3501 33RD AVE S MINNEAPOLIS MN 55406

PID: 0602823320050

Property Overview

Parcel ID0602823320050

Lot Size6,330 sq ft (0.145 ac)

Lot Dimensions (est.)141 ft wide × 45 ft deep

Year Built1906

Property ClassRESIDENTIAL-TWO UNIT

OwnerDYLAN OLSON-COLE ET AL

Assessed Value$449,400

Land Value$138,000

Building Value$311,400

Annual Tax$9,116

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $70K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$20K

True North Roofing LLC

ResApr 2023Expired

Master Plumbing Services LLC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ExistresOct 2018Closed

McQuillan Bros Plumbing Heating & AC LLC

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,037/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 width128 ft

Buildable depth5 ft

Area~3,221 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 3,221 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3505 33RD AVE S MINNEAPOLIS MN 55406	KATI R & DUSTIN L HAUER	RESIDENTIAL	$312,100	43 ft
3509 33RD AVE S MINNEAPOLIS MN 55406	FRANCES W LAWSON	RESIDENTIAL	$256,200	93 ft
3455 33RD AVE S MINNEAPOLIS MN 55406	IH2 PROPERTY ILLINOIS LP	RESIDENTIAL	$353,200	104 ft
3449 33RD AVE S MINNEAPOLIS MN 55406	MARY E CATHERWOOD	RESIDENTIAL-TWO UNIT	$444,000	144 ft
3515 33RD AVE S MINNEAPOLIS MN 55406	NATALIE BRAUER/DANIEL BRAUER	RESIDENTIAL	$556,700	153 ft
3500 34TH AVE S MINNEAPOLIS MN 55406	JO ANN M ARTHUR A MARSON	RESIDENTIAL-TWO UNIT	$419,200	154 ft
3504 34TH AVE S MINNEAPOLIS MN 55406	SHAWN WALDING/RACHEL WALDING	RESIDENTIAL	$411,700	160 ft
3510 34TH AVE S MINNEAPOLIS MN 55406	KAPLAN/CAMPBELL FAMILY TRUST	RESIDENTIAL	$485,000	174 ft
3445 33RD AVE S MINNEAPOLIS MN 55406	LINDA M VALERIAN	RESIDENTIAL	$315,900	182 ft
3460 34TH AVE S MINNEAPOLIS MN 55406	EMILY S GREENE	RESIDENTIAL	$266,700	187 ft

Property History

Most Recent Sale

Date201706

Price$325,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,116