3401 33RD AVE S MINNEAPOLIS MN 55406

PID: 0602823320001

Property Overview

Parcel ID0602823320001

Lot Size5,398 sq ft (0.124 ac)

Lot Dimensions (est.)135 ft wide × 40 ft deep

Year Built1929

Property ClassRESIDENTIAL-TWO UNIT

OwnerSHAHRAM & NANETTE MISSAGHI

Assessed Value$360,600

Land Value$130,000

Building Value$230,600

Annual Tax$6,849

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $15K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$15K

FIRST IMPRESSIONS EXTERIORS

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ResSep 2017Closed

MN PLUMBING AND APPLIANCES

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,037/mo

Renter-occupied58.5%

Median home value$302K

Vacancy rate13.8%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1088

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 width122 ft

Buildable depth0 ft

Area~2,563 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 2,563 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3405 33RD AVE S MINNEAPOLIS MN 55406	MICHAEL W & & ANITA WRIGHT	RESIDENTIAL	$302,500	49 ft
3411 33RD AVE S MINNEAPOLIS MN 55406	GARY M MORRIS	RESIDENTIAL	$261,700	97 ft
3315 34TH ST E MINNEAPOLIS MN 55406	SALLY MILLER	RESIDENTIAL	$312,300	101 ft
3353 33RD AVE S MINNEAPOLIS MN 55406	K K SCHAUER & S MOLINE	RESIDENTIAL-TWO UNIT	$418,000	121 ft
3319 34TH ST E MINNEAPOLIS MN 55406	MICHELLE COLLINS	RESIDENTIAL	$337,000	137 ft
3415 33RD AVE S MINNEAPOLIS MN 55406	KARL FAST & SAMANTHA B FAST	RESIDENTIAL	$346,500	140 ft
3349 33RD AVE S MINNEAPOLIS MN 55406	A J MUELLER & M E HADLEY	RESIDENTIAL	$294,000	163 ft
3417 33RD AVE S MINNEAPOLIS MN 55406	S SEEMANN & P K SHRIVER	RESIDENTIAL	$326,500	188 ft
3321 34TH ST E MINNEAPOLIS MN 55406	MARK ANDREWS/COLLEEN O'BRIEN	RESIDENTIAL-TWO UNIT	$419,000	189 ft
3352 34TH AVE S MINNEAPOLIS MN 55406	G H BROSOFSKE & L R WIRES	RESIDENTIAL	$487,900	198 ft

Property History

Most Recent Sale

Date201601

Price$214,320

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,849