2601 35TH AVE S MINNEAPOLIS MN 55406

PID: 3102923310059

Property Overview

Parcel ID3102923310059

Lot Size4,999 sq ft (0.115 ac)

Lot Dimensions (est.)40 ft wide × 125 ft deep

Year Built1975

Property ClassRESIDENTIAL

OwnerKEVIN C & TERESA L BARNES

Assessed Value$339,300

Land Value$173,000

Building Value$166,300

Annual Tax$5,028

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $36K total declared value · Most recent: Jun 2023 (remodel)

RemodelJun 2023Closed

$5K

Three Rivers Contracting LLC

ResFeb 2023Closed

CENTERPOINT ENERGY

ExistresApr 2022Closed

4Front Energy Solutions Inc

RemodelAug 2020Closed

$8K

ALL ENERGY SOLAR INC

MiscAug 2018Closed

$23K

TERESA BARNES

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 width27 ft

Buildable depth85 ft

Area~9 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Marginal

Back-of-envelope estimate based on sfr / adu benchmarks for 9 sqft buildable area.

Est. units

Yield on cost

5.8%

Spread

+0.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3505 26TH ST E MINNEAPOLIS MN 55406	P E DONLIN / D D JENSEN	RESIDENTIAL	$311,900	40 ft
3509 26TH ST E MINNEAPOLIS MN 55406	D P CRISMAN & W MATTILA	RESIDENTIAL	$382,400	80 ft
3425 26TH ST E MINNEAPOLIS MN 55406	GAIL CARLSON TRUST	RESIDENTIAL	$295,400	95 ft
2613 35TH AVE S MINNEAPOLIS MN 55406	ALLAN D TOKUDA & S N ENZMANN	RESIDENTIAL	$424,100	107 ft
3515 26TH ST E MINNEAPOLIS MN 55406	T L BARNES & K C BARNES	RESIDENTIAL	$381,100	120 ft
3421 26TH ST E MINNEAPOLIS MN 55406	IKELER PROPERTIES SEWARD LLC	RESIDENTIAL-TWO UNIT	$330,000	130 ft
2617 35TH AVE S MINNEAPOLIS MN 55406	ZACHARY & KARISSA HOFER	RESIDENTIAL	$306,500	154 ft
3517 26TH ST E MINNEAPOLIS MN 55406	D W GAGNE & L S KROUSE	RESIDENTIAL	$319,600	159 ft
3417 26TH ST E MINNEAPOLIS MN 55406	BARBARA J CARLSON	RESIDENTIAL	$316,900	170 ft
2612 35TH AVE S MINNEAPOLIS MN 55406	ELISE SORENSEN	RESIDENTIAL	$269,300	174 ft

Property History

Most Recent Sale

Date201004

Price$219,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,028