3350 NEWTON AVE N MINNEAPOLIS MN 55412

PID: 0902924230217

Property Overview

Parcel ID0902924230217

Lot Size5,363 sq ft (0.123 ac)

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

Year Built1917

Property ClassRESIDENTIAL

OwnerCLAUDE LABOSSIERE

Assessed Value$158,000

Land Value$19,000

Building Value$139,000

Annual Tax$1,975

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

4 permits on record since 2021 · $7K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Expired

$7K

RIVERVIEW WINDOW INC

ResMar 2023Closed

CenterPoint Energy Resource Corp

ExistresFeb 2023Closed

Element Insulation LLC

ResJun 2021Closed

ECOWATER

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 width32 ft

Buildable depth88 ft

Area~2,805 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 2,805 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
3346 NEWTON AVE N MINNEAPOLIS MN 55412	CHAMILLE N EDMONDS	RESIDENTIAL	$174,000	42 ft
3354 NEWTON AVE N MINNEAPOLIS MN 55412	MARK R JASPERS	RESIDENTIAL	$283,000	43 ft
3342 NEWTON AVE N MINNEAPOLIS MN 55412	A M BRONSON & J C ELLIS	RESIDENTIAL	$202,000	84 ft
3338 NEWTON AVE N MINNEAPOLIS MN 55412	DAVID M ENGUM	RESIDENTIAL	$141,700	126 ft
3351 MORGAN AVE N MINNEAPOLIS MN 55412	VLADIMIR GARCIA	RESIDENTIAL	$186,700	140 ft
3355 MORGAN AVE N MINNEAPOLIS MN 55412	JOSHUA STRANZ	RESIDENTIAL	$215,000	145 ft
3347 MORGAN AVE N MINNEAPOLIS MN 55412	DAVID C ANDERSON	RESIDENTIAL	$154,000	146 ft
3400 NEWTON AVE N MINNEAPOLIS MN 55412	J E KAISER & M J REIMLER	RESIDENTIAL	$252,200	154 ft
3343 MORGAN AVE N MINNEAPOLIS MN 55412	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$233,100	163 ft
3334 NEWTON AVE N MINNEAPOLIS MN 55412	TESORO REALTY GROUP 2 LLC	RESIDENTIAL	$169,000	168 ft

Property History

Most Recent Sale

Date201705

Price$105,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,975