32 E MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1502824430005

Property Overview

Parcel ID1502824430005

Lot Size6,136 sq ft (0.141 ac)

Lot Dimensions (est.)140 ft wide × 44 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerJOAN F WELTER

Assessed Value$609,600

Land Value$267,000

Building Value$342,600

Annual Tax$9,784

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · Most recent: Jul 2024 (res)

ResJul 2024Expired

Warners Stellian Co Inc

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

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width127 ft

Buildable depth4 ft

Area~957 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 957 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
28 LUVERNE AVE MINNEAPOLIS MN 55419	N V MACHADO & F H MACHADO	VACANT LAND-RESIDENTIAL	$1,100	76 ft
28 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	S & J L NORLIN-WEAVER	RESIDENTIAL	$798,500	84 ft
42 LUVERNE AVE MINNEAPOLIS MN 55419	N V MACHADO & F H MACHADO	RESIDENTIAL	$460,900	88 ft
38 LUVERNE AVE MINNEAPOLIS MN 55419	M RITTENHOUSE/M RITTENHOUSE	RESIDENTIAL	$919,100	98 ft
46 LUVERNE AVE MINNEAPOLIS MN 55419	LUIS GOMEZ HUERTA	RESIDENTIAL	$450,300	106 ft
50 LUVERNE AVE MINNEAPOLIS MN 55419	A PETERSON & M PETERSON	RESIDENTIAL	$742,700	138 ft
24 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	G A G FIORINI & L D GRUNDMAN	RESIDENTIAL	$802,000	142 ft
34 LUVERNE AVE MINNEAPOLIS MN 55419	B A ELLIOTT & A L ELLIOTT	RESIDENTIAL	$774,600	155 ft
54 LUVERNE AVE MINNEAPOLIS MN 55419	C POGEMILLER & S POGEMILLER	RESIDENTIAL	$678,800	187 ft
20 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	MARK HOLLAND & SARAH HOLLAND	RESIDENTIAL	$913,500	199 ft

Property History

Most Recent Sale

Date199810

Price$200,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,784