2925 33RD AVE S MINNEAPOLIS MN 55406

PID: 3102923330124

Property Overview

Parcel ID3102923330124

Lot Size6,831 sq ft (0.157 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerR HAWKINS & J WEST

Assessed Value$351,700

Land Value$140,000

Building Value$211,700

Annual Tax$5,235

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

6 permits on record since 2018 · $5K total declared value · Most recent: Jul 2021 (misc)

MiscJul 2021Closed

$3K

Patrick Baxter Concrete and Masonry LLC

RemodelMay 2021Closed

$3K

Ken Lundell

ExistresMay 2021Closed

Ken Lundell

ResApr 2021Closed

Ken Lundell

ResMay 2018Closed

SCOTT THEILBAR O C INSTALLS LLC

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
2929 33RD AVE S MINNEAPOLIS MN 55406	FEBEN GOBENA	RESIDENTIAL	$427,500	48 ft
2921 33RD AVE S MINNEAPOLIS MN 55406	KOR LLC	RESIDENTIAL-TWO UNIT	$351,600	48 ft
2933 33RD AVE S MINNEAPOLIS MN 55406	T REGISTER & H DICKENS	RESIDENTIAL	$277,800	96 ft
2917 33RD AVE S MINNEAPOLIS MN 55406	M A COYNE & A E KEILTY	RESIDENTIAL	$345,600	96 ft
2915 33RD AVE S MINNEAPOLIS MN 55406	NANCY T MACE	RESIDENTIAL	$345,100	144 ft
2924 34TH AVE S MINNEAPOLIS MN 55406	PAMELA SEITZ	RESIDENTIAL	$263,300	154 ft
2928 34TH AVE S MINNEAPOLIS MN 55406	SHADI MATTHEW R HALABI	RESIDENTIAL	$249,000	159 ft
2920 34TH AVE S MINNEAPOLIS MN 55406	TODD MCCOY LIV TR ET AL	RESIDENTIAL	$307,100	161 ft
2932 34TH AVE S MINNEAPOLIS MN 55406	2932 34TH LLC	APARTMENT	$1,021,000	177 ft
2916 34TH AVE S MINNEAPOLIS MN 55406	J ZUBIA & M D FLORES-RIVAS	RESIDENTIAL	$274,700	182 ft

Property History

Most Recent Sale

Date202210

Price$399,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,235