3401 31ST AVE S MINNEAPOLIS MN 55406

PID: 0602823320169

Property Overview

Parcel ID0602823320169

Lot Size5,702 sq ft (0.131 ac)

Lot Dimensions (est.)140 ft wide × 41 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerHALPERT & DESCHANES REV TR

Assessed Value$352,700

Land Value$126,000

Building Value$226,700

Annual Tax$5,460

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

13 permits on record since 2019 · $41K total declared value · Most recent: May 2026 (res)

ResMay 2026Inspection

Hurlburt Heating & Plumbing

ResMay 2026Inspection

Hurlburt Heating & Plumbing

ExistresApr 2026Closed

TEAM MECHANICAL INC

RemodelDec 2025Closed

$4K

ALL ENERGY SOLAR INC

ExistresSep 2025Closed

David Halpert

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 width127 ft

Buildable depth1 ft

Area~2,772 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 2,772 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3405 31ST AVE S MINNEAPOLIS MN 55406	R BRIDWELL/R SMITH-SWEETSER	RESIDENTIAL	$229,500	42 ft
3409 31ST AVE S MINNEAPOLIS MN 55406	JOANNE KAY TOMLANOVICH	RESIDENTIAL	$271,500	84 ft
3353 31ST AVE S MINNEAPOLIS MN 55406	S L & L K PARKER	RESIDENTIAL	$297,900	121 ft
3415 31ST AVE S MINNEAPOLIS MN 55406	MADONNA J QUAST	RESIDENTIAL	$326,500	125 ft
3400 32ND AVE S MINNEAPOLIS MN 55406	H G ANDERSON & K M KETTERING	RESIDENTIAL	$389,700	154 ft
3404 32ND AVE S MINNEAPOLIS MN 55406	BRYNN STANTON ARENS	RESIDENTIAL	$357,100	159 ft
3349 31ST AVE S MINNEAPOLIS MN 55406	STEVEN M PETERSON	RESIDENTIAL	$315,200	163 ft
3417 31ST AVE S MINNEAPOLIS MN 55406	DOUG A BAARDSON SUBJ/LE	RESIDENTIAL	$330,000	167 ft
3408 32ND AVE S MINNEAPOLIS MN 55406	B D HELMSTETTER ET AL	RESIDENTIAL	$316,600	174 ft
3400 31ST AVE S MINNEAPOLIS MN 55406	B M ANDERSON & A A ANDERSON	RESIDENTIAL	$286,200	175 ft

Property History

Most Recent Sale

Date202408

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,460