3005 23RD AVE S MINNEAPOLIS MN 55407

PID: 0102824210139

Property Overview

Parcel ID0102824210139

Lot Size276,806 sq ft (6.355 ac)

Lot Dimensions (est.)609 ft wide × 454 ft deep

Year Built0

Property ClassAPARTMENT

OwnerCOUNTY OF HENNEPIN

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

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 ↗

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

Corcoran · 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

CM3Community Mixed Use

Property History

Current Tax Year

Year2026

Tax Due$0

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value
2205 LAKE ST E MINNEAPOLIS MN 55407	COUNTY OF HENNEPIN	LAND-COMMERCIAL	$0
2209 LAKE ST E MINNEAPOLIS MN 55407	COUNTY OF HENNEPIN	COMMERCIAL-PREFERRED	$0
2211 LAKE ST E MINNEAPOLIS MN 55407	COUNTY OF HENNEPIN	COMMERCIAL-PREFERRED	$0
2215 LAKE ST E MINNEAPOLIS MN 55407	COUNTY OF HENNEPIN	COMMERCIAL-PREFERRED	$0
2217 LAKE ST E MINNEAPOLIS MN 55407	COUNTY OF HENNEPIN	LAND-COMMERCIAL	$0
2219 LAKE ST E MINNEAPOLIS MN 55407	CITY OF MPLS PARK/REC BOARD	LAND-COMMERCIAL	$0
3011 22ND AVE S MINNEAPOLIS MN 55407	COUNTY OF HENNEPIN	COMMERCIAL-PREFERRED	$0
3029 22ND AVE S MINNEAPOLIS MN 55407	L&H PARTNERS OWNER LLC	APARTMENT	$17,119,400
3027 22ND AVE S MINNEAPOLIS MN 55407	TMIF III B-SIDE LLC	VACANT LAND-APARTMENT	$11,200
3027 22ND AVE S MINNEAPOLIS MN 55407	L&H PARTNERS OWNER 2 LLC	APARTMENT	$19,950,300