3617 38TH AVE S MINNEAPOLIS MN 55406

PID: 0602823430208

Property Overview

Parcel ID0602823430208

Lot Size5,393 sq ft (0.124 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerCATHERINE L SIEGEL

Assessed Value$346,400

Land Value$146,000

Building Value$200,400

Annual Tax$5,146

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2006 · $161K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

MAJESTIC CUSTOM HEATING & AIR CONDITIONING

MiscApr 2024Closed

$27K

GARLOCK FRENCH ROOFING

RemodelJan 2023Closed

$10K

Five Star Bath Solutions

ResDec 2022Closed

Podany Plumbing Inc

MiscJun 2022Closed

$4K

WINDOW WORLD

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 width32 ft

Buildable depth88 ft

Area~2,828 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 2,828 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3621 38TH AVE S MINNEAPOLIS MN 55406	M J MONTENEGRO/L STOFF	RESIDENTIAL	$331,900	42 ft
3615 38TH AVE S MINNEAPOLIS MN 55406	R VANDOMELEN & J VANDOMELEN	RESIDENTIAL	$313,800	42 ft
3625 38TH AVE S MINNEAPOLIS MN 55406	E G VASSEUR & D B HOLTAN	RESIDENTIAL	$356,200	84 ft
3609 38TH AVE S MINNEAPOLIS MN 55406	A WACHTER & C N WACHTER	RESIDENTIAL	$384,200	84 ft
3629 38TH AVE S MINNEAPOLIS MN 55406	KRISTIANNA WYROBEK	RESIDENTIAL	$295,000	126 ft
3605 38TH AVE S MINNEAPOLIS MN 55406	RONDA R FAHY	RESIDENTIAL	$290,300	126 ft
3616 39TH AVE S MINNEAPOLIS MN 55406	RUJEH L CHAN & E FITZGERALD	RESIDENTIAL	$401,200	142 ft
3620 39TH AVE S MINNEAPOLIS MN 55406	LINDA LOUISE CARLSON	RESIDENTIAL	$301,500	147 ft
3612 39TH AVE S MINNEAPOLIS MN 55406	MEGHAN E UHLER/KYLE B UHLER	RESIDENTIAL	$307,000	149 ft
3624 39TH AVE S MINNEAPOLIS MN 55406	JAMES LEROY ALLGOOD	RESIDENTIAL	$335,900	164 ft

Property History

Most Recent Sale

Date199906

Price$96,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,146