3501 HUMBOLDT AVE N MINNEAPOLIS MN 55412

PID: 0902924210232

Property Overview

Parcel ID0902924210232

Lot Size5,714 sq ft (0.131 ac)

Lot Dimensions (est.)126 ft wide × 45 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerBAKHT ZARI MOLEAZAY ET AL

Assessed Value$178,000

Land Value$19,000

Building Value$159,000

Annual Tax$2,756

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $32K total declared value · Most recent: May 2023 (misc)

MiscMay 2023Closed

$5K

WELTER CONSTRUCTION LLC

MiscApr 2023Closed

$14K

WELTER CONSTRUCTION LLC

ExistresAug 2022Closed

CENTERPOINT ENERGY

MiscFeb 2022Closed

$13K

LEGACY RESTORATION 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

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 depth5 ft

Area~2,782 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 2,782 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3505 HUMBOLDT AVE N MINNEAPOLIS MN 55412	SHERLINDA R WHEELER	RESIDENTIAL	$303,000	42 ft
3511 HUMBOLDT AVE N MINNEAPOLIS MN 55412	IRELAND HOMES SF V LLC	RESIDENTIAL	$158,100	82 ft
3457 HUMBOLDT AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	115 ft
3515 HUMBOLDT AVE N MINNEAPOLIS MN 55412	LILA I MORELL	RESIDENTIAL	$204,200	121 ft
3500 IRVING AVE N MINNEAPOLIS MN 55412	IVETTE LOAIZA	RESIDENTIAL	$236,000	138 ft
3504 IRVING AVE N MINNEAPOLIS MN 55412	KENNETH J SCHAAF	RESIDENTIAL-TWO UNIT	$307,900	145 ft
3519 HUMBOLDT AVE N MINNEAPOLIS MN 55412	MN ASST COUNCIL/VETERANS	RESIDENTIAL-TWO UNIT	$0	161 ft
3510 IRVING AVE N MINNEAPOLIS MN 55412	KEITH D MALMER	RESIDENTIAL	$199,600	161 ft
3451 HUMBOLDT AVE N MINNEAPOLIS MN 55412	T PATTON & T PATTON	RESIDENTIAL	$270,000	169 ft
3458 IRVING AVE N MINNEAPOLIS MN 55412	TRUDY TERRAZAS ET AL	RESIDENTIAL	$245,800	171 ft

Property History

Most Recent Sale

Date200812

Price$20,200

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,756