3820 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824220009

Property Overview

Parcel ID1102824220009

Lot Size4,933 sq ft (0.113 ac)

Lot Dimensions (est.)117 ft wide × 42 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerFIRST BANK N A

Assessed Value$239,200

Land Value$81,000

Building Value$158,200

Annual Tax$3,352

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

2 permits on record since 2018 · Most recent: Mar 2025 (existres)

ExistresMar 2025Closed

Admiral Radon & Mechanical Services LLC

ResMar 2018Closed

Warners Stellian Co Inc

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

Neighborhood Profile

Bryant · Minneapolis

Median reported rent1,284/mo

Renter-occupied41.2%

Median home value$251K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 95

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 width32 ft

Buildable depth77 ft

Area~2,478 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 2,478 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3816 PARK AVE MINNEAPOLIS MN 55407	R F CREWS & N A CREWS	RESIDENTIAL	$271,500	42 ft
3824 PARK AVE MINNEAPOLIS MN 55407	SAMIR ABUMAYYALEH	RESIDENTIAL	$271,500	42 ft
3812 PARK AVE MINNEAPOLIS MN 55407	E FIRESIDE-OSTERGAARDET AL	RESIDENTIAL	$249,700	84 ft
3828 PARK AVE MINNEAPOLIS MN 55407	ERIN MANN	RESIDENTIAL	$318,100	84 ft
3808 PARK AVE MINNEAPOLIS MN 55407	O DONOHUE & M COCHRAN	RESIDENTIAL	$347,800	126 ft
3832 PARK AVE MINNEAPOLIS MN 55407	JOSE KLEVER GUAMAN MAINATO	RESIDENTIAL-TWO UNIT	$428,700	127 ft
3821 OAKLAND AVE MINNEAPOLIS MN 55407	JUDY L AUSTIN TRUST	RESIDENTIAL	$280,200	129 ft
3825 OAKLAND AVE MINNEAPOLIS MN 55407	CONSUELO A CABRERA TAPIA	RESIDENTIAL	$228,200	136 ft
3817 OAKLAND AVE MINNEAPOLIS MN 55407	T AUSTIN III & R AUSTIN	RESIDENTIAL	$276,300	136 ft
3829 OAKLAND AVE MINNEAPOLIS MN 55407	ROBERT SKORO & ELLEN SKORO	RESIDENTIAL	$273,100	154 ft

Property History

Current Tax Year

Year2026

Tax Due$3,352