2915 32ND AVE S MINNEAPOLIS MN 55406

PID: 3102923330103

Property Overview

Parcel ID3102923330103

Lot Size6,831 sq ft (0.157 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerKATHERINE FELLMAN ET AL

Assessed Value$376,900

Land Value$140,000

Building Value$236,900

Annual Tax$5,658

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

1 permit on record since 2024 · Most recent: Feb 2024 (res)

ResFeb 2024Closed

MN Plumbing & Home Services 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
2917 32ND AVE S MINNEAPOLIS MN 55406	S D MUNHOLLAND-PORTER ETAL	RESIDENTIAL	$327,100	40 ft
2909 32ND AVE S MINNEAPOLIS MN 55406	E V BRANDEN & J P CONNOLLY	RESIDENTIAL	$363,200	48 ft
2923 32ND AVE S MINNEAPOLIS MN 55406	MATTHEW C VERNON	RESIDENTIAL	$330,700	88 ft
2905 32ND AVE S MINNEAPOLIS MN 55406	T MADDUX & M MADDUX	RESIDENTIAL	$301,000	96 ft
2925 32ND AVE S MINNEAPOLIS MN 55406	HATTIE HILER	RESIDENTIAL	$315,000	144 ft
2901 32ND AVE S MINNEAPOLIS MN 55406	ST ALBERT THE GREAT	LAND-COMMERCIAL	$0	145 ft
2912 33RD AVE S MINNEAPOLIS MN 55406	K L ROTH & S E WIRTH-DAVIS	RESIDENTIAL	$347,800	154 ft
2916 33RD AVE S MINNEAPOLIS MN 55406	LINDSAY KUEHN	RESIDENTIAL	$215,000	161 ft
2908 33RD AVE S MINNEAPOLIS MN 55406	P J ZILLHART & R M FROST TR	RESIDENTIAL	$328,800	162 ft
2922 33RD AVE S MINNEAPOLIS MN 55406	B J PETERSON & R A PETERSON	RESIDENTIAL-TWO UNIT	$373,700	181 ft

Property History

Most Recent Sale

Date202407

Price$377,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,658