3534 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823320032

Property Overview

Parcel ID0602823320032

Lot Size5,692 sq ft (0.131 ac)

Lot Dimensions (est.)142 ft wide × 40 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerCATHERINE J BENSON

Assessed Value$248,900

Land Value$133,000

Building Value$115,900

Annual Tax$3,515

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $31K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$18K

NEW LIFE CONTRACTING INC

MiscMar 2024Closed

$13K

NEW LIFE CONTRACTING INC

ResApr 2022Closed

SODERLIN PLUMBING HEATING AND AIR

ResFeb 2020Closed

CenterPoint Energy Resource Corp

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth102 ft

Area~3,068 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 3,068 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3532 34TH AVE S MINNEAPOLIS MN 55406	KATHERINE M PEARSON	RESIDENTIAL	$332,200	40 ft
3540 34TH AVE S MINNEAPOLIS MN 55406	P D HERWIG & J J ILSE	RESIDENTIAL-TWO UNIT	$394,400	40 ft
3528 34TH AVE S MINNEAPOLIS MN 55406	PAUL J & MALIA N OESTERREICH	RESIDENTIAL	$334,500	80 ft
3544 34TH AVE S MINNEAPOLIS MN 55406	CITY/LAKES COMMUNITY LAND TR	—	$351,700	80 ft
3524 34TH AVE S MINNEAPOLIS MN 55406	L E CHRISTIAN/G A CHRISTIAN	RESIDENTIAL	$287,000	120 ft
3548 34TH AVE S MINNEAPOLIS MN 55406	J NEVINS & T HANLON-NEVINS	RESIDENTIAL	$366,000	131 ft
3537 33RD AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	155 ft
3533 33RD AVE S MINNEAPOLIS MN 55406	AMY E MARRON	RESIDENTIAL-TWO UNIT	$332,900	159 ft
3520 34TH AVE S MINNEAPOLIS MN 55406	M & M MCMAHON	RESIDENTIAL	$342,400	160 ft
3541 33RD AVE S MINNEAPOLIS MN 55406	P M MICHAELS & R M MICHAELS	RESIDENTIAL-TWO UNIT	$407,800	160 ft

Property History

Most Recent Sale

Date198305

Price$50,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,515