3560 38TH AVE S MINNEAPOLIS MN 55406

PID: 0602823310062

Property Overview

Parcel ID0602823310062

Lot Size5,237 sq ft (0.120 ac)

Lot Dimensions (est.)127 ft wide × 41 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerJ M BERGEMANN/J F BERGEMANN

Assessed Value$328,000

Land Value$127,000

Building Value$201,000

Annual Tax$4,839

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $7K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$5K

Paris Roofing LLC

ExistresNov 2022Closed

Standard Heating and Air Conditioning Inc

ResFeb 2020Closed

CenterPoint Energy Resource Corp

RemodelAug 2018Closed

$2K

CAPELLA CONTRACTING LLC DBA MIDWEST EGRESS

ResJan 2017Closed

CHAMPION PLUMBING LLC

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 width114 ft

Buildable depth1 ft

Area~2,456 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 2,456 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3556 38TH AVE S MINNEAPOLIS MN 55406	COLLEEN K BORKE	RESIDENTIAL	$265,100	37 ft
3550 38TH AVE S MINNEAPOLIS MN 55406	MELISSA GREER	RESIDENTIAL	$248,500	73 ft
3600 38TH AVE S MINNEAPOLIS MN 55406	B J HARRISON & S L HARRISON	RESIDENTIAL	$463,100	106 ft
3546 38TH AVE S MINNEAPOLIS MN 55406	CHARLES ANDERSON-WEIR ET AL	RESIDENTIAL	$304,100	113 ft
3557 37TH AVE S MINNEAPOLIS MN 55406	G SCHWARTZ & O H SCHWARTZ	RESIDENTIAL	$288,700	141 ft
3555 37TH AVE S MINNEAPOLIS MN 55406	AARON FRENCH/MALLORY FRENCH	RESIDENTIAL	$458,400	144 ft
3604 38TH AVE S MINNEAPOLIS MN 55406	HILJA P NJOES	RESIDENTIAL	$320,100	147 ft
3800 36TH ST E MINNEAPOLIS MN 55406	J W NJOES & A S NJOES	RESIDENTIAL-TWO UNIT	$329,100	151 ft
3540 38TH AVE S MINNEAPOLIS MN 55406	ERIC FRAHM/MEGHAN GROSSMAN	RESIDENTIAL	$281,200	153 ft
3551 37TH AVE S MINNEAPOLIS MN 55406	L A SUNDELIUS & K M OUSKA	RESIDENTIAL	$409,600	157 ft

Property History

Most Recent Sale

Date199809

Price$95,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,839