1911 32ND ST E MINNEAPOLIS MN 55407

PID: 0102824230019

Property Overview

Parcel ID0102824230019

Lot Size6,200 sq ft (0.142 ac)

Lot Dimensions (est.)62 ft wide × 100 ft deep

Year Built2022

Property ClassTRIPLEX

OwnerJUFH ENTERPRISES LLC

Assessed Value$118,800

Land Value$90,000

Building Value$28,800

Annual Tax$2,540

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

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 ↗

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

Permit History

6 permits on record since 2018 · $410K total declared value · Most recent: Jun 2024 (existres)

ExistresJun 2024Closed

Heating and Cooling Design Inc

ExistresJun 2024Closed

Heating and Cooling Design Inc

ExistresJun 2024Closed

Heating and Cooling Design Inc

Commercial MinorMay 2024Closed

Hutton Plumbing LLC

NewNov 2022Final Inspection

$400K

JUFH Enterprises LLC

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

Neighborhood Profile

Corcoran · Minneapolis

Median reported rent1,294/mo

Renter-occupied49.3%

Median home value$287K

Vacancy rate4.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1086

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 width52 ft

Buildable depth60 ft

Area~3,121 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 3,121 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
3200 20TH AVE S MINNEAPOLIS MN 55407	ISABEL ALARCON GOCHEZ	RESIDENTIAL	$363,000	62 ft
1909 32ND ST E MINNEAPOLIS MN 55407	ROBERT M ANDERSON TRUSTEE	RESIDENTIAL	$267,100	80 ft
3208 20TH AVE S MINNEAPOLIS MN 55407	J EBBERS & A WRIGHT	RESIDENTIAL	$286,800	82 ft
3205 19TH AVE S MINNEAPOLIS MN 55407	CYNTHIA DUTA & ELVIA P DUTA	RESIDENTIAL	$734,600	110 ft
3212 20TH AVE S MINNEAPOLIS MN 55407	G E P FLORES & C F PORTILLO	RESIDENTIAL	$321,300	129 ft
3209 19TH AVE S MINNEAPOLIS MN 55407	I A PAGUAY & S R B JIMENEZ	RESIDENTIAL	$254,000	131 ft
3201 19TH AVE S MINNEAPOLIS MN 55407	ALEJANDRA HERNANDEZ	RESIDENTIAL	$188,500	141 ft
3215 19TH AVE S MINNEAPOLIS MN 55407	ANTONIO ANDRADE-CALZADA	RESIDENTIAL	$279,700	164 ft
3216 20TH AVE S MINNEAPOLIS MN 55407	K RICHARD & J RICHARD	RESIDENTIAL	$259,800	178 ft
3201 20TH AVE S MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	—	$341,500	198 ft

Property History

Most Recent Sale

Date202107

Price$130,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,540