5345 3RD AVE S MINNEAPOLIS MN 55419

PID: 1502824440052

Property Overview

Parcel ID1502824440052

Lot Size6,399 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerHARDEN LIVING TRUST

Assessed Value$510,000

Land Value$207,000

Building Value$303,000

Annual Tax$7,889

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

ExistresJun 2022Closed

Home Energy Center Inc

ResNov 2018Closed

Urban Pine Plumbing and Mechanical Inc

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

Neighborhood Profile

Page · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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

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 width115 ft

Buildable depth10 ft

Area~3,254 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 3,254 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5341 3RD AVE S MINNEAPOLIS MN 55419	T J & S M BRINKHAUS	RESIDENTIAL	$586,900	50 ft
5337 3RD AVE S MINNEAPOLIS MN 55419	K W BARTZ & C E BARTZ	RESIDENTIAL	$542,000	100 ft
5401 3RD AVE S MINNEAPOLIS MN 55419	GERI D POWELL	RESIDENTIAL	$596,000	112 ft
5344 CLINTON AVE MINNEAPOLIS MN 55419	J J CAMPBELL & E C CAMPBELL	RESIDENTIAL	$781,000	140 ft
5340 CLINTON AVE MINNEAPOLIS MN 55419	M J KOSKI/E J HOFSTEDE KOSKI	RESIDENTIAL	$621,700	150 ft
5333 3RD AVE S MINNEAPOLIS MN 55419	PAUL W & MELINDA S KELASH	RESIDENTIAL	$556,100	150 ft
5405 3RD AVE S MINNEAPOLIS MN 55419	SUSAN RACHEL ESSER NEET	RESIDENTIAL	$515,000	159 ft
5336 CLINTON AVE MINNEAPOLIS MN 55419	D J STONE & J L RIMMEY	RESIDENTIAL	$516,000	175 ft
5400 CLINTON AVE MINNEAPOLIS MN 55419	LISA MARIE POLDOSKI	RESIDENTIAL	$541,000	178 ft
5344 3RD AVE S MINNEAPOLIS MN 55419	M J MATHEWS & L E MATHEWS	RESIDENTIAL	$549,300	194 ft

Property History

Most Recent Sale

Date198509

Price$120,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,889