3825 GRAND AVE S MINNEAPOLIS MN 55409

PID: 1002824220109

Property Overview

Parcel ID1002824220109

Lot Size6,245 sq ft (0.143 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1915

Property ClassAPARTMENT

OwnerDVORAK TRUST

Assessed Value$521,100

Land Value$156,300

Building Value$364,800

Annual Tax$9,896

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

King Field · Minneapolis

Median reported rent1,253/mo

Renter-occupied32.9%

Median home value$403K

Vacancy rate4.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1099

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth85 ft

Area~3,395 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 small multifamily (2–4 units, wood frame) benchmarks for 3,395 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3821 GRAND AVE S MINNEAPOLIS MN 55409	MARIE MONTER/ANDREW NUMRICH	RESIDENTIAL	$346,900	45 ft
3831 GRAND AVE S MINNEAPOLIS MN 55409	K G POST & J HEALY	APARTMENT	$570,700	48 ft
3817 GRAND AVE S MINNEAPOLIS MN 55409	BRADFORD WALTER FROELICH	RESIDENTIAL	$353,100	85 ft
3837 GRAND AVE S MINNEAPOLIS MN 55409	TITHE INVESTMENTS LLC	APARTMENT	$521,100	94 ft
3813 GRAND AVE S MINNEAPOLIS MN 55409	JANICE S SWIER	RESIDENTIAL	$340,000	125 ft
3824 PLEASANT AVE MINNEAPOLIS MN 55409	ARACELI PEREZ	RESIDENTIAL-TWO UNIT	$520,300	139 ft
3841 GRAND AVE S MINNEAPOLIS MN 55409	GRAND PAPA 3841 LLC	APARTMENT	$521,100	140 ft
3830 PLEASANT AVE MINNEAPOLIS MN 55409	DENNIS L & SANDRA L BINGEN	RESIDENTIAL	$437,800	145 ft
3834 PLEASANT AVE MINNEAPOLIS MN 55409	T L HANSON & C E CAPRA	RESIDENTIAL	$406,000	160 ft
3838 PLEASANT AVE MINNEAPOLIS MN 55409	B M ERICSON & J A ERICSON	RESIDENTIAL	$388,700	183 ft

Property History

Most Recent Sale

Date199709

Price$139,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,896