3557 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823310033

Property Overview

Parcel ID0602823310033

Lot Size3,126 sq ft (0.072 ac)

Lot Dimensions (est.)129 ft wide × 24 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerPHYLLISS M & ROBERT MICHAELS

Assessed Value$233,600

Land Value$96,000

Building Value$137,600

Annual Tax$3,258

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · $8K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$8K

RNR CONSTRUCTION

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Howe · 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 width116 ft

Buildable depth0 ft

Area~999 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 sfr / adu benchmarks for 999 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3555 34TH AVE S MINNEAPOLIS MN 55406	JOSHUA C FU & ANA F GUZMAN	RESIDENTIAL	$428,500	32 ft
3551 34TH AVE S MINNEAPOLIS MN 55406	RACHAEL FUNK/DARREN ROSARIO	RESIDENTIAL	$320,300	72 ft
3601 34TH AVE S MINNEAPOLIS MN 55406	J SCHULTZ & C MAGILL-CUERDEN	RESIDENTIAL	$300,500	99 ft
3547 34TH AVE S MINNEAPOLIS MN 55406	E THOMAS & N FOWLER	RESIDENTIAL	$355,800	112 ft
3605 34TH AVE S MINNEAPOLIS MN 55406	COLLEEN V PUENT	RESIDENTIAL	$316,600	139 ft
3556 35TH AVE S MINNEAPOLIS MN 55406	R R LEWANDOWSKI/A G MURRILL	RESIDENTIAL	$298,500	144 ft
3554 35TH AVE S MINNEAPOLIS MN 55406	ANTON K SCHNEIDER	RESIDENTIAL	$305,500	149 ft
3541 34TH AVE S MINNEAPOLIS MN 55406	CHAD M KROELLS	RESIDENTIAL	$292,300	152 ft
3548 35TH AVE S MINNEAPOLIS MN 55406	ASHLEY KASTENDICK	RESIDENTIAL	$261,200	162 ft
3600 35TH AVE S MINNEAPOLIS MN 55406	BARBARA E SHEGSTAD REV TRUST	RESIDENTIAL	$348,300	176 ft

Property History

Most Recent Sale

Date199403

Price$1

Type—

Current Tax Year

Year2026

Tax Due$3,258