4317 33RD AVE S MINNEAPOLIS MN 55406

PID: 0702823320092

Property Overview

Parcel ID0702823320092

Lot Size5,603 sq ft (0.129 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerP R WYATT & M L LOEN

Assessed Value$295,400

Land Value$148,000

Building Value$147,400

Annual Tax$4,276

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2017 · $24K total declared value · Most recent: Feb 2025 (misc)

MiscFeb 2025Closed

$16K

LEGACY RESTORATION LLC

ResMay 2022Closed

CenterPoint Energy Resource Corp

MiscNov 2017Closed

$8K

Minnesota Roof Contractors

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~3,002 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 3,002 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
4321 33RD AVE S MINNEAPOLIS MN 55406	KRISTEN MARIE HAVEN	RESIDENTIAL	$470,900	40 ft
4313 33RD AVE S MINNEAPOLIS MN 55406	L J MATSON & T R LYNCH	RESIDENTIAL	$333,900	40 ft
4325 33RD AVE S MINNEAPOLIS MN 55406	PAUL SHAW	RESIDENTIAL	$287,300	80 ft
4309 33RD AVE S MINNEAPOLIS MN 55406	SANDRA E BERNEY	RESIDENTIAL	$253,000	80 ft
4329 33RD AVE S MINNEAPOLIS MN 55406	JENNIFER J POWER	RESIDENTIAL	$240,000	120 ft
4305 33RD AVE S MINNEAPOLIS MN 55406	JULIA KANE LANGER	RESIDENTIAL	$314,400	120 ft
4318 34TH AVE S MINNEAPOLIS MN 55406	CONSTANCE LORAINE BENNETT TR	RESIDENTIAL	$412,500	156 ft
4308 34TH AVE S MINNEAPOLIS MN 55406	L PEMSINGH & MEENA SAMUELS	RESIDENTIAL	$365,300	157 ft
4333 33RD AVE S MINNEAPOLIS MN 55406	N C VETTER & K F MORITZ	RESIDENTIAL	$381,300	160 ft
4301 33RD AVE S MINNEAPOLIS MN 55406	BRADLEY HEMAK & ANN HEMAK	RESIDENTIAL	$386,800	160 ft

Property History

Most Recent Sale

Date199610

Price$71,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,276