3856 37TH AVE S MINNEAPOLIS MN 55406

PID: 0702823210060

Property Overview

Parcel ID0702823210060

Lot Size5,067 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerMICAHEL HUGHES / ANNA BOONE

Assessed Value$277,700

Land Value$125,000

Building Value$152,700

Annual Tax$3,996

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $11K total declared value · Most recent: Jul 2023 (res)

ResJul 2023Closed

CenterPoint Energy Resource Corp

ResNov 2020Closed

ROTO-ROOTER SERVICES CO

MiscJun 2018Closed

$11K

RENEWAL BY ANDERSEN CORP

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

Neighborhood Profile

Howe · Minneapolis

Median reported rent1,127/mo

Renter-occupied37.3%

Median home value$308K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1104

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

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 width113 ft

Buildable depth0 ft

Area~2,340 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 sfr / adu benchmarks for 2,340 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3852 37TH AVE S MINNEAPOLIS MN 55406	T R STROMSODT & S J GREEN	RESIDENTIAL	$665,000	40 ft
3848 37TH AVE S MINNEAPOLIS MN 55406	J Y WHITE & W B WHITE	RESIDENTIAL	$312,000	80 ft
3900 37TH AVE S MINNEAPOLIS MN 55406	EBENEZER OROMO EVANGEL CHRCH	LAND-COMMERCIAL	$0	116 ft
3844 37TH AVE S MINNEAPOLIS MN 55406	LINDSEY KISH	RESIDENTIAL	$308,900	120 ft
3857 36TH AVE S MINNEAPOLIS MN 55406	M J LINK & M D ANDERSON	RESIDENTIAL	$340,300	140 ft
3853 36TH AVE S MINNEAPOLIS MN 55406	THOMAS KELLER/BRANDON JONES	RESIDENTIAL	$258,400	145 ft
3840 37TH AVE S MINNEAPOLIS MN 55406	D E JUHL & L J MC DOUGAL	RESIDENTIAL	$363,100	160 ft
3849 36TH AVE S MINNEAPOLIS MN 55406	BRENDA J STARK HANSON	RESIDENTIAL	$339,200	161 ft
3908 37TH AVE S MINNEAPOLIS MN 55406	GREGORY M OWEN & WIFE	RESIDENTIAL	$280,300	172 ft
3857 37TH AVE S MINNEAPOLIS MN 55406	GREGORY C GIBBS	RESIDENTIAL	$290,000	186 ft

Property History

Most Recent Sale

Date202409

Price$309,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,996