3555 MORGAN AVE N MINNEAPOLIS MN 55412

PID: 0902924220150

Property Overview

Parcel ID0902924220150

Lot Size5,132 sq ft (0.118 ac)

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

Year Built1939

Property ClassRESIDENTIAL

OwnerMARIE A BECKER

Assessed Value$181,200

Land Value$18,000

Building Value$163,200

Annual Tax$2,360

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $6K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$2K

Mad City Windows & Bath

ResMay 2025Closed

Mad City Windows & Bath

MiscMay 2025Closed

$4K

Mad City Windows & Bath

ResMar 2023Closed

CenterPoint Energy Resource Corp

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 depth88 ft

Area~2,648 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 2,648 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3559 MORGAN AVE N MINNEAPOLIS MN 55412	THOMAS NEWTON/BRIEANN THELEN	RESIDENTIAL	$213,500	39 ft
3551 MORGAN AVE N MINNEAPOLIS MN 55412	SERENDIPITY PROPERTIES LLC	RESIDENTIAL	$136,000	40 ft
3547 MORGAN AVE N MINNEAPOLIS MN 55412	J VILENDRER & C VILENDRER	RESIDENTIAL	$235,000	80 ft
3543 MORGAN AVE N MINNEAPOLIS MN 55412	K F FOUNTAIN & M L FOUNTAIN	RESIDENTIAL	$227,500	120 ft
3554 NEWTON AVE N MINNEAPOLIS MN 55412	S J SPEARS & K C SPEARS	RESIDENTIAL	$177,800	140 ft
3550 NEWTON AVE N MINNEAPOLIS MN 55412	ERIK CELMS & LAURIE CELMS	RESIDENTIAL	$172,700	145 ft
3603 MORGAN AVE N MINNEAPOLIS MN 55412	JASON LAW & ERIKA LAW	RESIDENTIAL	$217,800	146 ft
3558 NEWTON AVE N MINNEAPOLIS MN 55412	W L SULLIVAN & L K SULLIVAN	RESIDENTIAL	$200,100	146 ft
3539 MORGAN AVE N MINNEAPOLIS MN 55412	D L MILLER & C A MILLER	RESIDENTIAL	$142,400	160 ft
3546 NEWTON AVE N MINNEAPOLIS MN 55412	S PETERSON/J J PETERSON ETAL	RESIDENTIAL	$157,500	160 ft

Property History

Most Recent Sale

Date198609

Price$50,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,360