4327 3RD AVE S MINNEAPOLIS MN 55409

PID: 1002824410134

Property Overview

Parcel ID1002824410134

Lot Size1,204 sq ft (0.028 ac)

Lot Dimensions (est.)25 ft wide × 49 ft deep

Year Built1971

Property ClassTOWNHOUSE

OwnerA PHILLIPS & K R HENAGIN

Assessed Value$216,100

Land Value$94,000

Building Value$122,100

Annual Tax$2,954

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 ↗

Potential programs

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

Regina · Minneapolis

Median reported rent1,858/mo

Renter-occupied11.4%

Median home value$326K

Vacancy rate2.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1109

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width15 ft

Buildable depth9 ft

Area~135 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4325 3RD AVE S MINNEAPOLIS MN 55409	MICHELLE JUNE O'BRIEN	TOWNHOUSE	$211,900	24 ft
4329 3RD AVE S MINNEAPOLIS MN 55409	JODIE LYNN DUNCAN	TOWNHOUSE	$211,900	24 ft
4323 3RD AVE S MINNEAPOLIS MN 55409	SHERI RHYAN	TOWNHOUSE	$241,800	48 ft
4331 3RD AVE S MINNEAPOLIS MN 55409	EVANGELINE M TOLBERT	TOWNHOUSE	$216,100	48 ft
4333 3RD AVE S MINNEAPOLIS MN 55409	CAITLIN MCMAHON	TOWNHOUSE	$216,100	52 ft
4321 3RD AVE S MINNEAPOLIS MN 55409	JANICE E RICKS	TOWNHOUSE	$216,100	72 ft
4335 3RD AVE S MINNEAPOLIS MN 55409	A R MATTSON & B A MOORE	TOWNHOUSE	$209,700	74 ft
4337 3RD AVE S MINNEAPOLIS MN 55409	MEGAN MARIE BRUNKHORST	TOWNHOUSE	$255,700	97 ft
337 43RD ST E MINNEAPOLIS MN 55409	JASON A OLSON	TOWNHOUSE	$211,900	106 ft
339 43RD ST E MINNEAPOLIS MN 55409	NANCY L ERICKSON	TOWNHOUSE	$206,500	106 ft

Property History

Most Recent Sale

Date202109

Price$192,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,954