4620 35TH AVE S MINNEAPOLIS MN 55406

PID: 1802823210105

Property Overview

Parcel ID1802823210105

Lot Size5,117 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerC GUDMUNDSSON/G BRYNJULSON

Assessed Value$442,900

Land Value$186,000

Building Value$256,900

Annual Tax$6,737

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

Minneapolis

Median reported rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width30 ft

Buildable depth88 ft

Area~2,637 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 small multifamily (2–4 units, wood frame) benchmarks for 2,637 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4616 35TH AVE S MINNEAPOLIS MN 55406	R L GREEN JR & E H GREEN	RESIDENTIAL	$515,100	40 ft
4624 35TH AVE S MINNEAPOLIS MN 55406	JASON CRAIG ENO	RESIDENTIAL	$418,100	40 ft
4612 35TH AVE S MINNEAPOLIS MN 55406	MARGARET M HANSEN	RESIDENTIAL	$265,000	80 ft
4628 35TH AVE S MINNEAPOLIS MN 55406	DAVID IRON NECKLACE	RESIDENTIAL	$463,300	80 ft
4608 35TH AVE S MINNEAPOLIS MN 55406	HANS BAKKEN	RESIDENTIAL	$361,000	120 ft
4621 34TH AVE S MINNEAPOLIS MN 55406	MARGARET O'BRIEN	RESIDENTIAL	$372,400	141 ft
4625 34TH AVE S MINNEAPOLIS MN 55406	ANADENICE ESCATE	RESIDENTIAL	$438,500	146 ft
4617 34TH AVE S MINNEAPOLIS MN 55406	C MITCHELL & A S MITCHELL	RESIDENTIAL	$451,500	146 ft
4604 35TH AVE S MINNEAPOLIS MN 55406	E M VORPAHL & D J VORPAHL	RESIDENTIAL	$371,000	160 ft
3400 CROSBY PL MINNEAPOLIS MN 55406	J S CARLSON & M B CARLSON	RESIDENTIAL	$372,000	162 ft

Property History

Most Recent Sale

Date202101

Price$347,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,737