4408 35TH AVE S MINNEAPOLIS MN 55406

PID: 0702823340158

Property Overview

Parcel ID0702823340158

Lot Size5,440 sq ft (0.125 ac)

Lot Dimensions (est.)128 ft wide × 43 ft deep

Year Built2003

Property ClassRESIDENTIAL

OwnerJEREMIAH DANIEL VETSCH

Assessed Value$540,000

Land Value$114,000

Building Value$426,000

Annual Tax$8,467

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

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$386K+4.2% YoY

Median price / sqft$263/sqft

Median days to close13 days

Active listings43

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 width33 ft

Buildable depth87 ft

Area~2,852 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 2,852 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4412 35TH AVE S MINNEAPOLIS MN 55406	PAUL HANSON & KRISTA HANSON	RESIDENTIAL	$520,600	43 ft
4404 35TH AVE S MINNEAPOLIS MN 55406	THOMAS A & NANCY A HAAS	VACANT LAND-RESIDENTIAL	$3,800	52 ft
4400 35TH AVE S MINNEAPOLIS MN 55406	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	65 ft
4416 35TH AVE S MINNEAPOLIS MN 55406	D A & S J HAAGENSON	RESIDENTIAL	$530,800	97 ft
4411 34TH AVE S MINNEAPOLIS MN 55406	JOSE L LORA-ARCOS	RESIDENTIAL	$229,800	139 ft
4405 34TH AVE S MINNEAPOLIS MN 55406	T & N HAAS	RESIDENTIAL	$299,300	143 ft
4415 34TH AVE S MINNEAPOLIS MN 55406	J & K ANDERSON	RESIDENTIAL	$300,600	149 ft
4401 34TH AVE S MINNEAPOLIS MN 55406	GREGORY G STALER	RESIDENTIAL-TWO UNIT	$467,600	160 ft
4426 35TH AVE S MINNEAPOLIS MN 55406	CARLOS E GUTIERREZ ESQUER	RESIDENTIAL	$369,200	161 ft
4419 34TH AVE S MINNEAPOLIS MN 55406	MARIA ANN THORESON	RESIDENTIAL	$209,900	168 ft

Property History

Most Recent Sale

Date201808

Price$250,000

TypeCONTRACT FOR DEED

Current Tax Year

Year2026

Tax Due$8,467