3313 37TH AVE S MINNEAPOLIS MN 55406

PID: 0602823240128

Property Overview

Parcel ID0602823240128

Lot Size5,111 sq ft (0.117 ac)

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

Year Built1909

Property ClassRESIDENTIAL-TWO UNIT

OwnerH & H REAL ESTATE LLC

Assessed Value$363,900

Land Value$126,000

Building Value$237,900

Annual Tax$6,976

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $15K total declared value · Most recent: Nov 2025 (misc)

MiscNov 2025Final Inspection

$3K

BIG BOX CONSTRUCTION

ResMay 2022Closed

CenterPoint Energy Resource Corp

ResMay 2022Closed

CenterPoint Energy Resource Corp

MiscJun 2018Closed

$12K

LITHANDER PROPERTY SERVICES 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,632 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 2,632 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
3311 37TH AVE S MINNEAPOLIS MN 55406	TED ANDREW TROLSON	RESIDENTIAL	$273,400	38 ft
3317 37TH AVE S MINNEAPOLIS MN 55406	P R KILDE JR & J H KILDE	RESIDENTIAL	$352,900	40 ft
3307 37TH AVE S MINNEAPOLIS MN 55406	MICHAEL A SMITH	RESIDENTIAL	$342,300	75 ft
3321 37TH AVE S MINNEAPOLIS MN 55406	A SCHABERG & J SCHABERG	RESIDENTIAL	$332,800	80 ft
3325 37TH AVE S MINNEAPOLIS MN 55406	S M DAVIES & A R DAVIES	RESIDENTIAL	$295,200	120 ft
3301 37TH AVE S MINNEAPOLIS MN 55406	ERIC A WARME	RESIDENTIAL-TWO UNIT	$408,200	134 ft
3316 38TH AVE S MINNEAPOLIS MN 55406	BARBARA R OTOS	RESIDENTIAL	$347,200	141 ft
3312 38TH AVE S MINNEAPOLIS MN 55406	N R HILL & R M CAHOON	RESIDENTIAL	$322,400	146 ft
3318 38TH AVE S MINNEAPOLIS MN 55406	HOUA YANG & CHRISTINA S VANG	RESIDENTIAL	$670,000	147 ft
3329 37TH AVE S MINNEAPOLIS MN 55406	ANNA GUILFOIL/ PATRICK HOPPE	RESIDENTIAL	$363,200	160 ft

Property History

Most Recent Sale

Date201511

Price$188,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,976