6020 3RD AVE S MINNEAPOLIS MN 55419

PID: 2202824430020

Property Overview

Parcel ID2202824430020

Lot Size6,077 sq ft (0.140 ac)

Lot Dimensions (est.)152 ft wide × 40 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerLAURA M MORRIS

Assessed Value$276,600

Land Value$130,000

Building Value$146,600

Annual Tax$3,962

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

1 permit on record since 2024 · Most recent: Mar 2024 (res)

ResMar 2024Closed

Laura Morris

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,284/mo

Renter-occupied43.4%

Median home value$373K

Vacancy rate7.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.03

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth112 ft

Area~3,358 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 sfr / adu benchmarks for 3,358 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
6024 3RD AVE S MINNEAPOLIS MN 55419	DONALD E ZWOLENSKY JR ETAL	RESIDENTIAL	$304,600	39 ft
6016 3RD AVE S MINNEAPOLIS MN 55419	MICHAEL DESISTO	RESIDENTIAL	$238,000	40 ft
6028 3RD AVE S MINNEAPOLIS MN 55419	S MARCELLINO & J R STANCH	RESIDENTIAL	$337,700	78 ft
6012 3RD AVE S MINNEAPOLIS MN 55419	MEGAN LOVEJOY	RESIDENTIAL	$331,300	80 ft
6032 3RD AVE S MINNEAPOLIS MN 55419	ALANA GRACE WYNNE	RESIDENTIAL	$691,000	117 ft
6008 3RD AVE S MINNEAPOLIS MN 55419	JOANNE M BODOCZY	RESIDENTIAL	$387,400	120 ft
6036 3RD AVE S MINNEAPOLIS MN 55419	ANDREAS J GOERES	RESIDENTIAL	$298,000	157 ft
6004 3RD AVE S MINNEAPOLIS MN 55419	M URZUA & C URZUA-VASQUEZ	RESIDENTIAL	$278,000	160 ft
6021 2ND AVE S MINNEAPOLIS MN 55419	CHEMI DOLKAR	RESIDENTIAL	$160,000	165 ft
6017 2ND AVE S MINNEAPOLIS MN 55419	JOHN THOMAS ANDERSON	RESIDENTIAL	$302,000	170 ft

Property History

Most Recent Sale

Date202312

Price$296,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,962