4351 3RD AVE S MINNEAPOLIS MN 55409

PID: 1002824410149

Property Overview

Parcel ID1002824410149

Lot Size1,204 sq ft (0.028 ac)

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

Year Built1971

Property ClassRESIDENTIAL

OwnerLAVERNA J REED

Assessed Value$203,300

Land Value$94,000

Building Value$109,300

Annual Tax$2,315

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.

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4353 3RD AVE S MINNEAPOLIS MN 55409	AMANDA SHOLD	TOWNHOUSE	$220,400	24 ft
4349 3RD AVE S MINNEAPOLIS MN 55409	CHRISTINE & B PHELPS TRUST	TOWNHOUSE	$209,700	24 ft
4347 3RD AVE S MINNEAPOLIS MN 55409	S ARMATO & J KALRISSIAN	TOWNHOUSE	$216,100	46 ft
4355 3RD AVE S MINNEAPOLIS MN 55409	ABRAHAM BOBST	TOWNHOUSE	$215,100	48 ft
4345 3RD AVE S MINNEAPOLIS MN 55409	SHAWN SCHUETTE	TOWNHOUSE	$229,000	70 ft
4357 3RD AVE S MINNEAPOLIS MN 55409	KRISTIN A SHIVELY	TOWNHOUSE	$203,300	72 ft
328 44TH ST E MINNEAPOLIS MN 55409	FOAD AHMED & AMINA HASSAN	TOWNHOUSE	$216,100	77 ft
330 44TH ST E MINNEAPOLIS MN 55409	C CARPENTER & C LAWLER	TOWNHOUSE	$203,300	77 ft
332 44TH ST E MINNEAPOLIS MN 55409	SAMUEL WILES & GREGORY WILES	TOWNHOUSE	$238,600	84 ft
4343 3RD AVE S MINNEAPOLIS MN 55409	WILLIE J BARBER II	TOWNHOUSE	$198,000	94 ft

Property History

Current Tax Year

Year2026

Tax Due$2,315