2912 35TH AVE S MINNEAPOLIS MN 55406

PID: 3102923340171

Property Overview

Parcel ID3102923340171

Lot Size7,053 sq ft (0.162 ac)

Lot Dimensions (est.)128 ft wide × 55 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerKEVIN JAMES MCCLELLAN

Assessed Value$307,000

Land Value$141,000

Building Value$166,000

Annual Tax$4,753

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 ↗

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

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 width45 ft

Buildable depth88 ft

Area~3,969 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 3,969 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2904 35TH AVE S MINNEAPOLIS MN 55406	H HANSEN & K J HANSEN	RESIDENTIAL	$282,100	47 ft
2916 35TH AVE S MINNEAPOLIS MN 55406	MAHMOUD ALIAMER	RESIDENTIAL	$255,200	55 ft
2900 35TH AVE S MINNEAPOLIS MN 55406	JUSTIN J/TALIA A A PLETCHER	RESIDENTIAL	$358,700	87 ft
2920 35TH AVE S MINNEAPOLIS MN 55406	JOHN E OTT	RESIDENTIAL	$466,600	108 ft
2909 34TH AVE S MINNEAPOLIS MN 55406	PAUL J BRUST ET AL	RESIDENTIAL	$233,700	140 ft
2915 34TH AVE S MINNEAPOLIS MN 55406	F M MENDIETA/D P HERNANDEZ	RESIDENTIAL	$275,200	144 ft
2905 34TH AVE S MINNEAPOLIS MN 55406	ANNE THOMPSON	RESIDENTIAL	$304,600	148 ft
2924 35TH AVE S MINNEAPOLIS MN 55406	ALLIANCE HOUSING INC	LOW INCOME RENTAL	$697,000	158 ft
2917 34TH AVE S MINNEAPOLIS MN 55406	ERIC L KILEN REV TR ET AL	RESIDENTIAL	$284,600	158 ft
2901 34TH AVE S MINNEAPOLIS MN 55406	JAMES PETERSON	APARTMENT	$399,000	165 ft

Property History

Current Tax Year

Year2026

Tax Due$4,753