3804 PARK AVE MINNEAPOLIS MN 55407

PID: 1102824220171

Property Overview

Parcel ID1102824220171

Lot Size4,933 sq ft (0.113 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerR S OSTROW & M A SCHUMACHER

Assessed Value$328,100

Land Value$80,000

Building Value$248,100

Annual Tax$4,840

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

1 permit on record since 2017 · $2K total declared value · Most recent: Oct 2017 (misc)

MiscOct 2017Closed

$2K

FRANK GARDNER CONSTRUCTION LLC

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

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 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
3808 PARK AVE MINNEAPOLIS MN 55407	O DONOHUE & M COCHRAN	RESIDENTIAL	$347,800	42 ft
3800 PARK AVE MINNEAPOLIS MN 55407	JULIA OTTEN/LEVI PRESTEGARD	RESIDENTIAL	$279,500	46 ft
631 38TH ST E MINNEAPOLIS MN 55407	JULIA OTTEN/LEVI PRESTEGARD	VACANT LAND-RESIDENTIAL	$3,800	59 ft
3812 PARK AVE MINNEAPOLIS MN 55407	E FIRESIDE-OSTERGAARDET AL	RESIDENTIAL	$249,700	84 ft
627 38TH ST E MINNEAPOLIS MN 55407	FIDEL HERNANDEZ/M C SANCHEZ	RESIDENTIAL	$232,700	94 ft
3816 PARK AVE MINNEAPOLIS MN 55407	R F CREWS & N A CREWS	RESIDENTIAL	$271,500	126 ft
3809 OAKLAND AVE MINNEAPOLIS MN 55407	ANGEL F PAUCAR	RESIDENTIAL	$247,700	136 ft
3748 PARK AVE MINNEAPOLIS MN 55407	G R GUNTLY & J X GUNTLY	RESIDENTIAL	$567,000	151 ft
621 38TH ST E MINNEAPOLIS MN 55407	KHAYR PROPERTY GROUP INC	COMMERCIAL-PREFERRED	$444,000	152 ft
3815 OAKLAND AVE MINNEAPOLIS MN 55407	D C GILBERT JR & A J DELGADO	RESIDENTIAL	$363,300	154 ft

Property History

Current Tax Year

Year2026

Tax Due$4,840