3914 3RD AVE S MINNEAPOLIS MN 55409

PID: 1002824120136

Property Overview

Parcel ID1002824120136

Lot Size5,213 sq ft (0.120 ac)

Lot Dimensions (est.)130 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerCALVIN MCCASKILL

Assessed Value$195,000

Land Value$96,000

Building Value$99,000

Annual Tax$2,612

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

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 ↗

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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 rent1,596/mo

Renter-occupied18.9%

Median home value$283K

Vacancy rate12.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1100

Market Snapshot

Zip code 55409

Median sale price$379K-21.6% YoY

Median price / sqft$218/sqft

Median days to close56 days

Active listings21

Source: Redfin Data Center (Invalid Date) · Zip 55409

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 depth90 ft

Area~2,710 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 2,710 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3910 3RD AVE S MINNEAPOLIS MN 55409	JEFFREY M KEALY	RESIDENTIAL-TWO UNIT	$260,500	40 ft
3918 3RD AVE S MINNEAPOLIS MN 55409	J & C A K SCHORN	RESIDENTIAL	$255,200	40 ft
3906 3RD AVE S MINNEAPOLIS MN 55409	WALTER R SCOTT	RESIDENTIAL	$232,000	80 ft
3922 3RD AVE S MINNEAPOLIS MN 55409	ADAM B VICKERMAN	RESIDENTIAL	$217,600	80 ft
3904 3RD AVE S MINNEAPOLIS MN 55409	ELLA MAE BOGAN	RESIDENTIAL	$326,200	120 ft
3926 3RD AVE S MINNEAPOLIS MN 55409	JUDITH QUITERIO ZAVALETA	RESIDENTIAL	$262,800	120 ft
3915 2ND AVE S MINNEAPOLIS MN 55409	IMOGENE LOWERY	RESIDENTIAL	$237,900	142 ft
3911 2ND AVE S MINNEAPOLIS MN 55409	CLARE T BRAUCH	RESIDENTIAL	$298,100	147 ft
3919 2ND AVE S MINNEAPOLIS MN 55409	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	148 ft
3900 3RD AVE S MINNEAPOLIS MN 55409	DAREN E MESSMORE	RESIDENTIAL	$388,000	155 ft

Property History

Current Tax Year

Year2026

Tax Due$2,612