4329 11TH AVE S MINNEAPOLIS MN 55407

PID: 1102824310072

Property Overview

Parcel ID1102824310072

Lot Size5,206 sq ft (0.120 ac)

Lot Dimensions (est.)123 ft wide × 42 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerJOHN T OLSON REVOCABLE TRUST

Assessed Value$368,700

Land Value$117,000

Building Value$251,700

Annual Tax$5,499

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

4 permits on record since 2016 · $4K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

HomeWorks Services LLC

ExistresOct 2022Closed

Standard Heating and Air Conditioning Inc

MiscMay 2017Closed

$4K

CUSTOM REMODELERS LLC

ResDec 2016Closed

Appliance Connections INC

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth84 ft

Area~2,682 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 sfr / adu benchmarks for 2,682 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4333 11TH AVE S MINNEAPOLIS MN 55407	KAREN H BUTLER	RESIDENTIAL	$319,000	42 ft
4325 11TH AVE S MINNEAPOLIS MN 55407	R DETERMAN & R SHERMAN	RESIDENTIAL	$313,600	43 ft
4337 11TH AVE S MINNEAPOLIS MN 55407	MARY MARGARET PIEPER TRUST	RESIDENTIAL	$306,300	85 ft
4321 11TH AVE S MINNEAPOLIS MN 55407	CAROLINE ROYCE	RESIDENTIAL	$343,100	86 ft
4341 11TH AVE S MINNEAPOLIS MN 55407	G C SOCHA & T M TAYLOR	RESIDENTIAL	$280,000	127 ft
4317 11TH AVE S MINNEAPOLIS MN 55407	KLARA & MICHAEL C HARDIN	RESIDENTIAL	$320,100	128 ft
4328 12TH AVE S MINNEAPOLIS MN 55407	B D GOODELL JR/M R SCHEDLER	RESIDENTIAL	$275,000	135 ft
4324 12TH AVE S MINNEAPOLIS MN 55407	AMANDA R SYKORA	RESIDENTIAL	$308,000	141 ft
4332 12TH AVE S MINNEAPOLIS MN 55407	SUE E HOSTETLER	RESIDENTIAL	$263,400	141 ft
4336 12TH AVE S MINNEAPOLIS MN 55407	DANIEL GROHS CONTRACTING INC	RESIDENTIAL	$165,000	159 ft

Property History

Current Tax Year

Year2026

Tax Due$5,499