3335 MORGAN AVE N MINNEAPOLIS MN 55412

PID: 0902924230196

Property Overview

Parcel ID0902924230196

Lot Size5,337 sq ft (0.123 ac)

Lot Dimensions (est.)127 ft wide × 42 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerMONER AL-SAADY

Assessed Value$188,400

Land Value$19,000

Building Value$169,400

Annual Tax$2,478

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth87 ft

Area~2,788 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 2,788 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
3339 MORGAN AVE N MINNEAPOLIS MN 55412	DEBRA HAYNES	RESIDENTIAL	$166,500	42 ft
3331 MORGAN AVE N MINNEAPOLIS MN 55412	EPHESIANS LLC	RESIDENTIAL-TWO UNIT	$270,400	42 ft
3343 MORGAN AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$233,100	84 ft
3327 MORGAN AVE N MINNEAPOLIS MN 55412	M & R THILLEN	RESIDENTIAL	$114,000	84 ft
3347 MORGAN AVE N MINNEAPOLIS MN 55412	DAVID C ANDERSON	RESIDENTIAL	$154,000	125 ft
3323 MORGAN AVE N MINNEAPOLIS MN 55412	C T ANDERSON & H E ANDERSON	RESIDENTIAL	$262,300	125 ft
3334 NEWTON AVE N MINNEAPOLIS MN 55412	TESORO REALTY GROUP 2 LLC	RESIDENTIAL	$169,000	140 ft
3330 NEWTON AVE N MINNEAPOLIS MN 55412	A RODRIGUEZ & A RODRIGUEZ	RESIDENTIAL	$238,000	146 ft
3338 NEWTON AVE N MINNEAPOLIS MN 55412	DAVID M ENGUM	RESIDENTIAL	$141,700	146 ft
3326 NEWTON AVE N MINNEAPOLIS MN 55412	KIARA ITZEL ORTEGA GARAY	RESIDENTIAL	$138,500	163 ft

Property History

Most Recent Sale

Date202310

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,478