3700 37TH AVE S MINNEAPOLIS MN 55406

PID: 0602823340071

Property Overview

Parcel ID0602823340071

Lot Size6,594 sq ft (0.151 ac)

Lot Dimensions (est.)128 ft wide × 52 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerL TSAKISTOS & A TSAKISTOS

Assessed Value$368,300

Land Value$141,000

Building Value$227,300

Annual Tax$5,513

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $58K total declared value · Most recent: Aug 2025 (accessory)

AccessoryAug 2025Closed

$50K

MAINTENANCE FREE MINNESOTA INC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

MiscJan 2019Closed

$8K

RENEWAL BY ANDERSEN CORP

ResNov 2017Closed

MN PLUMBING AND APPLIANCES

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,217/mo

Renter-occupied9.9%

Median home value$292K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1089

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

Estimated · verify frontage

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 width115 ft

Buildable depth12 ft

Area~1,337 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 1,337 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3704 37TH AVE S MINNEAPOLIS MN 55406	A W FRANCISCO/C R BLOHOWIAK	RESIDENTIAL	$386,000	51 ft
3708 37TH AVE S MINNEAPOLIS MN 55406	JACK YOUNG/KATHERINE B CANON	RESIDENTIAL	$260,000	98 ft
3660 37TH AVE S MINNEAPOLIS MN 55406	E A INCE & M M MERRYMAN	RESIDENTIAL	$377,700	112 ft
3712 37TH AVE S MINNEAPOLIS MN 55406	P H M GROVE & B J H GROVE	RESIDENTIAL	$242,600	139 ft
3701 36TH AVE S MINNEAPOLIS MN 55406	JEFFREY D MCGHAN	RESIDENTIAL	$412,500	139 ft
3705 36TH AVE S MINNEAPOLIS MN 55406	P K SPUIT & K J KIRK	RESIDENTIAL	$187,300	150 ft
3656 37TH AVE S MINNEAPOLIS MN 55406	S E & C M JOHNSON	RESIDENTIAL	$335,400	154 ft
3709 36TH AVE S MINNEAPOLIS MN 55406	AMANDA J PETERSON	RESIDENTIAL	$243,600	175 ft
3661 36TH AVE S MINNEAPOLIS MN 55406	DALE HUDOBA & MICHAEL COYLE	RESIDENTIAL	$557,000	178 ft
3716 37TH AVE S MINNEAPOLIS MN 55406	DUANE G STAVE	RESIDENTIAL	$261,300	181 ft

Property History

Most Recent Sale

Date201405

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,513