3300 38TH AVE S MINNEAPOLIS MN 55406

PID: 0602823240152

Property Overview

Parcel ID0602823240152

Lot Size4,791 sq ft (0.110 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerBARRY A ROBERTSON ET AL

Assessed Value$335,600

Land Value$122,000

Building Value$213,600

Annual Tax$5,463

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · $9K total declared value · Most recent: May 2025 (remodel)

RemodelMay 2025Closed

$9K

DERCON CONSTRUCTION SERVICES INC

ResJun 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
3306 38TH AVE S MINNEAPOLIS MN 55406	J L ORLANDO & K R MAHONEY	RESIDENTIAL	$338,400	39 ft
3308 38TH AVE S MINNEAPOLIS MN 55406	TERESA ANN MURRAY	RESIDENTIAL	$301,600	79 ft
3248 38TH AVE S MINNEAPOLIS MN 55406	AMY R GORDON & EDRIC LYSNE	RESIDENTIAL	$341,000	105 ft
3312 38TH AVE S MINNEAPOLIS MN 55406	N R HILL & R M CAHOON	RESIDENTIAL	$322,400	119 ft
3301 37TH AVE S MINNEAPOLIS MN 55406	ERIC A WARME	RESIDENTIAL-TWO UNIT	$408,200	143 ft
3244 38TH AVE S MINNEAPOLIS MN 55406	JON M COLLIANDER	RESIDENTIAL	$297,000	144 ft
3316 38TH AVE S MINNEAPOLIS MN 55406	BARBARA R OTOS	RESIDENTIAL	$347,200	159 ft
3307 37TH AVE S MINNEAPOLIS MN 55406	MICHAEL A SMITH	RESIDENTIAL	$342,300	163 ft
3249 37TH AVE S MINNEAPOLIS MN 55406	M YOUNG & S J YOUNG REV TR	RESIDENTIAL	$385,700	175 ft
3240 38TH AVE S MINNEAPOLIS MN 55406	SCOTT HOOSTAL & SARAH ROCK	RESIDENTIAL	$335,000	184 ft

Property History

Most Recent Sale

Date198908

Price$66,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,463