3824 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 1102824220132

Property Overview

Parcel ID1102824220132

Lot Size4,709 sq ft (0.108 ac)

Lot Dimensions (est.)117 ft wide × 40 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerERIC M HILLMAN

Assessed Value$332,500

Land Value$90,000

Building Value$242,500

Annual Tax$4,914

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 2013 · $115K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$20K

LEGACY RESTORATION LLC

Building Re-inspectionFeb 2013

$95K

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 width30 ft

Buildable depth78 ft

Area~2,331 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 2,331 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3820 COLUMBUS AVE MINNEAPOLIS MN 55407	N L LOFTIES & E E LOFTIES	RESIDENTIAL	$291,000	40 ft
3828 COLUMBUS AVE MINNEAPOLIS MN 55407	LUCAS FELDKAMP	RESIDENTIAL	$291,900	40 ft
3832 COLUMBUS AVE MINNEAPOLIS MN 55407	LYNESHIA F ROBINSON	RESIDENTIAL	$280,800	79 ft
3816 COLUMBUS AVE MINNEAPOLIS MN 55407	ALICE CROZIER/DANIEL DEGNAN	RESIDENTIAL	$327,800	80 ft
3836 COLUMBUS AVE MINNEAPOLIS MN 55407	COLLEEN HANSEN & ALEX HANSEN	RESIDENTIAL	$332,000	117 ft
3814 COLUMBUS AVE MINNEAPOLIS MN 55407	P NASH & K NULICEK	RESIDENTIAL	$389,700	125 ft
3825 PARK AVE MINNEAPOLIS MN 55407	FREDERICK BROWNSON	RESIDENTIAL	$248,900	129 ft
3829 PARK AVE MINNEAPOLIS MN 55407	C & S L DINKINS	RESIDENTIAL	$246,800	135 ft
3821 PARK AVE MINNEAPOLIS MN 55407	JACKSON NORLIN-WEAVER ET AL	RESIDENTIAL	$282,800	135 ft
3833 PARK AVE MINNEAPOLIS MN 55407	T J LEIER & H M S LEIER	RESIDENTIAL	$304,100	151 ft

Property History

Most Recent Sale

Date201309

Price$221,450

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,914