4509 33RD AVE S MINNEAPOLIS MN 55406

PID: 0702823330171

Property Overview

Parcel ID0702823330171

Lot Size5,574 sq ft (0.128 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerC G LEWIS & M JACOBS

Assessed Value$345,400

Land Value$147,000

Building Value$198,400

Annual Tax$5,110

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

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%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4513 33RD AVE S MINNEAPOLIS MN 55406	SHORON D JAEGER	RESIDENTIAL	$305,000	40 ft
4505 33RD AVE S MINNEAPOLIS MN 55406	GREGORY L OVERLID	RESIDENTIAL	$287,100	40 ft
4517 33RD AVE S MINNEAPOLIS MN 55406	TIMOTHY ITTNER	RESIDENTIAL	$255,900	80 ft
4501 33RD AVE S MINNEAPOLIS MN 55406	EVAN NOTHMANN/SONIA NOTHMANN	RESIDENTIAL	$420,700	80 ft
4521 33RD AVE S MINNEAPOLIS MN 55406	JAMES W SWEET	RESIDENTIAL	$248,000	120 ft
4508 34TH AVE S MINNEAPOLIS MN 55406	ALEX P PONGRATZ	RESIDENTIAL-TWO UNIT	$442,600	153 ft
4504 34TH AVE S MINNEAPOLIS MN 55406	MARIBEL GARCIA	RESIDENTIAL-TWO UNIT	$393,200	159 ft
4525 33RD AVE S MINNEAPOLIS MN 55406	J A KULLGREN & C INTERRANTE	RESIDENTIAL	$319,300	160 ft
4512 34TH AVE S MINNEAPOLIS MN 55406	K C BARNETT & I B S ANDERSON	RESIDENTIAL	$395,100	161 ft
3323 45TH ST E MINNEAPOLIS MN 55406	SARA FANA & ABOLFAZL MONZAVI	RESIDENTIAL-TWO UNIT	$408,400	174 ft

Property History

Most Recent Sale

Date202205

Price$384,509

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,110