3544 34TH AVE S MINNEAPOLIS MN 55406

PID: 0602823320034

Property Overview

Parcel ID0602823320034

Lot Size5,704 sq ft (0.131 ac)

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

Year Built1914

Property Class—

OwnerCITY/LAKES COMMUNITY LAND TR

Assessed Value$351,700

Land Value$133,000

Building Value$218,700

Annual Tax$3,910

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $70K total declared value · Most recent: Mar 2019 (comnofdbv)

ComnofdbvMar 2019Closed

Ike's Plumbing & Drain Cleaning Inc

ResMar 2019Closed

Ray N Welter Heating Co

TempheatMar 2019Closed

Ray N Welter Heating Co

ExistresMar 2019Closed

Ray N Welter Heating Co

RemodelFeb 2019Closed

$70K

JOHN AISH INC

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 depth103 ft

Area~3,077 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 3,077 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3540 34TH AVE S MINNEAPOLIS MN 55406	P D HERWIG & J J ILSE	RESIDENTIAL-TWO UNIT	$394,400	40 ft
3548 34TH AVE S MINNEAPOLIS MN 55406	J NEVINS & T HANLON-NEVINS	RESIDENTIAL	$366,000	51 ft
3534 34TH AVE S MINNEAPOLIS MN 55406	CATHERINE J BENSON	RESIDENTIAL	$248,900	80 ft
3316 36TH ST E MINNEAPOLIS MN 55406	D HEITJE-FELBECK/B MCNAMARA	RESIDENTIAL	$331,400	105 ft
3532 34TH AVE S MINNEAPOLIS MN 55406	KATHERINE M PEARSON	RESIDENTIAL	$332,200	120 ft
3545 33RD AVE S MINNEAPOLIS MN 55406	K HONEK AND D THAMMAVONGSA	RESIDENTIAL	$429,900	155 ft
3528 34TH AVE S MINNEAPOLIS MN 55406	PAUL J & MALIA N OESTERREICH	RESIDENTIAL	$334,500	160 ft
3541 33RD AVE S MINNEAPOLIS MN 55406	P M MICHAELS & R M MICHAELS	RESIDENTIAL-TWO UNIT	$407,800	160 ft
3549 33RD AVE S MINNEAPOLIS MN 55406	N E HAKEL & A C HAKEL	RESIDENTIAL	$346,300	161 ft
3537 33RD AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	174 ft

Property History

Most Recent Sale

Date202103

Price$193,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,910