4834 34TH AVE S MINNEAPOLIS MN 55417

PID: 1802823230020

Property Overview

Parcel ID1802823230020

Lot Size5,908 sq ft (0.136 ac)

Lot Dimensions (est.)148 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerSHIRLEY KORMAN

Assessed Value$309,300

Land Value$133,000

Building Value$176,300

Annual Tax$4,508

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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 rent1,481/mo

Renter-occupied13.7%

Median home value$353K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 118

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth108 ft

Area~3,230 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 3,230 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4838 34TH AVE S MINNEAPOLIS MN 55417	J R BERGMAN & J L BERGMAN	RESIDENTIAL	$337,100	40 ft
4830 34TH AVE S MINNEAPOLIS MN 55417	MARK C HANSEN	RESIDENTIAL	$310,800	40 ft
4842 34TH AVE S MINNEAPOLIS MN 55417	RYAN NOOMEN & MARY NOOMEN	RESIDENTIAL	$296,300	80 ft
4826 34TH AVE S MINNEAPOLIS MN 55417	COREY MEAD & KRISTIN MEAD	RESIDENTIAL-TWO UNIT	$416,500	80 ft
4846 34TH AVE S MINNEAPOLIS MN 55417	T H & T H KHAN	RESIDENTIAL-TWO UNIT	$406,100	120 ft
4822 34TH AVE S MINNEAPOLIS MN 55417	AMANDA LABRECHE & J BRESKEY	RESIDENTIAL	$384,500	120 ft
4818 34TH AVE S MINNEAPOLIS MN 55417	TIM FRANZ 34 LLC	RESIDENTIAL-TWO UNIT	$384,100	160 ft
4835 33RD AVE S MINNEAPOLIS MN 55417	KATELYN SUZANNE WORUM	RESIDENTIAL	$304,400	161 ft
4831 33RD AVE S MINNEAPOLIS MN 55417	B CUBED LLC	RESIDENTIAL	$208,100	165 ft
4839 33RD AVE S MINNEAPOLIS MN 55417	S V & B A DEVINE	RESIDENTIAL	$364,700	166 ft

Property History

Most Recent Sale

Date201409

Price$198,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,508