3216 24TH ST E MINNEAPOLIS MN 55406

PID: 3102923220113

Property Overview

Parcel ID3102923220113

Lot Size5,221 sq ft (0.120 ac)

Lot Dimensions (est.)42 ft wide × 126 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerJAN E ADAMS

Assessed Value$324,200

Land Value$154,000

Building Value$170,200

Annual Tax$5,019

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2022 · $100K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

ExistresJan 2025Closed

BOEHM HEATING

MiscJan 2025Closed

$5K

MIDWEST WINDOW CO

ExistresOct 2024Expired

Ray Vinzant Plumbing LLC

RemodelOct 2024Closed

$14K

Dan's Home Restoration LLC

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 depth91 ft

Area~2,715 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 2,715 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3220 24TH ST E MINNEAPOLIS MN 55406	KATHLEEN JOYCE MALONEY	RESIDENTIAL	$280,600	40 ft
3212 24TH ST E MINNEAPOLIS MN 55406	SCOTT & BRENDA STODOLKA	RESIDENTIAL	$305,900	40 ft
3224 24TH ST E MINNEAPOLIS MN 55406	J A BRAMBLE & P A KNUTSON	RESIDENTIAL	$258,900	80 ft
3208 24TH ST E MINNEAPOLIS MN 55406	CARLY KRUSE/MARK SULLIVAN	RESIDENTIAL	$428,000	80 ft
2312 33RD AVE S MINNEAPOLIS MN 55406	KENNETH F ADAMS	RESIDENTIAL	$282,000	119 ft
3228 24TH ST E MINNEAPOLIS MN 55406	KATHERINE ANDERS ET AL	RESIDENTIAL-TWO UNIT	$474,400	120 ft
3204 24TH ST E MINNEAPOLIS MN 55406	MARA LEBLANC/CAMERON NELSON	RESIDENTIAL	$333,000	120 ft
2313 32ND AVE S MINNEAPOLIS MN 55406	STEVEN GRAVES	RESIDENTIAL	$426,300	143 ft
2308 33RD AVE S MINNEAPOLIS MN 55406	FRANCIS G MOSES	RESIDENTIAL	$281,200	155 ft
3200 24TH ST E MINNEAPOLIS MN 55406	SEWARD NURSERY SCHOOL INC	COMMERCIAL-PREFERRED	$0	160 ft

Property History

Most Recent Sale

Date202506

Price$270,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,019