3153 23RD AVE S MINNEAPOLIS MN 55407

PID: 0102824210068

Property Overview

Parcel ID0102824210068

Lot Size6,111 sq ft (0.140 ac)

Lot Dimensions (est.)126 ft wide × 48 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerJ M ROHRER & M E ROHRER

Assessed Value$243,600

Land Value$89,000

Building Value$154,600

Annual Tax$3,714

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

Minneapolis

Median reported rent1,426/mo

Renter-occupied41.7%

Median home value$261K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1087

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width38 ft

Buildable depth87 ft

Area~3,312 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 3,312 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3149 23RD AVE S MINNEAPOLIS MN 55407	IAN G LEASK	RESIDENTIAL-TWO UNIT	$263,100	45 ft
3157 23RD AVE S MINNEAPOLIS MN 55407	AMANDA SNYDER	RESIDENTIAL	$213,200	45 ft
2314 32ND ST E MINNEAPOLIS MN 55406	DARYL WARE	RESIDENTIAL	$265,000	85 ft
3143 23RD AVE S MINNEAPOLIS MN 55407	M TANGEN & C A TANGEN	RESIDENTIAL	$280,900	94 ft
3139 23RD AVE S MINNEAPOLIS MN 55407	CHERYL RENEE HOVDE	RESIDENTIAL	$195,400	143 ft
2318 32ND ST E MINNEAPOLIS MN 55406	L R SERRANO & C P LAREDO	RESIDENTIAL	$251,100	151 ft
3201 23RD AVE S MINNEAPOLIS MN 55407	JESSE LANDRY	RESIDENTIAL-TWO UNIT	$273,700	172 ft
2309 32ND ST E MINNEAPOLIS MN 55406	ERIN BARNES	RESIDENTIAL	$238,600	173 ft
3133 23RD AVE S MINNEAPOLIS MN 55407	B & P MORGAN	RESIDENTIAL	$183,900	192 ft
3205 23RD AVE S MINNEAPOLIS MN 55407	NEXT GENERATION HOMES LLC	RESIDENTIAL	$221,000	208 ft

Property History

Most Recent Sale

Date200204

Price$500

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$3,714