4430 35TH AVE S MINNEAPOLIS MN 55406

PID: 0702823340003

Property Overview

Parcel ID0702823340003

Lot Size6,392 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerJESSICA C HOPEMAN

Assessed Value$282,900

Land Value$152,000

Building Value$130,900

Annual Tax$4,363

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 · $16K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$16K

KEYPRIME ROOFING AND REMODELING

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

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 width40 ft

Buildable depth88 ft

Area~3,513 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 3,513 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4436 35TH AVE S MINNEAPOLIS MN 55406	R & J BOOTHE	RESIDENTIAL	$250,400	50 ft
4426 35TH AVE S MINNEAPOLIS MN 55406	CARLOS E GUTIERREZ ESQUER	RESIDENTIAL	$369,200	57 ft
4442 35TH AVE S MINNEAPOLIS MN 55406	SANDRA JEAN SALINE TRUST	RESIDENTIAL	$273,600	100 ft
4416 35TH AVE S MINNEAPOLIS MN 55406	D A & S J HAAGENSON	RESIDENTIAL	$530,800	122 ft
4431 34TH AVE S MINNEAPOLIS MN 55406	D GRINA & S ROLANDELLI	RESIDENTIAL	$380,100	140 ft
4429 34TH AVE S MINNEAPOLIS MN 55406	A CHEBYKINA & J GODWIN	RESIDENTIAL	$368,200	146 ft
4446 35TH AVE S MINNEAPOLIS MN 55406	A E BALLARD & L A OHLER	RESIDENTIAL	$551,300	150 ft
4437 34TH AVE S MINNEAPOLIS MN 55406	MARIE A SLINDEE	RESIDENTIAL	$248,900	151 ft
4425 34TH AVE S MINNEAPOLIS MN 55406	T J ALBIN & J A WILLIAMS	RESIDENTIAL	$364,100	163 ft
4441 34TH AVE S MINNEAPOLIS MN 55406	ELANA MINSBERG	RESIDENTIAL	$291,100	170 ft

Property History

Most Recent Sale

Date200403

Price$166,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,363