3535 38TH AVE S MINNEAPOLIS MN 55406

PID: 0602823420125

Property Overview

Parcel ID0602823420125

Lot Size7,696 sq ft (0.177 ac)

Lot Dimensions (est.)128 ft wide × 60 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerKENDALL PRIOR

Assessed Value$379,300

Land Value$168,000

Building Value$211,300

Annual Tax$5,698

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2019 · $7K total declared value · Most recent: May 2024 (res)

ResMay 2024Closed

Warners Stellian Co Inc

ResAug 2023Closed

Warners Stellian Co Inc

ExistresNov 2021Closed

CENTERPOINT ENERGY

MiscFeb 2021Closed

$3K

JACK PIXLEY CHIMNEY SWEEPS AND MASONRY

ExistresFeb 2021Closed

$3K

JACK PIXLEY CHIMNEY SWEEPS AND MASONRY

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth88 ft

Area~1,770 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 1,770 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3531 38TH AVE S MINNEAPOLIS MN 55406	T G SHERMAN & N L SHERMAN	RESIDENTIAL	$374,500	50 ft
3529 38TH AVE S MINNEAPOLIS MN 55406	B R OLSON & A E MALCOM	RESIDENTIAL	$377,000	92 ft
3804 36TH ST E MINNEAPOLIS MN 55406	G G FISHER & J NEWINKSI	RESIDENTIAL	$363,500	104 ft
3800 36TH ST E MINNEAPOLIS MN 55406	J W NJOES & A S NJOES	RESIDENTIAL-TWO UNIT	$329,100	112 ft
3808 36TH ST E MINNEAPOLIS MN 55406	J W WILKES & C R WILKES	RESIDENTIAL	$286,700	114 ft
3525 38TH AVE S MINNEAPOLIS MN 55406	STUART B HAMBY	RESIDENTIAL	$352,700	135 ft
3816 36TH ST E MINNEAPOLIS MN 55406	CRIS CROISSANT	RESIDENTIAL	$264,300	135 ft
3536 39TH AVE S MINNEAPOLIS MN 55406	LAURA A STRUVE	RESIDENTIAL	$362,100	143 ft
3540 39TH AVE S MINNEAPOLIS MN 55406	C J HENRICH & D J HENRICH	RESIDENTIAL	$328,400	144 ft
3532 39TH AVE S MINNEAPOLIS MN 55406	RILEY SHARBONNO	RESIDENTIAL	$386,400	153 ft

Property History

Most Recent Sale

Date202008

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,698