3308 24TH ST E MINNEAPOLIS MN 55406

PID: 3102923220101

Property Overview

Parcel ID3102923220101

Lot Size5,121 sq ft (0.118 ac)

Lot Dimensions (est.)41 ft wide × 124 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerG BARNIDGE & M BARNIDGE

Assessed Value$515,000

Land Value$155,000

Building Value$360,000

Annual Tax$8,022

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2024 · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

ResApr 2025Final Inspection

Miles Barnidge

ResApr 2025Closed

Erik Nelson Plumbing LLC

ExistresAug 2024Closed

Standard Heating and Air Conditioning Inc

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

Estimated · verify frontage

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 width28 ft

Buildable depth84 ft

Area~3,042 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 3,042 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3304 24TH ST E MINNEAPOLIS MN 55406	OTTO RAMSTAD REVOCABLE TRUST	RESIDENTIAL-TWO UNIT	$506,400	40 ft
2320 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	JASON E MCDONALD	RESIDENTIAL-TWO UNIT	$520,200	67 ft
3300 24TH ST E MINNEAPOLIS MN 55406	PAUL MARK HUDALLA	RESIDENTIAL	$357,600	80 ft
2315 33RD AVE S MINNEAPOLIS MN 55406	ELIZABETH SHERRI LESSINGER	RESIDENTIAL	$295,200	117 ft
2401 33RD AVE S MINNEAPOLIS MN 55406	P P SCHAFFNER & K E MOSS	RESIDENTIAL	$355,700	165 ft
2317 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	MARY ANN BJORNEBY	RESIDENTIAL	$345,800	178 ft
2313 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	MARK L ROA	RESIDENTIAL	$332,800	182 ft
2321 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	E B MARIA & A GREIM	RESIDENTIAL	$322,100	183 ft
3228 24TH ST E MINNEAPOLIS MN 55406	KATHERINE ANDERS ET AL	RESIDENTIAL-TWO UNIT	$474,400	185 ft
2325 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	ANDREW PHELAN JR TRUSTEE	RESIDENTIAL	$335,400	195 ft

Property History

Most Recent Sale

Date202407

Price$612,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,022