3539 32ND AVE S MINNEAPOLIS MN 55406

PID: 0602823320069

Property Overview

Parcel ID0602823320069

Lot Size5,904 sq ft (0.136 ac)

Lot Dimensions (est.)140 ft wide × 42 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerDAVID & CHELSEA BERGLUND

Assessed Value$527,000

Land Value$135,000

Building Value$392,000

Annual Tax$8,254

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2020 · $229K total declared value · Most recent: Jun 2023 (res)

ResJun 2023Closed

FIRESIDE HEARTH AND HOME

ResMay 2023Closed

Binder Heating and Air Conditioning Inc

RemodelMay 2023Closed

$89K

DUBE CONSTRUCTION INC

ResMay 2023Closed

Weld and Sons Plumbing Inc

ResApr 2023Closed

Weld and Sons Plumbing 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 width32 ft

Buildable depth101 ft

Area~3,218 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 3,218 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
3541 32ND AVE S MINNEAPOLIS MN 55406	T & R MITHUN	RESIDENTIAL	$278,300	42 ft
3535 32ND AVE S MINNEAPOLIS MN 55406	MORGAN G ORGAN	RESIDENTIAL	$305,500	42 ft
3543 32ND AVE S MINNEAPOLIS MN 55406	DEMITRIUS ALLEN FENTON	RESIDENTIAL-TWO UNIT	$337,800	84 ft
3531 32ND AVE S MINNEAPOLIS MN 55406	RENOWN RENOVATIONS LLC	RESIDENTIAL	$361,000	84 ft
3549 32ND AVE S MINNEAPOLIS MN 55406	JOHN C SONDAG	RESIDENTIAL-TWO UNIT	$422,000	126 ft
3527 32ND AVE S MINNEAPOLIS MN 55406	KIRA BERGLUND	RESIDENTIAL	$342,300	126 ft
3536 33RD AVE S MINNEAPOLIS MN 55406	S A ANGOVE & S H ANGOVE	RESIDENTIAL	$395,500	154 ft
3532 33RD AVE S MINNEAPOLIS MN 55406	ZOEY BROM-PALKOWSKI	RESIDENTIAL	$302,100	160 ft
3540 33RD AVE S MINNEAPOLIS MN 55406	ALEXANDRA MCLENNAN	RESIDENTIAL	$266,500	160 ft
3523 32ND AVE S MINNEAPOLIS MN 55406	MARIA K THIELING	RESIDENTIAL-TWO UNIT	$386,000	168 ft

Property History

Most Recent Sale

Date202106

Price$325,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,254