3204 19TH AVE S MINNEAPOLIS MN 55407

PID: 0102824230035

Property Overview

Parcel ID0102824230035

Lot Size2,696 sq ft (0.062 ac)

Lot Dimensions (est.)90 ft wide × 30 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerY GOMEZ & J L G HERNANDEZ

Assessed Value$261,900

Land Value$62,000

Building Value$199,900

Annual Tax$4,955

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

3 permits on record since 2023 · $2K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Expired

$2K

Four Brothers Construction LLC

ResApr 2023Closed

D & K Plumbing LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

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 width20 ft

Buildable depth50 ft

Area~997 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 sfr / adu benchmarks for 997 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3206 19TH AVE S MINNEAPOLIS MN 55407	MAXWELL HOLPERIN	RESIDENTIAL-TWO UNIT	$309,400	35 ft
1857 32ND ST E MINNEAPOLIS MN 55407	B K GERBI & M O HORDOFE	RESIDENTIAL	$326,000	45 ft
3208 19TH AVE S MINNEAPOLIS MN 55407	JSW PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$274,700	63 ft
1855 32ND ST E MINNEAPOLIS MN 55407	BLACK FIRE LLC	RESIDENTIAL-TWO UNIT	$314,100	69 ft
3212 19TH AVE S MINNEAPOLIS MN 55407	BLOOMINGTON HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$335,100	101 ft
3201 19TH AVE S MINNEAPOLIS MN 55407	ALEJANDRA HERNANDEZ	RESIDENTIAL	$188,500	144 ft
3218 19TH AVE S MINNEAPOLIS MN 55407	MARCIE J HOEFT	RESIDENTIAL	$236,900	151 ft
3205 LONGFELLOW AVE MINNEAPOLIS MN 55407	ALEXANDER KOVIC ET AL	RESIDENTIAL	$401,100	156 ft
3209 LONGFELLOW AVE MINNEAPOLIS MN 55407	NICHOLAS EID/AMY LEININGER	RESIDENTIAL	$393,400	164 ft
3201 LONGFELLOW AVE MINNEAPOLIS MN 55407	J L L LOPEZ & L C D LOPEZ	RESIDENTIAL-TWO UNIT	$339,000	164 ft

Property History

Most Recent Sale

Date202211

Price$300,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,955