2802 32ND AVE S MINNEAPOLIS MN 55406

PID: 3102923330042

Property Overview

Parcel ID3102923330042

Lot Size5,123 sq ft (0.118 ac)

Lot Dimensions (est.)142 ft wide × 36 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJ DAUGHERTY & M DAUGHERTY

Assessed Value$313,000

Land Value$125,000

Building Value$188,000

Annual Tax$4,587

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

No permits found in Minneapolis open data for this parcel.

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 width26 ft

Buildable depth102 ft

Area~2,660 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 2,660 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2800 32ND AVE S MINNEAPOLIS MN 55406	BLAKE HUOVIE & CHAD HUOVIE	RESIDENTIAL-TWO UNIT	$344,700	32 ft
2804 32ND AVE S MINNEAPOLIS MN 55406	ERIC LECY	RESIDENTIAL	$272,100	38 ft
2808 32ND AVE S MINNEAPOLIS MN 55406	JASON ORNE	RESIDENTIAL	$210,000	78 ft
2812 32ND AVE S MINNEAPOLIS MN 55406	SAVIT H BOYD	LOW INCOME RENTAL	$437,000	122 ft
2805 31ST AVE S MINNEAPOLIS MN 55406	J R HARNEY & A D HARNEY	RESIDENTIAL	$363,400	156 ft
2801 31ST AVE S MINNEAPOLIS MN 55406	STEPHANIE VIERLING	RESIDENTIAL	$248,000	156 ft
2816 32ND AVE S MINNEAPOLIS MN 55406	ANITA JUREVICA	RESIDENTIAL	$462,300	170 ft
2809 31ST AVE S MINNEAPOLIS MN 55406	AMIRA MUKTAR	APARTMENT	$572,000	171 ft
2815 31ST AVE S MINNEAPOLIS MN 55406	ANDREW MAROTZ	RESIDENTIAL	$288,800	197 ft
2801 32ND AVE S MINNEAPOLIS MN 55406	B FRIDENSTINE & M KEEFE	RESIDENTIAL	$324,300	203 ft

Property History

Most Recent Sale

Date200407

Price$219,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,587