3104 22ND ST E MINNEAPOLIS MN 55406

PID: 3102923220061

Property Overview

Parcel ID3102923220061

Lot Size3,851 sq ft (0.088 ac)

Lot Dimensions (est.)41 ft wide × 94 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerG OLSON & B K OLSON

Assessed Value$311,600

Land Value$129,000

Building Value$182,600

Annual Tax$4,564

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $16K total declared value · Most recent: Mar 2025 (existres)

ExistresMar 2025Expired

The Snelling Co Inc

AdditionJul 2020Closed

$9K

METRO REMODELING MN

ExistresMar 2019Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

ResFeb 2019Closed

I Site 2 Plumbing LLC

RemodelFeb 2019Closed

$7K

METRO REMODELING MN

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

Neighborhood Profile

Seward · Minneapolis

Median reported rent872/mo

Renter-occupied55.6%

Median home value$330K

Vacancy rate2.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1064

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth56 ft

Area~1,689 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 1,689 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3100 22ND ST E MINNEAPOLIS MN 55406	GABRIEL J HARREN	RESIDENTIAL-TWO UNIT	$391,300	42 ft
3110 22ND ST E MINNEAPOLIS MN 55406	TYLER MAXSON & ANDREA NELSON	RESIDENTIAL	$299,800	42 ft
3116 22ND ST E MINNEAPOLIS MN 55406	KARL D PEARSON-CATER ET AL	RESIDENTIAL	$438,000	97 ft
2116 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	E S DAIGRE & M V LICHT	RESIDENTIAL	$311,400	107 ft
2100 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	P J GLEASON & L D GLEASON	RESIDENTIAL	$370,800	113 ft
3118 22ND ST E MINNEAPOLIS MN 55406	KENNETH P BERG	RESIDENTIAL	$231,700	150 ft
3105 22ND ST E MINNEAPOLIS MN 55406	L MARSHALL & M A DUFFY	RESIDENTIAL	$314,900	193 ft
3109 22ND ST E MINNEAPOLIS MN 55406	K D BOHN & M M PELLETTIERE	RESIDENTIAL	$345,800	196 ft
3122 22ND ST E MINNEAPOLIS MN 55406	BRENDA KAY SEELY	RESIDENTIAL	$152,000	197 ft
3101 22ND ST E MINNEAPOLIS MN 55406	JACOB D BRUEMMER	RESIDENTIAL	$340,500	199 ft

Property History

Most Recent Sale

Date202308

Price$312,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,564