3523 GIRARD AVE N MINNEAPOLIS MN 55412

PID: 0902924120040

Property Overview

Parcel ID0902924120040

Lot Size4,979 sq ft (0.114 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerTRIO INVESTMENTS LLC

Assessed Value$130,000

Land Value$18,000

Building Value$112,000

Annual Tax$2,012

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Folwell · Minneapolis

Median reported rent1,590/mo

Renter-occupied27.3%

Median home value$193K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1008

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

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 width30 ft

Buildable depth84 ft

Area~2,535 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 2,535 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3527 GIRARD AVE N MINNEAPOLIS MN 55412	ROBERT M ANDERSON TRUST	RESIDENTIAL	$145,000	40 ft
3519 GIRARD AVE N MINNEAPOLIS MN 55412	CELIA WEISS	RESIDENTIAL	$138,000	40 ft
3531 GIRARD AVE N MINNEAPOLIS MN 55412	RHONDA ANDRESEN	RESIDENTIAL	$78,000	80 ft
3515 GIRARD AVE N MINNEAPOLIS MN 55412	SHANE EUGENE CLARK	RESIDENTIAL	$122,000	80 ft
3535 GIRARD AVE N MINNEAPOLIS MN 55412	SHARON E BAKKEN	RESIDENTIAL	$193,900	119 ft
3511 GIRARD AVE N MINNEAPOLIS MN 55412	BERNADETTE NTUV	RESIDENTIAL	$224,000	120 ft
3522 HUMBOLDT AVE N MINNEAPOLIS MN 55412	M G FARLEY JR & K SHAPPELL	RESIDENTIAL	$257,800	136 ft
3518 HUMBOLDT AVE N MINNEAPOLIS MN 55412	MICHAEL CHUDERSKI	RESIDENTIAL	$364,000	142 ft
3526 HUMBOLDT AVE N MINNEAPOLIS MN 55412	M J WAGNER & L L PARROTT	RESIDENTIAL	$240,000	143 ft
3514 HUMBOLDT AVE N MINNEAPOLIS MN 55412	TWANDA T MCCOY	RESIDENTIAL	$338,000	157 ft

Property History

Most Recent Sale

Date200902

Price$25,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,012