3446 NEWTON AVE N MINNEAPOLIS MN 55412

PID: 0902924220057

Property Overview

Parcel ID0902924220057

Lot Size5,035 sq ft (0.116 ac)

Lot Dimensions (est.)128 ft wide × 39 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerDONALD A HANSEN

Assessed Value$110,000

Land Value$18,000

Building Value$92,000

Annual Tax$1,179

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 width29 ft

Buildable depth89 ft

Area~2,581 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 2,581 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
3442 NEWTON AVE N MINNEAPOLIS MN 55412	ANDY VANG	RESIDENTIAL	$179,300	39 ft
3450 NEWTON AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$209,400	39 ft
3438 NEWTON AVE N MINNEAPOLIS MN 55412	ROSE M G MENDOZA ET AL	RESIDENTIAL	$125,000	79 ft
3454 NEWTON AVE N MINNEAPOLIS MN 55412	MATTHEW GREMILLION	RESIDENTIAL	$90,000	79 ft
3434 NEWTON AVE N MINNEAPOLIS MN 55412	CHARQUINTA C GRIFFIN	RESIDENTIAL	$226,300	118 ft
3458 NEWTON AVE N MINNEAPOLIS MN 55412	MINNESOTA HOUSING CORP	RESIDENTIAL	$101,000	121 ft
3447 MORGAN AVE N MINNEAPOLIS MN 55412	MARGARET L LOFTUS	RESIDENTIAL	$228,900	140 ft
3451 MORGAN AVE N MINNEAPOLIS MN 55412	THE KIRCHOFF GROUP LLC	RESIDENTIAL	$240,200	145 ft
3443 MORGAN AVE N MINNEAPOLIS MN 55412	WILLIAM KNAPP	RESIDENTIAL	$120,000	146 ft
3430 NEWTON AVE N MINNEAPOLIS MN 55412	KEVIN BIDWELL	RESIDENTIAL	$190,900	158 ft

Property History

Most Recent Sale

Date201005

Price$80,001

TypeCONTRACT FOR DEED

Current Tax Year

Year2026

Tax Due$1,179