2824 34TH AVE S MINNEAPOLIS MN 55406

PID: 3102923330007

Property Overview

Parcel ID3102923330007

Lot Size6,831 sq ft (0.157 ac)

Lot Dimensions (est.)142 ft wide × 48 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerB A JOHNSON & E J JOHNSON

Assessed Value$309,200

Land Value$143,000

Building Value$166,200

Annual Tax$4,524

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Opportunity ZoneHigh

Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.

HUD Opportunity Zones ↗

Potential programs

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

7 permits on record since 2017 · $35K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$5K

KAUFMAN SHEET METAL ROOFING INC

MiscSep 2023Closed

$16K

LINDUS CONSTRUCTION

ExistresNov 2021Closed

Standard Heating and Air Conditioning Inc

ExistresJun 2021Closed

TWIN CITY HEATING AND AIR

RemodelMar 2021Closed

$8K

Minnesota Rusco Inc

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

Neighborhood Profile

Longfellow · Minneapolis

Median reported rent1,200/mo

Renter-occupied43.8%

Median home value$252K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1074

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 width38 ft

Buildable depth102 ft

Area~3,887 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 3,887 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2820 34TH AVE S MINNEAPOLIS MN 55406	REBECCA POWER	RESIDENTIAL	$269,300	48 ft
2828 34TH AVE S MINNEAPOLIS MN 55406	EMMALINE Z HILTY	RESIDENTIAL	$318,600	48 ft
2816 34TH AVE S MINNEAPOLIS MN 55406	C BARRETT & P E GROYNOM	RESIDENTIAL	$412,900	96 ft
2832 34TH AVE S MINNEAPOLIS MN 55406	RONALD GREGORY PROCENKO	RESIDENTIAL	$290,000	96 ft
2812 34TH AVE S MINNEAPOLIS MN 55406	IH2 PROPERTY ILLINOIS LP	RESIDENTIAL	$342,100	144 ft
2836 34TH AVE S MINNEAPOLIS MN 55406	S M MEDDAUGH & C L MEISINGER	RESIDENTIAL	$405,300	144 ft
2825 33RD AVE S MINNEAPOLIS MN 55406	TAYLOR HENNING	RESIDENTIAL	$272,400	154 ft
2829 33RD AVE S MINNEAPOLIS MN 55406	TARA ROBERTSON	RESIDENTIAL	$312,900	161 ft
2821 33RD AVE S MINNEAPOLIS MN 55406	JASON L BLAZINA	RESIDENTIAL	$301,000	161 ft
2817 33RD AVE S MINNEAPOLIS MN 55406	JEAN M FOSTER	RESIDENTIAL	$341,100	181 ft

Property History

Most Recent Sale

Date198706

Price$59,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,524