3559 HUMBOLDT AVE N MINNEAPOLIS MN 55412

PID: 0902924210061

Property Overview

Parcel ID0902924210061

Lot Size4,990 sq ft (0.115 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerLEROY TAYLOR

Assessed Value$212,700

Land Value$18,000

Building Value$194,700

Annual Tax$2,882

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth0 ft

Area~2,287 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,287 sqft buildable area.

Est. units

Yield on cost

1.8%

Spread

-3.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3555 HUMBOLDT AVE N MINNEAPOLIS MN 55412	DERRICK KING II	RESIDENTIAL	$225,200	39 ft
3551 HUMBOLDT AVE N MINNEAPOLIS MN 55412	JAMES TAYLOR	RESIDENTIAL	$164,000	79 ft
3547 HUMBOLDT AVE N MINNEAPOLIS MN 55412	BRIAN CHRISTOPHER JOSEPH	RESIDENTIAL	$304,000	118 ft
3558 IRVING AVE N MINNEAPOLIS MN 55412	FRED MACENO	RESIDENTIAL	$308,200	138 ft
3554 IRVING AVE N MINNEAPOLIS MN 55412	MN HOUSING I LLC	RESIDENTIAL	$212,000	143 ft
3543 HUMBOLDT AVE N MINNEAPOLIS MN 55412	JAY NELSON	RESIDENTIAL	$243,100	158 ft
3550 IRVING AVE N MINNEAPOLIS MN 55412	JUAN C ESPINOZA INAMAGUA	RESIDENTIAL-TWO UNIT	$248,700	158 ft
3546 IRVING AVE N MINNEAPOLIS MN 55412	CCF3, LLC	RESIDENTIAL	$206,000	181 ft
3558 HUMBOLDT AVE N MINNEAPOLIS MN 55412	KAMI WOOD	RESIDENTIAL	$215,000	191 ft
3554 HUMBOLDT AVE N MINNEAPOLIS MN 55412	THOMAS TOLEY	RESIDENTIAL	$186,900	195 ft

Property History

Most Recent Sale

Date201809

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,882