3701 37TH AVE S MINNEAPOLIS MN 55406

PID: 0602823340112

Property Overview

Parcel ID0602823340112

Lot Size5,344 sq ft (0.123 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerMETTI C SHANK

Assessed Value$355,200

Land Value$128,000

Building Value$227,200

Annual Tax$5,294

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2020 · $166K total declared value · Most recent: Sep 2024 (existres)

ExistresSep 2024Closed

SWIFT HEATING & AIR CONDITIONING INC

RemodelAug 2024Closed

$24K

Baker Built Construction

ExistresJul 2023Closed

WOODLAND STOVES & FIREPLACES

RemodelApr 2022Closed

$3K

SOLCIUS

ExistresMay 2021Closed

J and A Mechanical LLC

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 depth2 ft

Area~214 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

Marginal

Back-of-envelope estimate based on sfr / adu benchmarks for 214 sqft buildable area.

Est. units

Yield on cost

5.7%

Spread

+0.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3705 37TH AVE S MINNEAPOLIS MN 55406	NOAH HERMAN	RESIDENTIAL	$222,800	41 ft
3709 37TH AVE S MINNEAPOLIS MN 55406	D G BRAATEN & T M BRAATEN	RESIDENTIAL	$232,000	82 ft
3661 37TH AVE S MINNEAPOLIS MN 55406	J M PETROVITCH/R A PARDINI	RESIDENTIAL	$303,500	108 ft
3711 37TH AVE S MINNEAPOLIS MN 55406	TYLER COLLINS & IVAN FARR	RESIDENTIAL	$258,200	124 ft
3700 38TH AVE S MINNEAPOLIS MN 55406	KRISTEN L HOWELL	RESIDENTIAL	$324,500	139 ft
3657 37TH AVE S MINNEAPOLIS MN 55406	DOUGLAS M RIGERT	RESIDENTIAL	$273,500	149 ft
3704 38TH AVE S MINNEAPOLIS MN 55406	LESLEE A BAYERL	RESIDENTIAL	$237,900	149 ft
3715 37TH AVE S MINNEAPOLIS MN 55406	BARBARA EDWARDS	RESIDENTIAL	$272,500	165 ft
3708 38TH AVE S MINNEAPOLIS MN 55406	R POLZIN & R ERPELDING	RESIDENTIAL	$330,200	175 ft
3660 38TH AVE S MINNEAPOLIS MN 55406	D J STEIN & L M STUDER	RESIDENTIAL	$298,200	178 ft

Property History

Most Recent Sale

Date201305

Price$145,009

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,294