3421 E MINNEHAHA PKWY MINNEAPOLIS MN 55417

PID: 1802823240022

Property Overview

Parcel ID1802823240022

Lot Size5,711 sq ft (0.131 ac)

Lot Dimensions (est.)46 ft wide × 124 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerC R HERMAN & B S SCHULTZE

Assessed Value$422,900

Land Value$171,000

Building Value$251,900

Annual Tax$6,522

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $12K total declared value · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

MiscJul 2024Closed

$1K

CREW2 INC

AdditionApr 2024Closed

$7K

CUSTOM CONSTRUCTION SERVICES LLC

MiscNov 2019Closed

$4K

THE HOME DEPOT

ResMay 2017Closed

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

Minnehaha · Minneapolis

Median reported rent1,555/mo

Renter-occupied20.2%

Median home value$286K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 119.98

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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 width33 ft

Buildable depth84 ft

Area~2,781 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 2,781 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3417 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	SPILLETH FAMILY RECOV TRST	RESIDENTIAL	$432,800	44 ft
3413 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	SARAH MURN/T MURN JR/P MURN	RESIDENTIAL-TWO UNIT	$536,500	89 ft
4812 35TH AVE S MINNEAPOLIS MN 55417	SUSAN E HURRLE	RESIDENTIAL	$284,100	99 ft
3409 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	JASON M GRENGS & LEAH J MORI	RESIDENTIAL	$491,100	131 ft
4811 35TH AVE S MINNEAPOLIS MN 55417	ANGELA J WYATT TRUST	RESIDENTIAL	$480,600	150 ft
4816 35TH AVE S MINNEAPOLIS MN 55417	M D HAIGHT & V J HAIGHT	RESIDENTIAL	$407,800	150 ft
3501 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	LYNN M RADECKI	RESIDENTIAL	$374,800	155 ft
4815 35TH AVE S MINNEAPOLIS MN 55417	DAVID M MELCHISEDECH ET AL	RESIDENTIAL	$366,200	167 ft
3405 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	ANDREW T & AMY C COPELAND	RESIDENTIAL	$389,300	171 ft
4817 35TH AVE S MINNEAPOLIS MN 55417	K D GOUGH & C L GOUGH	RESIDENTIAL	$296,300	194 ft

Property History

Most Recent Sale

Date200706

Price$340,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,522