3209 19TH AVE S MINNEAPOLIS MN 55407

PID: 0102824230028

Property Overview

Parcel ID0102824230028

Lot Size6,245 sq ft (0.143 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerI A PAGUAY & S R B JIMENEZ

Assessed Value$254,000

Land Value$96,000

Building Value$158,000

Annual Tax$4,212

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

4 permits on record since 2018 · $33K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$10K

ASHCO EXTERIORS INC

MiscSep 2023Closed

$23K

Premier Roofing Inc

ResJul 2018Closed

SCOTT THEILBAR O C INSTALLS LLC

ResApr 2018Closed

CHAMPION PLUMBING LLC

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

Neighborhood Profile

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 width40 ft

Buildable depth85 ft

Area~3,395 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 3,395 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3215 19TH AVE S MINNEAPOLIS MN 55407	ANTONIO ANDRADE-CALZADA	RESIDENTIAL	$279,700	50 ft
3205 19TH AVE S MINNEAPOLIS MN 55407	CYNTHIA DUTA & ELVIA P DUTA	RESIDENTIAL	$734,600	50 ft
3217 19TH AVE S MINNEAPOLIS MN 55407	JOHN PRESCOTT NELSON	RESIDENTIAL-TWO UNIT	$329,100	100 ft
1909 32ND ST E MINNEAPOLIS MN 55407	ROBERT M ANDERSON TRUSTEE	RESIDENTIAL	$267,100	105 ft
3201 19TH AVE S MINNEAPOLIS MN 55407	ALEJANDRA HERNANDEZ	RESIDENTIAL	$188,500	105 ft
1911 32ND ST E MINNEAPOLIS MN 55407	JUFH ENTERPRISES LLC	TRIPLEX	$118,800	131 ft
3208 20TH AVE S MINNEAPOLIS MN 55407	J EBBERS & A WRIGHT	RESIDENTIAL	$286,800	139 ft
3212 20TH AVE S MINNEAPOLIS MN 55407	G E P FLORES & C F PORTILLO	RESIDENTIAL	$321,300	148 ft
3221 19TH AVE S MINNEAPOLIS MN 55407	CESAR PENA PLIEGO	RESIDENTIAL-TWO UNIT	$369,200	150 ft
3216 20TH AVE S MINNEAPOLIS MN 55407	K RICHARD & J RICHARD	RESIDENTIAL	$259,800	171 ft

Property History

Most Recent Sale

Date202407

Price$235,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,212