941 3RD AVE N E MINNEAPOLIS MN 55413

PID: 1402924440239

Property Overview

Parcel ID1402924440239

Lot Size25,677 sq ft (0.589 ac)

Lot Dimensions (est.)121 ft wide × 213 ft deep

Year Built2011

Property ClassCONDOMINIUM

OwnerT WOLDEHARIAT & M TESFAGABER

Assessed Value$321,000

Land Value$48,000

Building Value$273,000

Annual Tax$4,721

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

St. Anthony East · Minneapolis

Median reported rent1,213/mo

Renter-occupied58.9%

Median home value$337K

Vacancy rate3.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1031

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

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 width68 ft

Buildable depth289 ft

Area~14,013 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 3-story wood frame (5–12 units) benchmarks for 14,013 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
931 3RD AVE N E MINNEAPOLIS MN 55413	AHMED GEDI & IMAN MOHAMUD	CONDOMINIUM	$322,000	0 ft
933 3RD AVE N E MINNEAPOLIS MN 55413	M ABDULLAHI & M MUHAMMED	CONDOMINIUM	$295,000	0 ft
935 3RD AVE N E MINNEAPOLIS MN 55413	M YOHANNES & M DEBAS	CONDOMINIUM	$292,000	0 ft
937 3RD AVE N E MINNEAPOLIS MN 55413	FIKRE TOKA & ALMAZ TERAGI	CONDOMINIUM	$321,000	0 ft
939 3RD AVE N E MINNEAPOLIS MN 55413	FAISAL OSMAN & ANAB ABDI	CONDOMINIUM	$292,000	0 ft
943 3RD AVE N E MINNEAPOLIS MN 55413	A DESALEW & T ARGU	CONDOMINIUM	$292,000	0 ft
945 3RD AVE N E MINNEAPOLIS MN 55413	A DEMISSIE & A TILAHUN	CONDOMINIUM	$290,000	0 ft
MN	Unknown	—	—	0 ft
321 QUINCY ST N E MINNEAPOLIS MN 55413	JASON D OAKES	RESIDENTIAL	$589,500	142 ft
317 QUINCY ST N E MINNEAPOLIS MN 55413	D STRZOK/B MINTCHEVA-STRZOK	RESIDENTIAL	$698,600	142 ft

Property History

Most Recent Sale

Date201206

Price$187,025

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,721