2845 36TH AVE S MINNEAPOLIS MN 55406

PID: 3102923340046

Property Overview

Parcel ID3102923340046

Lot Size5,131 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerJ A NICHOLS & T HAAG

Assessed Value$276,200

Land Value$119,000

Building Value$157,200

Annual Tax$3,971

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 2017 · $41K total declared value · Most recent: Feb 2022 (misc)

MiscFeb 2022Closed

$30K

RENEWAL BY ANDERSEN CORP

ExistresAug 2019Closed

Mike's Custom Mechanical Inc

ExistresAug 2019Closed

Metro Heating & Cooling LLC

ResAug 2019Closed

Tony's Plumbing and Heating

RemodelJul 2019Closed

$11K

CRAFT MASTERS REMODELING 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 width30 ft

Buildable depth88 ft

Area~2,647 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 2,647 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
2849 36TH AVE S MINNEAPOLIS MN 55406	RANULFO ORTIZ ET AL	RESIDENTIAL	$265,200	40 ft
2841 36TH AVE S MINNEAPOLIS MN 55406	G R GOEPFRICH & K INOFERIO	RESIDENTIAL-TWO UNIT	$349,900	40 ft
2837 36TH AVE S MINNEAPOLIS MN 55406	HELEN S GARABITIAN	RESIDENTIAL	$238,800	80 ft
2853 36TH AVE S MINNEAPOLIS MN 55406	A STURDEVANT & L K PUFFER	RESIDENTIAL	$258,700	85 ft
2833 36TH AVE S MINNEAPOLIS MN 55406	TODD J REUBOLD LIVING TRUST	RESIDENTIAL	$266,400	120 ft
2844 37TH AVE S MINNEAPOLIS MN 55406	CLELIA COSTA SANTOS	RESIDENTIAL	$298,900	142 ft
2840 37TH AVE S MINNEAPOLIS MN 55406	CARRIE & RYAN OVERGAARD	RESIDENTIAL	$263,000	147 ft
2848 37TH AVE S MINNEAPOLIS MN 55406	CITY OF LAKES COMM LAND TRST	—	$227,500	147 ft
2829 36TH AVE S MINNEAPOLIS MN 55406	BRIDGET C BUCKLEY	RESIDENTIAL	$317,800	160 ft
2836 37TH AVE S MINNEAPOLIS MN 55406	RUSSELL C CARLSON ETAL	RESIDENTIAL	$264,700	162 ft

Property History

Most Recent Sale

Date200911

Price$160,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,971