Property Overview

Parcel ID1611721340611

Lot Size43,105 sq ft (0.990 ac)

Lot Dimensions (est.)325 ft wide × 132 ft deep

Year Built2019

Property ClassAPARTMENT

Owner36TH STREET LLC

Assessed Value$17,824,000

Land Value$1,400,000

Building Value$15,400,000

Annual Tax$330,635

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,681/mo

Renter-occupied50.8%

Median home value$364K

Vacancy rate7.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 230

Market Snapshot

Zip code 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

Zoning

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Current Tax Year

Year2026

Tax Due$330,635

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5701 36TH ST W ST. LOUIS PARK MN 55416	SHIRLEY OKRENT LERNER TRUST	INDUSTRIAL-PREFERRED	$1,413,000	290 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft
5650 36TH ST W ST. LOUIS PARK MN 55416	UNION LAND II LLC	CONDO GARAGE/MISCELLANEOUS	$400	332 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.