3916 36TH AVE S MINNEAPOLIS MN 55406

PID: 0702823210139

Property Overview

Parcel ID0702823210139

Lot Size8,171 sq ft (0.188 ac)

Lot Dimensions (est.)214 ft wide × 38 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerMICHAEL & MEAGHAN RALEIGH

Assessed Value$312,400

Land Value$131,000

Building Value$181,400

Annual Tax$4,578

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $25K total declared value · Most recent: Dec 2023 (misc)

MiscDec 2023Closed

$3K

LONDON CHIMNEY SWEEPS

MiscOct 2023Closed

$17K

ASHCO EXTERIORS INC

ResAug 2023Closed

CenterPoint Energy Resource Corp

RemodelDec 2021Closed

$2K

Midwest Egress

MiscSep 2020Closed

$3K

MIDWEST WINDOW CO

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

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 width30 ft

Buildable depth164 ft

Area~4,859 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 4,859 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3914 36TH AVE S MINNEAPOLIS MN 55406	NATHANIEL J PHILLIPS	RESIDENTIAL-TWO UNIT	$399,000	40 ft
3920 36TH AVE S MINNEAPOLIS MN 55406	MELISSA ERJAVEC/JOE ERJAVEC	RESIDENTIAL	$347,000	41 ft
3924 36TH AVE S MINNEAPOLIS MN 55406	ANTHONY JAMES SHERER	RESIDENTIAL	$183,100	83 ft
3910 36TH AVE S MINNEAPOLIS MN 55406	LARA GRIFFIN/CONNOR METCALF	RESIDENTIAL	$365,500	103 ft
3928 36TH AVE S MINNEAPOLIS MN 55406	CAROL D VOSS	RESIDENTIAL	$233,600	124 ft
3906 36TH AVE S MINNEAPOLIS MN 55406	DEON L ANDERSON	RESIDENTIAL	$240,300	142 ft
3511 39TH ST E MINNEAPOLIS MN 55406	A E RIGNELL & P W RIGNELL	RESIDENTIAL	$349,100	143 ft
3507 39TH ST E MINNEAPOLIS MN 55406	BIGGER POCKETS LLC	RESIDENTIAL-TWO UNIT	$295,400	158 ft
3932 36TH AVE S MINNEAPOLIS MN 55406	M L CORTES & R CORTES	RESIDENTIAL-TWO UNIT	$362,400	165 ft
3935 MINNEHAHA AVE MINNEAPOLIS MN 55406	LAURA LENTZ LANDSTAD	RESIDENTIAL	$199,400	171 ft

Property History

Most Recent Sale

Date201502

Price$179,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,578