3820 15TH AVE S MINNEAPOLIS MN 55407

PID: 1102824120034

Property Overview

Parcel ID1102824120034

Lot Size5,046 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerB R PARKER & K LAWSADER

Assessed Value$362,000

Land Value$101,000

Building Value$261,000

Annual Tax$5,387

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Cultural District — 38th StreetHigh

Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.

Minneapolis — Cultural Districts ↗

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

Permit History

7 permits on record since 2021 · $265K total declared value · Most recent: Mar 2024 (res)

ResMar 2024Closed

CenterPoint Energy Resource Corp

ResFeb 2022Closed

Travis Glanzer

ExistresJun 2021Closed

Travis Glanzer

ResMay 2021Closed

Podany Plumbing Inc

RemodelApr 2021Closed

$45K

SERVICEMASTER OF MINNEAPOLIS

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bancroft · Minneapolis

Median reported rent1,159/mo

Renter-occupied26.1%

Median home value$309K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1101

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width30 ft

Buildable depth86 ft

Area~2,584 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 2,584 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3816 15TH AVE S MINNEAPOLIS MN 55407	CLAIRE JOHNSTON	RESIDENTIAL-TWO UNIT	$365,200	40 ft
3824 15TH AVE S MINNEAPOLIS MN 55407	ELIZABETH STEUER	RESIDENTIAL	$279,900	40 ft
3812 15TH AVE S MINNEAPOLIS MN 55407	JESSICA L CROSS TRUST	RESIDENTIAL	$344,000	80 ft
3828 15TH AVE S MINNEAPOLIS MN 55407	MARY THERESE THURY	RESIDENTIAL	$413,900	80 ft
3808 15TH AVE S MINNEAPOLIS MN 55407	K HARROLD & D M GANGLER JR	RESIDENTIAL	$292,800	120 ft
3832 15TH AVE S MINNEAPOLIS MN 55407	A L PERSON & M W STEELY	RESIDENTIAL	$341,000	120 ft
3821 14TH AVE S MINNEAPOLIS MN 55407	KEWITT MELIUS TRUST	RESIDENTIAL	$363,000	140 ft
3825 14TH AVE S MINNEAPOLIS MN 55407	KATRINA FUSSY	RESIDENTIAL	$291,200	146 ft
3817 14TH AVE S MINNEAPOLIS MN 55407	C D FORST & M C MCGEHEE	RESIDENTIAL	$316,400	146 ft
3804 15TH AVE S MINNEAPOLIS MN 55407	DYLAN GRAY	RESIDENTIAL	$257,500	159 ft

Property History

Most Recent Sale

Date200709

Price$236,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,387