3637 MINNEHAHA AVE MINNEAPOLIS MN 55406

PID: 0602823330089

Property Overview

Parcel ID0602823330089

Lot Size5,194 sq ft (0.119 ac)

Lot Dimensions (est.)133 ft wide × 39 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerA J SCHANBACK/M T SCHANBACK

Assessed Value$276,900

Land Value$92,000

Building Value$184,900

Annual Tax$4,307

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2020 · $57K total declared value · Most recent: Feb 2025 (res)

ResFeb 2025Inspection

Warners Stellian Co Inc

RemodelJan 2024Expired

$40K

CASTLE BUILDING & REMODELING INC

ResDec 2023Closed

A Johnson Plumbing Inc

ExistresDec 2023Closed

4Front Energy Solutions Inc

ExistresNov 2023Closed

Standard Heating and Air Conditioning 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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth90 ft

Area~2,695 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 2,695 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3641 MINNEHAHA AVE MINNEAPOLIS MN 55406	C J & A L DOBBINS	RESIDENTIAL	$242,800	40 ft
3633 MINNEHAHA AVE MINNEAPOLIS MN 55406	ANNIE L VORE	RESIDENTIAL	$254,500	40 ft
3645 MINNEHAHA AVE MINNEAPOLIS MN 55406	DERRICK CAIN & ANITA CAIN	RESIDENTIAL	$244,700	80 ft
3629 MINNEHAHA AVE MINNEAPOLIS MN 55406	CITY OF LAKES COMM LAND TRST	—	$284,600	80 ft
3649 MINNEHAHA AVE MINNEAPOLIS MN 55406	COLEEN A MCCONNELL	RESIDENTIAL	$312,900	120 ft
3625 MINNEHAHA AVE MINNEAPOLIS MN 55406	S C HOFFMAN & S E HOFFMAN	RESIDENTIAL	$254,600	120 ft
3653 MINNEHAHA AVE MINNEAPOLIS MN 55406	RICO BARRIENTEZ	RESIDENTIAL	$275,600	160 ft
3621 MINNEHAHA AVE MINNEAPOLIS MN 55406	STEADY PROPERTIES LLC	RESIDENTIAL	$276,200	160 ft
3624 33RD AVE S MINNEAPOLIS MN 55406	TERESA A MEDO	RESIDENTIAL	$328,600	161 ft
3620 33RD AVE S MINNEAPOLIS MN 55406	D CAMPBELL & K CAMPBELL	RESIDENTIAL-TWO UNIT	$383,800	162 ft

Property History

Most Recent Sale

Date200204

Price$183,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,307