2555 37TH AVE S MINNEAPOLIS MN 55406

PID: 3102923240100

Property Overview

Parcel ID3102923240100

Lot Size8,700 sq ft (0.200 ac)

Lot Dimensions (est.)157 ft wide × 55 ft deep

Year Built1952

Property ClassRESIDENTIAL

OwnerJ F HANSEN & G A HANSEN

Assessed Value$466,000

Land Value$233,000

Building Value$233,000

Annual Tax$7,149

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $61K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

RemodelApr 2024Closed

$10K

Jonathan Hansen

ResApr 2024Expired

Erik Nelson Plumbing LLC

MiscOct 2021Closed

$10K

WALKER ROOFING CO

AdditionAug 2020Closed

$38K

SANDCON REMODELING 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

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 depth15 ft

Area~4,962 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 4,962 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2551 37TH AVE S MINNEAPOLIS MN 55406	SANAA E/AIDA E KHALAFALLATR	RESIDENTIAL	$507,500	55 ft
2547 37TH AVE S MINNEAPOLIS MN 55406	NANCIANN Z KRUSE LIV TRUST	RESIDENTIAL	$520,600	111 ft
2543 37TH AVE S MINNEAPOLIS MN 55406	KONRAD W JOHNSON	RESIDENTIAL	$342,000	158 ft
3701 26TH ST E MINNEAPOLIS MN 55406	LOIS H OVERBY TRUST	RESIDENTIAL	$397,200	164 ft
2554 38TH AVE S MINNEAPOLIS MN 55406	JULIA J ANDERSON	RESIDENTIAL	$440,600	172 ft
3705 26TH ST E MINNEAPOLIS MN 55406	P MORIN & B HANNASCH MORIN	RESIDENTIAL	$420,000	173 ft
2604 37TH AVE S MINNEAPOLIS MN 55406	SUZANNE S SKORICH	RESIDENTIAL	$266,300	181 ft
2550 38TH AVE S MINNEAPOLIS MN 55406	MARCIA JENSEN & CLAYTON COOK	RESIDENTIAL	$798,000	182 ft
3709 26TH ST E MINNEAPOLIS MN 55406	SUSAN PAPKE & REID PAPKE	RESIDENTIAL	$286,500	189 ft
2539 37TH AVE S MINNEAPOLIS MN 55406	M H C HORSTMAN/E J LANGERAK	RESIDENTIAL	$445,300	198 ft

Property History

Most Recent Sale

Date201511

Price$262,150

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,149