6140 3RD AVE S MINNEAPOLIS MN 55419

PID: 2202824430100

Property Overview

Parcel ID2202824430100

Lot Size4,621 sq ft (0.106 ac)

Lot Dimensions (est.)140 ft wide × 33 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerK SWANSON & D SWANSON

Assessed Value$256,000

Land Value$90,000

Building Value$166,000

Annual Tax$3,619

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

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 width127 ft

Buildable depth0 ft

Area~2,415 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,415 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
6136 3RD AVE S MINNEAPOLIS MN 55419	JENNIFER M GRANER	RESIDENTIAL	$276,000	42 ft
6132 3RD AVE S MINNEAPOLIS MN 55419	TYLER HANDLEY & SYDNEY VEUM	RESIDENTIAL	$280,700	80 ft
6128 3RD AVE S MINNEAPOLIS MN 55419	J MOORE & R WEINSTEIN	RESIDENTIAL	$304,000	118 ft
6124 3RD AVE S MINNEAPOLIS MN 55419	J THIBODEAU & L ARCHERD	RESIDENTIAL	$300,000	156 ft
6141 3RD AVE S MINNEAPOLIS MN 55419	D R & M J FRAHM	RESIDENTIAL	$309,800	184 ft
6143 3RD AVE S MINNEAPOLIS MN 55419	JAWERIYO ALI HASSAN	RESIDENTIAL	$311,400	188 ft
6137 3RD AVE S MINNEAPOLIS MN 55419	RANDALL L O'BRIEN	RESIDENTIAL	$333,900	189 ft
6120 3RD AVE S MINNEAPOLIS MN 55419	JOAN C LOSHEK	RESIDENTIAL	$343,100	196 ft
6129 2ND AVE S MINNEAPOLIS MN 55419	NAZMOON N AUDAM	RESIDENTIAL	$348,300	198 ft
6133 3RD AVE S MINNEAPOLIS MN 55419	ELIZABETH ANNE SCHROEDER	RESIDENTIAL	$324,900	201 ft

Property History

Most Recent Sale

Date200605

Price$500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,619