2805 36TH AVE S MINNEAPOLIS MN 55406

PID: 3102923340056

Property Overview

Parcel ID3102923340056

Lot Size5,130 sq ft (0.118 ac)

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

Year Built1908

Property ClassRESIDENTIAL

OwnerLYNETTE K FOSSUM

Assessed Value$210,900

Land Value$119,000

Building Value$91,900

Annual Tax$2,877

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

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
2809 36TH AVE S MINNEAPOLIS MN 55406	B ALKATOUT & J KNISELY	RESIDENTIAL-TWO UNIT	$344,900	40 ft
2801 36TH AVE S MINNEAPOLIS MN 55406	MARGARET C WATSON	RESIDENTIAL	$267,800	44 ft
2815 36TH AVE S MINNEAPOLIS MN 55406	TERENCE ANDRIOLO	RESIDENTIAL	$272,200	80 ft
2817 36TH AVE S MINNEAPOLIS MN 55406	THOMAS A FRYKMAN	RESIDENTIAL	$228,000	120 ft
2804 37TH AVE S MINNEAPOLIS MN 55406	JODY A EBERT	RESIDENTIAL	$275,200	142 ft
2808 37TH AVE S MINNEAPOLIS MN 55406	J MONTOYA & D MERLEY	RESIDENTIAL	$372,000	148 ft
2800 37TH AVE S MINNEAPOLIS MN 55406	CHRISTOPHER D MADDY	RESIDENTIAL-TWO UNIT	$435,000	149 ft
2821 36TH AVE S MINNEAPOLIS MN 55406	G W SHARDLOW & M L JOHNSTON	RESIDENTIAL	$327,300	160 ft
2812 37TH AVE S MINNEAPOLIS MN 55406	FRANCES K VAVRUS	RESIDENTIAL	$323,500	163 ft
2816 37TH AVE S MINNEAPOLIS MN 55406	AMANDA STROMQUIST	RESIDENTIAL	$329,100	186 ft

Property History

Most Recent Sale

Date200408

Price$128,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,877