3427 HUMBOLDT AVE N MINNEAPOLIS MN 55412

PID: 0902924210216

Property Overview

Parcel ID0902924210216

Lot Size5,002 sq ft (0.115 ac)

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

Year Built1923

Property ClassRESIDENTIAL

OwnerIA MOUA

Assessed Value$228,000

Land Value$18,000

Building Value$210,000

Annual Tax$3,165

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 depth85 ft

Area~2,555 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 2,555 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
3423 HUMBOLDT AVE N MINNEAPOLIS MN 55412	OUTLOOK ESTATES LLC	RESIDENTIAL	$142,000	39 ft
3431 HUMBOLDT AVE N MINNEAPOLIS MN 55412	KEVINRICHARDVOLK LLC	RESIDENTIAL	$200,300	40 ft
3419 HUMBOLDT AVE N MINNEAPOLIS MN 55412	JASZMINE SIMS	RESIDENTIAL	$140,000	79 ft
3435 HUMBOLDT AVE N MINNEAPOLIS MN 55412	PATRICK MEYER	RESIDENTIAL	$350,000	89 ft
3415 HUMBOLDT AVE N MINNEAPOLIS MN 55412	VUE HANG & MOR LEE	RESIDENTIAL	$234,000	138 ft
3426 IRVING AVE N MINNEAPOLIS MN 55412	MEGAN STEZKA & BRYCE STEZKA	RESIDENTIAL	$227,000	138 ft
3422 IRVING AVE N MINNEAPOLIS MN 55412	EMILY KAYE LORENZ	RESIDENTIAL	$275,800	143 ft
3430 IRVING AVE N MINNEAPOLIS MN 55412	SOPHIA ANDERSON	RESIDENTIAL	$183,300	144 ft
3443 HUMBOLDT AVE N MINNEAPOLIS MN 55412	PAUL WINKELS	RESIDENTIAL	$176,000	148 ft
3418 IRVING AVE N MINNEAPOLIS MN 55412	ANGELA BATES	RESIDENTIAL	$210,000	159 ft

Property History

Most Recent Sale

Date201207

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,165