2932 36TH AVE S MINNEAPOLIS MN 55406

PID: 3102923340149

Property Overview

Parcel ID3102923340149

Lot Size5,130 sq ft (0.118 ac)

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

Year Built1920

Property ClassRESIDENTIAL

OwnerCREIG ANDREASEN

Assessed Value$284,800

Land Value$117,000

Building Value$167,800

Annual Tax$4,115

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

3 permits on record since 2018 · $8K total declared value · Most recent: Feb 2020 (res)

ResFeb 2020Closed

CenterPoint Energy Resource Corp

ResMay 2018Closed

Jay M Saari

RemodelMay 2018Closed

$8K

Jay M Saari

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
2928 36TH AVE S MINNEAPOLIS MN 55406	PAUL L ST ANDREW LIVING TR	RESIDENTIAL-TWO UNIT	$298,400	40 ft
2936 36TH AVE S MINNEAPOLIS MN 55406	D T MARKS & S B ERNHART	RESIDENTIAL-TWO UNIT	$388,100	40 ft
2924 36TH AVE S MINNEAPOLIS MN 55406	ELIZABETH MARIE BLAIR	RESIDENTIAL	$277,500	80 ft
2940 36TH AVE S MINNEAPOLIS MN 55406	ZANZIBAR FINANCING INC	COMMERCIAL-PREFERRED	$464,000	80 ft
2920 36TH AVE S MINNEAPOLIS MN 55406	HANNAH LUTZ	RESIDENTIAL	$312,600	120 ft
2933 35TH AVE S MINNEAPOLIS MN 55406	JOHN WULTERKENS	RESIDENTIAL	$268,500	142 ft
2937 35TH AVE S MINNEAPOLIS MN 55406	ALLYSON J LEONARD	RESIDENTIAL	$219,500	147 ft
2929 35TH AVE S MINNEAPOLIS MN 55406	CRAIG LAWRENCE WOOD	RESIDENTIAL-TWO UNIT	$340,300	148 ft
2916 36TH AVE S MINNEAPOLIS MN 55406	SCOTT CHRISTENSEN ET AL	RESIDENTIAL	$351,800	160 ft
2941 35TH AVE S MINNEAPOLIS MN 55406	MAIRE KIRLEY	RESIDENTIAL	$265,000	164 ft

Property History

Most Recent Sale

Date202105

Price$278,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,115