3434 HUMBOLDT AVE N MINNEAPOLIS MN 55412

PID: 0902924120083

Property Overview

Parcel ID0902924120083

Lot Size5,005 sq ft (0.115 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerYVONNE GAME

Assessed Value$166,600

Land Value$18,000

Building Value$148,600

Annual Tax$2,464

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

3 permits on record since 2019 · Most recent: Apr 2023 (res)

ResApr 2023Expired

FFM LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

ExistresNov 2019Closed

LACY MECHANICAL LLC

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

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$247K+2.1% YoY

Median price / sqft$181/sqft

Median days to close30 days

Active listings80

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 depth85 ft

Area~2,554 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 2,554 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3430 HUMBOLDT AVE N MINNEAPOLIS MN 55412	T A WILLIAMS/S KUHN/T KUHN	RESIDENTIAL	$227,800	40 ft
3438 HUMBOLDT AVE N MINNEAPOLIS MN 55412	ALEX MEJORADA	RESIDENTIAL	$164,000	40 ft
3424 HUMBOLDT AVE N MINNEAPOLIS MN 55412	BELINDA BRUCE HAWKINS	RESIDENTIAL	$222,100	80 ft
3442 HUMBOLDT AVE N MINNEAPOLIS MN 55412	TONY B XIONG & XIONG YANG	RESIDENTIAL	$187,000	80 ft
3422 HUMBOLDT AVE N MINNEAPOLIS MN 55412	HAVANNAH MARIE ABRAMS	RESIDENTIAL	$225,300	120 ft
3446 HUMBOLDT AVE N MINNEAPOLIS MN 55412	LIZETH PIZHA	RESIDENTIAL	$217,000	120 ft
3435 GIRARD AVE N MINNEAPOLIS MN 55412	TIERNEY M CARROLL	RESIDENTIAL	$244,100	138 ft
3429 GIRARD AVE N MINNEAPOLIS MN 55412	CITY/LAKES COMMUNITY LAND TR	—	$238,200	143 ft
3443 GIRARD AVE N MINNEAPOLIS MN 55412	F GONZALEZ & M RODRIGUEZ	RESIDENTIAL	$202,300	158 ft
3450 HUMBOLDT AVE N MINNEAPOLIS MN 55412	JAMES A MALE	RESIDENTIAL	$366,000	159 ft

Property History

Most Recent Sale

Date202302

Price$205,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,464