2401 34TH AVE S MINNEAPOLIS MN 55406

PID: 3102923240076

Property Overview

Parcel ID3102923240076

Lot Size11,285 sq ft (0.259 ac)

Lot Dimensions (est.)157 ft wide × 72 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerCARMELA S KRANZ REV TR ET AL

Assessed Value$666,000

Land Value$278,000

Building Value$388,000

Annual Tax$10,893

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

ResOct 2025Closed

David Kranz

ExistresAug 2025Closed

STAFFORD HOME SERVICE

ResDec 2022Closed

Erik Nelson Plumbing LLC

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

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 width144 ft

Buildable depth32 ft

Area~6,887 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 6,887 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2409 34TH AVE S MINNEAPOLIS MN 55406	ANDREW J MARTINSON ET AL	RESIDENTIAL	$526,200	56 ft
2415 34TH AVE S MINNEAPOLIS MN 55406	FRANK M RANDALL	RESIDENTIAL	$618,000	96 ft
2417 34TH AVE S MINNEAPOLIS MN 55406	K R BEDNARSKI/M J ANDERSON	RESIDENTIAL	$717,600	136 ft
3406 24TH ST E MINNEAPOLIS MN 55406	TODD WEINHOLD	RESIDENTIAL	$396,000	137 ft
3402 24TH ST E MINNEAPOLIS MN 55406	B J DENISON & R M DENISON	RESIDENTIAL	$316,500	168 ft
2400 35TH AVE S MINNEAPOLIS MN 55406	GALEN ROBINSON	RESIDENTIAL	$619,300	172 ft
2421 34TH AVE S MINNEAPOLIS MN 55406	BETH L BEAMISH	RESIDENTIAL	$414,200	176 ft
2404 35TH AVE S MINNEAPOLIS MN 55406	SYDNEY POTTER	RESIDENTIAL	$347,200	181 ft
2408 35TH AVE S MINNEAPOLIS MN 55406	R A BURCK & Y E PEARSON	RESIDENTIAL	$443,800	196 ft
2337 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	A SAMPLES & L SAMPLES	RESIDENTIAL-TWO UNIT	$381,500	201 ft

Property History

Most Recent Sale

Date200208

Price$315,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$10,893