2912 34TH AVE S MINNEAPOLIS MN 55406

PID: 3102923330132

Property Overview

Parcel ID3102923330132

Lot Size6,831 sq ft (0.157 ac)

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

Year Built1930

Property ClassCONDOMINIUM

OwnerVINCENT PAUL DEBRITTO

Assessed Value$135,000

Land Value$33,000

Building Value$102,000

Annual Tax$1,607

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

5 permits on record since 2022 · Most recent: May 2025 (commercial minor)

Commercial MinorMay 2025Inspection

4Front Energy Solutions Inc

ResApr 2022Closed

CenterPoint Energy Resource Corp

ResApr 2022Closed

CenterPoint Energy Resource Corp

ResApr 2022Closed

CenterPoint Energy Resource Corp

ResApr 2022Closed

CenterPoint Energy Resource Corp

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

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2912 34TH AVE S MINNEAPOLIS MN 55406	JANE JEFFERSON	CONDOMINIUM	$133,000	0 ft
2912 34TH AVE S MINNEAPOLIS MN 55406	MARJORIE MCGOWN	CONDOMINIUM	$134,000	0 ft
2912 34TH AVE S MINNEAPOLIS MN 55406	REBECCA ANN LUCERO	CONDOMINIUM	$137,000	0 ft
MN	Unknown	—	—	0 ft
2908 34TH AVE S MINNEAPOLIS MN 55406	THOMAS C HOLM ETAL	RESIDENTIAL	$339,500	48 ft
2916 34TH AVE S MINNEAPOLIS MN 55406	J ZUBIA & M D FLORES-RIVAS	RESIDENTIAL	$274,700	48 ft
2904 34TH AVE S MINNEAPOLIS MN 55406	MARK RIVARD	RESIDENTIAL	$296,800	96 ft
2920 34TH AVE S MINNEAPOLIS MN 55406	TODD MCCOY LIV TR ET AL	RESIDENTIAL	$307,100	96 ft
3319 29TH ST E MINNEAPOLIS MN 55406	JONATHAN LOCKE SUSAN LOCKE	RESIDENTIAL	$169,200	144 ft
2924 34TH AVE S MINNEAPOLIS MN 55406	PAMELA SEITZ	RESIDENTIAL	$263,300	144 ft

Property History

Most Recent Sale

Date201608

Price$109,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,607