4425 33RD AVE S MINNEAPOLIS MN 55406

PID: 0702823330024

Property Overview

Parcel ID0702823330024

Lot Size5,574 sq ft (0.128 ac)

Lot Dimensions (est.)139 ft wide × 40 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerHOLLY MORPHEW & DAVID LINDER

Assessed Value$333,700

Land Value$147,000

Building Value$186,700

Annual Tax$4,915

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

2 permits on record since 2022 · $12K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$12K

Masterman Service Inc

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 depth99 ft

Area~2,980 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 2,980 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
4429 33RD AVE S MINNEAPOLIS MN 55406	B J BULLEMER & D BEARDALL	RESIDENTIAL	$461,400	40 ft
4423 33RD AVE S MINNEAPOLIS MN 55406	LORI KELLY & MICHAEL KELLY	RESIDENTIAL	$293,000	40 ft
4433 33RD AVE S MINNEAPOLIS MN 55406	RANDALL THOMPSON	RESIDENTIAL	$312,500	80 ft
4417 33RD AVE S MINNEAPOLIS MN 55406	E R BREZENOFF & S BREZENOFF	RESIDENTIAL	$359,300	80 ft
4437 33RD AVE S MINNEAPOLIS MN 55406	ANDREW R OLIVE	RESIDENTIAL	$249,600	120 ft
4415 33RD AVE S MINNEAPOLIS MN 55406	LAUREL PEARSON/CARL PEARSON	RESIDENTIAL	$425,400	120 ft
4424 34TH AVE S MINNEAPOLIS MN 55406	GREGORY P CASSIDY	RESIDENTIAL-TWO UNIT	$364,000	153 ft
4428 34TH AVE S MINNEAPOLIS MN 55406	ROGELLA BENICIO	RESIDENTIAL	$286,800	158 ft
4422 34TH AVE S MINNEAPOLIS MN 55406	AMANDA MOON/CHRISTOPHER MOON	RESIDENTIAL	$326,100	159 ft
4441 33RD AVE S MINNEAPOLIS MN 55406	S R JACKSON & MG TRIFILIO	RESIDENTIAL	$323,900	160 ft

Property History

Most Recent Sale

Date201903

Price$295,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,915