4409 33RD AVE S MINNEAPOLIS MN 55406

PID: 0702823330028

Property Overview

Parcel ID0702823330028

Lot Size5,574 sq ft (0.128 ac)

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

Year Built1948

Property ClassRESIDENTIAL

OwnerE LAFORTUNE & K LAFORTUNE

Assessed Value$345,200

Land Value$147,000

Building Value$198,200

Annual Tax$5,107

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 2023 · $30K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$30K

KAUFMAN SHEET METAL ROOFING INC

ExistresOct 2023Expired

Standard Heating and Air Conditioning Inc

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
4415 33RD AVE S MINNEAPOLIS MN 55406	LAUREL PEARSON/CARL PEARSON	RESIDENTIAL	$425,400	40 ft
4405 33RD AVE S MINNEAPOLIS MN 55406	C R SMITH & M J SMITH	RESIDENTIAL	$288,900	40 ft
4417 33RD AVE S MINNEAPOLIS MN 55406	E R BREZENOFF & S BREZENOFF	RESIDENTIAL	$359,300	80 ft
4401 33RD AVE S MINNEAPOLIS MN 55406	EVAN M IRELAND	RESIDENTIAL	$345,900	80 ft
4423 33RD AVE S MINNEAPOLIS MN 55406	LORI KELLY & MICHAEL KELLY	RESIDENTIAL	$293,000	120 ft
4408 34TH AVE S MINNEAPOLIS MN 55406	KYLE HENEMAN	RESIDENTIAL	$276,800	153 ft
4412 34TH AVE S MINNEAPOLIS MN 55406	RONALD MARK STOLBERG	RESIDENTIAL	$218,000	158 ft
4404 34TH AVE S MINNEAPOLIS MN 55406	S HENDREN/R HENDREN/B LORENZ	RESIDENTIAL-TWO UNIT	$400,300	159 ft
4425 33RD AVE S MINNEAPOLIS MN 55406	HOLLY MORPHEW & DAVID LINDER	RESIDENTIAL	$333,700	160 ft
4416 34TH AVE S MINNEAPOLIS MN 55406	THOMAS HAMMELL/MARY HAMMELL	RESIDENTIAL	$290,700	172 ft

Property History

Most Recent Sale

Date201310

Price$156,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,107