2845 34TH AVE S MINNEAPOLIS MN 55406

PID: 3102923340208

Property Overview

Parcel ID3102923340208

Lot Size4,887 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerMARLON M MASANZ & M CHAIART

Assessed Value$358,100

Land Value$123,000

Building Value$235,100

Annual Tax$5,343

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

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 depth82 ft

Area~2,464 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 2,464 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
2849 34TH AVE S MINNEAPOLIS MN 55406	M B SIVERTSON & J M BLAHA	RESIDENTIAL	$240,000	40 ft
2841 34TH AVE S MINNEAPOLIS MN 55406	BRIAN O'NEAL	RESIDENTIAL	$234,300	40 ft
2837 34TH AVE S MINNEAPOLIS MN 55406	FLOYD TERRY WALKER	RESIDENTIAL	$275,000	80 ft
2853 34TH AVE S MINNEAPOLIS MN 55406	BRIAN R CARLSON ET AL	RESIDENTIAL	$387,300	85 ft
2833 34TH AVE S MINNEAPOLIS MN 55406	GABRIEL T RICHARDSON ET AL	RESIDENTIAL	$280,100	120 ft
2844 35TH AVE S MINNEAPOLIS MN 55406	L L SCOTT ETAL	RESIDENTIAL	$223,400	139 ft
2840 35TH AVE S MINNEAPOLIS MN 55406	JOSEPH J CASSELL	RESIDENTIAL	$292,700	144 ft
2848 35TH AVE S MINNEAPOLIS MN 55406	M T STEWART & T M STEWART	RESIDENTIAL	$336,900	145 ft
2836 35TH AVE S MINNEAPOLIS MN 55406	D N HABERMAN & N A TOWNSEND	RESIDENTIAL	$305,400	160 ft
2829 34TH AVE S MINNEAPOLIS MN 55406	ANN MEANY	RESIDENTIAL	$273,200	160 ft

Property History

Most Recent Sale

Date200907

Price$212,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,343