4224 32ND AVE S MINNEAPOLIS MN 55406

PID: 0702823320006

Property Overview

Parcel ID0702823320006

Lot Size5,593 sq ft (0.128 ac)

Lot Dimensions (est.)140 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerLAWRENCE J KUIPER

Assessed Value$282,300

Land Value$148,000

Building Value$134,300

Annual Tax$4,059

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $6K total declared value · Most recent: Sep 2025 (existres)

ExistresSep 2025Closed

Admiral Radon & Mechanical Services LLC

ExistresAug 2025Closed

Admiral Radon & Mechanical Services LLC

MiscMar 2024Closed

$6K

Options Exteriors

ResMay 2022Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Ericsson · Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

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 depth100 ft

Area~2,994 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 2,994 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4220 32ND AVE S MINNEAPOLIS MN 55406	ZEHUA LIU & Y PAUL SUSSMAN	RESIDENTIAL	$377,000	40 ft
4228 32ND AVE S MINNEAPOLIS MN 55406	A GUNDERSON & T FAST	RESIDENTIAL	$312,000	40 ft
4216 32ND AVE S MINNEAPOLIS MN 55406	LINDA K RANDERS	RESIDENTIAL	$299,000	80 ft
4232 32ND AVE S MINNEAPOLIS MN 55406	JOSEPH DIMLER	RESIDENTIAL	$340,700	80 ft
4212 32ND AVE S MINNEAPOLIS MN 55406	THANG DAC HO, DAM THI NGUYEN	RESIDENTIAL	$250,000	120 ft
4234 32ND AVE S MINNEAPOLIS MN 55406	KRISTIN M SORENSEN	RESIDENTIAL	$228,200	120 ft
4223 31ST AVE S MINNEAPOLIS MN 55406	DANIEL HINZE/ANWEN PARROTT	RESIDENTIAL	$310,000	153 ft
4219 31ST AVE S MINNEAPOLIS MN 55406	S M GEORGE & D C GEORGE	RESIDENTIAL	$328,400	158 ft
4227 31ST AVE S MINNEAPOLIS MN 55406	ERICA HAUGEN & ADAM GLATZL	RESIDENTIAL	$349,800	159 ft
4208 32ND AVE S MINNEAPOLIS MN 55406	M PEREYRA/MEGAN R D-PEREYRA	RESIDENTIAL	$550,000	160 ft

Property History

Current Tax Year

Year2026

Tax Due$4,059