4324 W LAKE HARRIET PKWY MINNEAPOLIS MN 55410

PID: 0802824410072

Property Overview

Parcel ID0802824410072

Lot Size6,307 sq ft (0.145 ac)

Lot Dimensions (est.)159 ft wide × 40 ft deep

Year Built1934

Property ClassTRIPLEX

OwnerLAKE HARRIET HOLDINGS LLC

Assessed Value$1,618,900

Land Value$710,000

Building Value$908,900

Annual Tax$30,624

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

10 permits on record since 2000 · $756K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

CenterPoint Energy Resource Corp

ResJan 2025Closed

CenterPoint Energy Resource Corp

MiscApr 2024Closed

$13K

Summit Construction Group

ExistresDec 2020Closed

Airic's Heating & Air Conditioning Inc

ResNov 2020Closed

FFM LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,434/mo

Renter-occupied58.4%

Median home value$420K

Vacancy rate3.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1091

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth107 ft

Area~3,552 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 sfr / adu benchmarks for 3,552 sqft buildable area.

Est. units

Yield on cost

1.3%

Spread

-4.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4328 W LAKE HARRIET PKWY MINNEAPOLIS MN 55410	CAROL MARCH & THOMAS HANSON	RESIDENTIAL	$1,250,600	63 ft
4320 W LAKE HARRIET PKWY MINNEAPOLIS MN 55410	ERIC A TOLLEFSON	RESIDENTIAL-TWO UNIT	$1,057,400	83 ft
4334 W LAKE HARRIET PKWY MINNEAPOLIS MN 55410	LORAN K MECCIA REVOCABLE TR	RESIDENTIAL	$1,339,700	121 ft
4312 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	4312 LLC	APARTMENT	$1,824,500	135 ft
2629 43RD ST W MINNEAPOLIS MN 55410	CROCKETT PROPERTIES LP	APARTMENT	$3,490,200	163 ft
4340 W LAKE HARRIET PKWY MINNEAPOLIS MN 55410	KELLY NOBLE/JOSEPH NOBLE	RESIDENTIAL	$1,150,500	177 ft
4306 LINDEN HILLS BLVD MINNEAPOLIS MN 55410	4306 LLC	APARTMENT	$1,664,700	199 ft
2618 44TH ST W MINNEAPOLIS MN 55410	44TH AT HARRIET LLC	APARTMENT	$7,300,800	228 ft
2625 43RD ST W MINNEAPOLIS MN 55410	LINDEN VE LLC	RESIDENTIAL	$529,000	234 ft
4344 W LAKE HARRIET PKWY MINNEAPOLIS MN 55410	SARAH M BALESTRI	CONDO GARAGE/MISCELLANEOUS	$14,900	241 ft

Property History

Most Recent Sale

Date201601

Price$675,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$30,624