4404 34TH AVE S MINNEAPOLIS MN 55406

PID: 0702823330002

Property Overview

Parcel ID0702823330002

Lot Size5,600 sq ft (0.129 ac)

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

Year Built1953

Property ClassRESIDENTIAL-TWO UNIT

OwnerS HENDREN/R HENDREN/B LORENZ

Assessed Value$400,300

Land Value$141,000

Building Value$259,300

Annual Tax$6,026

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

7 permits on record since 2022 · $5K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$5K

Roof Co NA Inc

ExistresJun 2023Closed

Home Energy Center Inc

ResDec 2022Expired

HomeWorks Services LLC

ResDec 2022Expired

MN Plumbing & Home Services INC

ResOct 2022Closed

Focus Plumbing Services

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth100 ft

Area~3,000 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 3-story wood frame (5–12 units) benchmarks for 3,000 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4400 34TH AVE S MINNEAPOLIS MN 55406	ELTON J SEIFERT	RESIDENTIAL	$247,000	40 ft
4408 34TH AVE S MINNEAPOLIS MN 55406	KYLE HENEMAN	RESIDENTIAL	$276,800	40 ft
4412 34TH AVE S MINNEAPOLIS MN 55406	RONALD MARK STOLBERG	RESIDENTIAL	$218,000	80 ft
4416 34TH AVE S MINNEAPOLIS MN 55406	THOMAS HAMMELL/MARY HAMMELL	RESIDENTIAL	$290,700	120 ft
4356 34TH AVE S MINNEAPOLIS MN 55406	L PATTERSON & D VICTOR	RESIDENTIAL	$349,500	140 ft
4405 33RD AVE S MINNEAPOLIS MN 55406	C R SMITH & M J SMITH	RESIDENTIAL	$288,900	153 ft
4401 33RD AVE S MINNEAPOLIS MN 55406	EVAN M IRELAND	RESIDENTIAL	$345,900	158 ft
4409 33RD AVE S MINNEAPOLIS MN 55406	E LAFORTUNE & K LAFORTUNE	RESIDENTIAL	$345,200	159 ft
4422 34TH AVE S MINNEAPOLIS MN 55406	AMANDA MOON/CHRISTOPHER MOON	RESIDENTIAL	$326,100	160 ft
4415 33RD AVE S MINNEAPOLIS MN 55406	LAUREL PEARSON/CARL PEARSON	RESIDENTIAL	$425,400	174 ft

Property History

Most Recent Sale

Date202210

Price$422,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,026