2435 34TH AVE S MINNEAPOLIS MN 55406

PID: 3102923240069

Property Overview

Parcel ID3102923240069

Lot Size6,280 sq ft (0.144 ac)

Lot Dimensions (est.)157 ft wide × 40 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerJ R THUROW & M A THUROW

Assessed Value$561,200

Land Value$204,000

Building Value$357,200

Annual Tax$8,903

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $37K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

AdditionJul 2025Closed

$28K

Rusco Kitchen Remodelers

MiscOct 2023Closed

$9K

NMC EXTERIORS AND REMODELING

ExistresOct 2018Closed

Home Energy Center Inc

ResJan 2018Closed

Urban Pine Plumbing and Mechanical Inc

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

Neighborhood Profile

Seward · Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

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 depth117 ft

Area~3,509 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 3,509 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
2437 34TH AVE S MINNEAPOLIS MN 55406	M A & V C WESTRUM OSTROM	RESIDENTIAL	$283,000	40 ft
2429 34TH AVE S MINNEAPOLIS MN 55406	T RAPSON & J M CZAIA	RESIDENTIAL	$571,000	40 ft
2441 34TH AVE S MINNEAPOLIS MN 55406	KATHRYN E BARD	RESIDENTIAL	$419,900	80 ft
2425 34TH AVE S MINNEAPOLIS MN 55406	JOHN R BEAMISH & WIFE	RESIDENTIAL	$345,600	80 ft
2445 34TH AVE S MINNEAPOLIS MN 55406	S M MEGER & J R BERENS	RESIDENTIAL	$451,200	120 ft
2421 34TH AVE S MINNEAPOLIS MN 55406	BETH L BEAMISH	RESIDENTIAL	$414,200	120 ft
2449 34TH AVE S MINNEAPOLIS MN 55406	MARLOW JAMES HOUGEN	RESIDENTIAL	$357,700	159 ft
2417 34TH AVE S MINNEAPOLIS MN 55406	K R BEDNARSKI/M J ANDERSON	RESIDENTIAL	$717,600	160 ft
2428 35TH AVE S MINNEAPOLIS MN 55406	ERIC J HAUER & LAURA C HAUER	RESIDENTIAL	$523,600	172 ft
2430 35TH AVE S MINNEAPOLIS MN 55406	IRENE M GREENE	RESIDENTIAL	$428,100	176 ft

Property History

Most Recent Sale

Date198407

Price$71,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,903