2313 24TH ST E MINNEAPOLIS MN 55406

PID: 3602924240075

Property Overview

Parcel ID3602924240075

Lot Size4,474 sq ft (0.103 ac)

Lot Dimensions (est.)40 ft wide × 111 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerB Y ARCAND & A M TROSCHINETZ

Assessed Value$261,100

Land Value$127,000

Building Value$134,100

Annual Tax$3,718

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

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 ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Seward · Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

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 depth72 ft

Area~2,156 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 2,156 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2309 24TH ST E MINNEAPOLIS MN 55406	LOGAN CAMILLI	RESIDENTIAL	$299,900	66 ft
2404 24TH AVE S MINNEAPOLIS MN 55406	BLAINE GARRETT	RESIDENTIAL	$417,700	83 ft
2400 24TH AVE S MINNEAPOLIS MN 55406	DANIEL SLOTMAN/AMELIA ODENS	RESIDENTIAL	$338,000	83 ft
2408 24TH AVE S MINNEAPOLIS MN 55406	C E M BURKE & C Q BURKE	RESIDENTIAL	$407,100	96 ft
2307 24TH ST E MINNEAPOLIS MN 55406	HANAH BERHANE	RESIDENTIAL	$230,800	110 ft
2412 24TH AVE S MINNEAPOLIS MN 55406	WELLS BOVARD	TRIPLEX	$427,300	131 ft
2409 23RD AVE S MINNEAPOLIS MN 55404	MARY ELMSTRAND	RESIDENTIAL-TWO UNIT	$392,300	133 ft
2305 24TH ST E MINNEAPOLIS MN 55406	Z A SZYMAN & A G SZYMAN	RESIDENTIAL	$281,500	140 ft
2411 23RD AVE S MINNEAPOLIS MN 55404	KATHARINE A WOODMAN-MAYNARD	RESIDENTIAL-TWO UNIT	$373,600	155 ft
2414 24TH AVE S MINNEAPOLIS MN 55406	APRIL NELSON & AMANDA NELSON	RESIDENTIAL-TWO UNIT	$364,600	168 ft

Property History

Most Recent Sale

Date201412

Price$50,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,718