2640 HUMBOLDT AVE S MINNEAPOLIS MN 55408

PID: 3302924310022

Property Overview

Parcel ID3302924310022

Lot Size7,499 sq ft (0.172 ac)

Lot Dimensions (est.)158 ft wide × 48 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerSCOTT T KLEIN ET AL

Assessed Value$740,800

Land Value$298,000

Building Value$442,800

Annual Tax$12,266

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $65K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$26K

CV CONTRACTING LLC

ExistresDec 2017Closed

Sayler Heating & Air Conditioning Inc

AccessoryOct 2017Closed

$28K

BODE BROTHERS GENERAL CONTRACTING

RemodelSep 2017Closed

$11K

GOODMANSON CONSTRUCTION INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

East Isles · Minneapolis

Median reported rent1,226/mo

Renter-occupied49.6%

Median home value$548K

Vacancy rate7.2%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1066

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 width40 ft

Buildable depth110 ft

Area~4,398 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 4,398 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2636 HUMBOLDT AVE S MINNEAPOLIS MN 55408	JOHN O'REILLEY	RESIDENTIAL	$730,700	50 ft
2644 HUMBOLDT AVE S MINNEAPOLIS MN 55408	O MAITRA & N DEVINE	RESIDENTIAL	$725,900	50 ft
2632 HUMBOLDT AVE S MINNEAPOLIS MN 55408	Z FORSCHLER & A L RAMBERG	RESIDENTIAL	$725,600	100 ft
2648 HUMBOLDT AVE S MINNEAPOLIS MN 55408	RICHARD T MOODY	APARTMENT	$923,000	100 ft
1516 27TH ST W MINNEAPOLIS MN 55408	BEAU DENTON	RESIDENTIAL	$913,000	136 ft
2628 HUMBOLDT AVE S MINNEAPOLIS MN 55408	HENNEPIN ISLES LLC	RESIDENTIAL-TWO UNIT	$623,000	150 ft
2647 IRVING AVE S MINNEAPOLIS MN 55408	T S K REVOCABLE TRUST	RESIDENTIAL-TWO UNIT	$882,600	164 ft
2643 IRVING AVE S MINNEAPOLIS MN 55408	JASON G HARP & LEAH HARP	RESIDENTIAL	$1,033,000	171 ft
1520 27TH ST W MINNEAPOLIS MN 55408	ELLEN K LONGMIRE	RESIDENTIAL	$866,100	180 ft
2639 IRVING AVE S MINNEAPOLIS MN 55408	J J HUGHES & K T VESSELLS	RESIDENTIAL	$892,000	192 ft

Property History

Most Recent Sale

Date200812

Price$587,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,266