3439 IRVING AVE N MINNEAPOLIS MN 55412

PID: 0902924210036

Property Overview

Parcel ID0902924210036

Lot Size5,065 sq ft (0.116 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerMANDOLYN ILLI

Assessed Value$213,000

Land Value$18,000

Building Value$195,000

Annual Tax$2,913

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 2017 · $28K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

MiscMay 2025Final Inspection

$10K

NorthernPro General Contracting

MiscMay 2017Closed

$18K

PROMINENT CONSTRUCTION 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$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 depth87 ft

Area~2,602 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 2,602 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
3435 IRVING AVE N MINNEAPOLIS MN 55412	L BRATVOLD/V K BRATVOLD	RESIDENTIAL	$198,000	39 ft
3443 IRVING AVE N MINNEAPOLIS MN 55412	ANITA F STOWE	RESIDENTIAL	$274,400	40 ft
3447 IRVING AVE N MINNEAPOLIS MN 55412	M D REEVES & C D REEVES	RESIDENTIAL	$202,700	79 ft
3431 IRVING AVE N MINNEAPOLIS MN 55412	LUCEAL GOLDSBY	RESIDENTIAL	$175,000	79 ft
3427 IRVING AVE N MINNEAPOLIS MN 55412	MAHAGONY SHAFFER	RESIDENTIAL	$213,200	119 ft
3451 IRVING AVE N MINNEAPOLIS MN 55412	SONG TOU VANG	RESIDENTIAL	$126,600	120 ft
3438 JAMES AVE N MINNEAPOLIS MN 55412	J M MCCABE & A J MEYER	RESIDENTIAL	$204,400	140 ft
3434 JAMES AVE N MINNEAPOLIS MN 55412	RANDI ERIKSEN	RESIDENTIAL	$219,100	145 ft
3442 JAMES AVE N MINNEAPOLIS MN 55412	KALLY US LLC	RESIDENTIAL	$113,000	146 ft
3423 IRVING AVE N MINNEAPOLIS MN 55412	LEWANA D VINCENT	RESIDENTIAL	$192,000	158 ft

Property History

Most Recent Sale

Date202003

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,913