3625 33RD AVE S MINNEAPOLIS MN 55406

PID: 0602823330056

Property Overview

Parcel ID0602823330056

Lot Size5,613 sq ft (0.129 ac)

Lot Dimensions (est.)140 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerERIK HANSEN

Assessed Value$293,500

Land Value$132,000

Building Value$161,500

Annual Tax$4,261

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $24K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$19K

eRoof LLC

MiscMar 2022Closed

$5K

Thomas Seemon Enterprises

ResDec 2021Closed

Warners Stellian Co Inc

ExistresJul 2021Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

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 depth100 ft

Area~3,010 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 3,010 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3629 33RD AVE S MINNEAPOLIS MN 55406	DZHAKHAN GUSEYNOVA	RESIDENTIAL-TWO UNIT	$354,500	40 ft
3621 33RD AVE S MINNEAPOLIS MN 55406	ELEANOR MILLER	RESIDENTIAL	$281,700	40 ft
3633 33RD AVE S MINNEAPOLIS MN 55406	BENJAMIN LEICHT	RESIDENTIAL-TWO UNIT	$351,800	80 ft
3617 33RD AVE S MINNEAPOLIS MN 55406	E E SISLER/D M SISLER REV TR	RESIDENTIAL	$303,000	80 ft
3637 33RD AVE S MINNEAPOLIS MN 55406	SUSAN E NYHUS	RESIDENTIAL	$277,900	120 ft
3615 33RD AVE S MINNEAPOLIS MN 55406	A GOLDSCHMIDT & I ROMANSKY	RESIDENTIAL	$479,600	120 ft
3624 34TH AVE S MINNEAPOLIS MN 55406	ANNALISE DOBBELSTEIN	RESIDENTIAL	$315,500	154 ft
3628 34TH AVE S MINNEAPOLIS MN 55406	COLLEEN & GRADY GARMAN	RESIDENTIAL	$310,800	159 ft
3620 34TH AVE S MINNEAPOLIS MN 55406	CARL J WILD	RESIDENTIAL	$319,200	160 ft
3641 33RD AVE S MINNEAPOLIS MN 55406	JAY C HALSNE	RESIDENTIAL	$279,000	160 ft

Property History

Most Recent Sale

Date200412

Price$187,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,261