3124 24TH ST E MINNEAPOLIS MN 55406

PID: 3102923220150

Property Overview

Parcel ID3102923220150

Lot Size5,210 sq ft (0.120 ac)

Lot Dimensions (est.)42 ft wide × 125 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerR H & S E HADDOW

Assessed Value$300,000

Land Value$154,000

Building Value$146,000

Annual Tax$4,370

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $35K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

ResFeb 2025Closed

Water Heaters Now Inc

MiscApr 2022Closed

$5K

REROOF AMERICA CORP

AdditionAug 2020Closed

$30K

Robert Haddow

ExistresMay 2019Closed

Ray N Welter Heating Co

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 depth90 ft

Area~2,707 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 2,707 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
3128 24TH ST E MINNEAPOLIS MN 55406	MARGENY LLC	RESIDENTIAL-TWO UNIT	$548,600	40 ft
3120 24TH ST E MINNEAPOLIS MN 55406	TONI M DECKER	RESIDENTIAL	$314,400	40 ft
3116 24TH ST E MINNEAPOLIS MN 55406	ANDREA MARIE BIE	RESIDENTIAL-TWO UNIT	$420,900	80 ft
2312 32ND AVE S MINNEAPOLIS MN 55406	M J FERGUSON & S NELSON	RESIDENTIAL-TWO UNIT	$473,600	101 ft
3112 24TH ST E MINNEAPOLIS MN 55406	N WOJCIAK & KELSEY WOJCIAK	RESIDENTIAL	$252,700	120 ft
3200 24TH ST E MINNEAPOLIS MN 55406	SEWARD NURSERY SCHOOL INC	COMMERCIAL-PREFERRED	$0	140 ft
2308 32ND AVE S MINNEAPOLIS MN 55406	MARCIA GREENFIELD TRUST	RESIDENTIAL	$479,800	142 ft
3108 24TH ST E MINNEAPOLIS MN 55406	E MCCLEAR & B MCCLEAR	RESIDENTIAL	$366,300	160 ft
3204 24TH ST E MINNEAPOLIS MN 55406	MARA LEBLANC/CAMERON NELSON	RESIDENTIAL	$333,000	180 ft
2304 32ND AVE S MINNEAPOLIS MN 55406	JUDITH JULIG	RESIDENTIAL	$347,900	183 ft

Property History

Most Recent Sale

Date199006

Price$86,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,370