5709 34TH AVE S MINNEAPOLIS MN 55417

PID: 1902823240088

Property Overview

Parcel ID1902823240088

Lot Size5,651 sq ft (0.130 ac)

Lot Dimensions (est.)127 ft wide × 45 ft deep

Year Built1976

Property ClassRESIDENTIAL-TWO UNIT

OwnerFIDEL OMAR MORALES ARIAS

Assessed Value$435,200

Land Value$104,000

Building Value$331,200

Annual Tax$6,608

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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 rent1,438/mo

Renter-occupied18.6%

Median home value$267K

Vacancy rate2.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 121.02

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 width35 ft

Buildable depth86 ft

Area~3,002 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 3,002 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5705 34TH AVE S MINNEAPOLIS MN 55417	EDWIN R QUIZHPI-CUZCO	TRIPLEX	$412,100	57 ft
5715 34TH AVE S MINNEAPOLIS MN 55417	JAMES M ANIBAL	RESIDENTIAL	$339,200	64 ft
5701 34TH AVE S MINNEAPOLIS MN 55417	5701 34TH AVE S LLC	APARTMENT	$549,000	107 ft
5723 34TH AVE S MINNEAPOLIS MN 55417	RICHARD WEBB TRUST	RESIDENTIAL-TWO UNIT	$260,500	130 ft
5706 35TH AVE S MINNEAPOLIS MN 55417	BRANDON J HEATH	RESIDENTIAL	$275,500	142 ft
5702 35TH AVE S MINNEAPOLIS MN 55417	HAROLD & LINDA SCHERTNER	VACANT LAND-RESIDENTIAL	$600	145 ft
5710 35TH AVE S MINNEAPOLIS MN 55417	KELLY SMITH	RESIDENTIAL	$301,900	145 ft
5700 35TH AVE S MINNEAPOLIS MN 55417	HAROLD E SCHERTNER ETAL	RESIDENTIAL	$329,900	155 ft
5716 35TH AVE S MINNEAPOLIS MN 55417	NICHOLAS W LOYE TRUST	RESIDENTIAL	$256,300	162 ft
5649 34TH AVE S MINNEAPOLIS MN 55417	5649 34TH AVE S LLC LLC	APARTMENT	$549,000	167 ft

Property History

Most Recent Sale

Date201808

Price$306,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,608