2920 31ST AVE S MINNEAPOLIS MN 55406

PID: 3602924440131

Property Overview

Parcel ID3602924440131

Lot Size6,217 sq ft (0.143 ac)

Lot Dimensions (est.)130 ft wide × 48 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerANNA HALL

Assessed Value$259,400

Land Value$96,000

Building Value$163,400

Annual Tax$3,690

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

4 permits on record since 2017 · $9K total declared value · Most recent: Sep 2024 (existres)

ExistresSep 2024Closed

Standard Heating and Air Conditioning Inc

MiscMay 2021Closed

$9K

Chimney Doctors

ExistresNov 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

ResOct 2017Closed

Urban Pine Plumbing and Mechanical Inc

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth90 ft

Area~3,401 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 3-story wood frame (5–12 units) benchmarks for 3,401 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2916 31ST AVE S MINNEAPOLIS MN 55406	C HOSANSKY & S HOSANSKY	RESIDENTIAL	$307,300	44 ft
2924 31ST AVE S MINNEAPOLIS MN 55406	GOOD DOMUS DUO LLC	RESIDENTIAL	$207,400	46 ft
2912 31ST AVE S MINNEAPOLIS MN 55406	ELIZABETH D GRAYDEN	RESIDENTIAL	$282,400	84 ft
2928 31ST AVE S MINNEAPOLIS MN 55406	DEBRA ANN STINAR	RESIDENTIAL	$245,300	91 ft
2910 31ST AVE S MINNEAPOLIS MN 55406	ARNOLD D BLAIR	RESIDENTIAL	$131,000	120 ft
2930 31ST AVE S MINNEAPOLIS MN 55406	ENITAN YARBROUGH	RESIDENTIAL	$275,100	133 ft
2921 30TH AVE S MINNEAPOLIS MN 55406	MSP MFP1 LP	APARTMENT	$522,000	141 ft
2917 30TH AVE S MINNEAPOLIS MN 55406	COLLEEN BRENNAN	RESIDENTIAL	$222,600	148 ft
2925 30TH AVE S MINNEAPOLIS MN 55406	ALEXANDER MACGILLIS	RESIDENTIAL	$175,900	149 ft
2908 31ST AVE S MINNEAPOLIS MN 55406	BENJAMIN J VANACKEREN ETAL	RESIDENTIAL	$194,000	152 ft

Property History

Most Recent Sale

Date202504

Price$340,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,690