARDING	RESIDENTIAL	$281,600	141 ft
3246 37TH AVE S MINNEAPOLIS MN 55406	M J WHEELER & L M WHEELER	RESIDENTIAL	$358,100	143 ft
3305 36TH AVE S MINNEAPOLIS MN 55406	ANDREW FROM & ANDREA FROM	RESIDENTIAL	$310,200	147 ft
3314 37TH AVE S MINNEAPOLIS MN 55406	K A FELICIANO/R A FELICIANO	RESIDENTIAL	$286,000	159 ft
3309 36TH AVE S MINNEAPOLIS MN 55406	ELIA READ & CEDAR WEYKER	RESIDENTIAL	$280,700	163 ft
3255 36TH AVE S MINNEAPOLIS MN 55406	K R WILCZEK & K L MANDLER	RESIDENTIAL	$303,400	174 ft

Property History

Most Recent Sale

Date198409

Price$49,300

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,545