3306 IRVING AVE N MINNEAPOLIS MN 55412

PID: 0902924240097

Property Overview

Parcel ID0902924240097

Lot Size5,344 sq ft (0.123 ac)

Lot Dimensions (est.)126 ft wide × 42 ft deep

Year Built1899

Property ClassRESIDENTIAL

OwnerDRIFTMERE REVOCABLE TRUST

Assessed Value$291,600

Land Value$19,000

Building Value$272,600

Annual Tax$4,514

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
3300 IRVING AVE N MINNEAPOLIS MN 55412	TONYA GREGORY/DARRIN GREGORY	RESIDENTIAL	$287,400	42 ft
3310 IRVING AVE N MINNEAPOLIS MN 55412	QUALITY RESIDENCES LLC	RESIDENTIAL	$191,000	42 ft
3312 IRVING AVE N MINNEAPOLIS MN 55412	TRIO INVESTMENTS LLC	RESIDENTIAL	$168,000	85 ft
3318 IRVING AVE N MINNEAPOLIS MN 55412	CONDOR PARTNERS LLC	RESIDENTIAL	$216,200	127 ft
3307 HUMBOLDT AVE N MINNEAPOLIS MN 55412	JOHN P EDWARDS	RESIDENTIAL	$195,700	138 ft
3311 HUMBOLDT AVE N MINNEAPOLIS MN 55412	FARTUN I ILMI	RESIDENTIAL	$235,000	144 ft
3301 HUMBOLDT AVE N MINNEAPOLIS MN 55412	MAI HER	RESIDENTIAL	$325,900	145 ft
3252 IRVING AVE N MINNEAPOLIS MN 55412	S A GRONAU & D G GRONAU	RESIDENTIAL	$187,800	148 ft
3315 HUMBOLDT AVE N MINNEAPOLIS MN 55412	I ERICKSON & S ERICKSON	RESIDENTIAL	$135,000	161 ft
3322 IRVING AVE N MINNEAPOLIS MN 55412	AMAR PULCHAN	RESIDENTIAL	$136,000	170 ft

Property History

Most Recent Sale

Date202305

Price$140,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,514