2553 35TH AVE S MINNEAPOLIS MN 55406

PID: 3102923240113

Property Overview

Parcel ID3102923240113

Lot Size5,429 sq ft (0.125 ac)

Lot Dimensions (est.)103 ft wide × 53 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerERIC S BERGER/MAIA C TWEDT

Assessed Value$387,500

Land Value$181,000

Building Value$206,500

Annual Tax$5,834

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · $6K total declared value · Most recent: Dec 2024 (addition)

AdditionDec 2024Closed

$6K

ALL ENERGY SOLAR INC

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

Neighborhood Profile

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 width90 ft

Buildable depth13 ft

Area~2,453 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 2,453 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
2549 35TH AVE S MINNEAPOLIS MN 55406	A A JENG & I D PETERSON	RESIDENTIAL	$365,200	56 ft
2545 35TH AVE S MINNEAPOLIS MN 55406	DONNA LOUISE MILLER	RESIDENTIAL-TWO UNIT	$450,300	111 ft
3430 26TH ST E MINNEAPOLIS MN 55406	CYNTHIA L BURNS	RESIDENTIAL	$341,400	135 ft
3525 26TH ST E MINNEAPOLIS MN 55406	STEVEN D ERICKSON REV TRUST	RESIDENTIAL-TWO UNIT	$362,000	165 ft
3521 26TH ST E MINNEAPOLIS MN 55406	L SIMSTROM & N P A SIMSTROM	RESIDENTIAL	$359,000	165 ft
2541 35TH AVE S MINNEAPOLIS MN 55406	ELI WOODRUFF ANTHONY	RESIDENTIAL	$227,200	166 ft
3517 26TH ST E MINNEAPOLIS MN 55406	D W GAGNE & L S KROUSE	RESIDENTIAL	$319,600	174 ft
3426 26TH ST E MINNEAPOLIS MN 55406	HEIDI M ZIMMERMAN	RESIDENTIAL	$371,900	183 ft
3515 26TH ST E MINNEAPOLIS MN 55406	T L BARNES & K C BARNES	RESIDENTIAL	$381,100	191 ft
3601 26TH ST E MINNEAPOLIS MN 55406	STEVEN MICHAEL ANDERSON	RESIDENTIAL	$220,000	198 ft

Property History

Most Recent Sale

Date200706

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,834