1835 32ND ST E MINNEAPOLIS MN 55407

PID: 0102824230047

Property Overview

Parcel ID0102824230047

Lot Size2,162 sq ft (0.050 ac)

Lot Dimensions (est.)43 ft wide × 50 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerCHAD NORMAN

Assessed Value$206,900

Land Value$52,000

Building Value$154,900

Annual Tax$2,904

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

4 permits on record since 2018 · $4K total declared value · Most recent: Apr 2023 (misc)

MiscApr 2023Closed

$4K

WINDOW CONCEPTS OF MINNESOTA INC

ResJan 2023Closed

CenterPoint Energy Resource Corp

ResJun 2022Closed

Urban Pine Plumbing and Mechanical Inc

ExistresJun 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

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 width33 ft

Buildable depth10 ft

Area~334 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 334 sqft buildable area.

Est. units

Yield on cost

7.7%

Spread

+2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3200 LONGFELLOW AVE MINNEAPOLIS MN 55407	DAVID J KELLEY	RESIDENTIAL-TWO UNIT	$311,900	62 ft
3204 LONGFELLOW AVE MINNEAPOLIS MN 55407	CARLOS A QUIZHPI HUERTA	RESIDENTIAL-TWO UNIT	$377,900	65 ft
3201 CEDAR AVE S MINNEAPOLIS MN 55407	ALIBARAR REAL ESTATE LLC	COMMERCIAL-PREFERRED	$760,000	101 ft
3210 LONGFELLOW AVE MINNEAPOLIS MN 55407	L L H NICOLAS & E H AVILA	RESIDENTIAL	$305,500	108 ft
3146 LONGFELLOW AVE MINNEAPOLIS MN 55407	EVE WHITE	APARTMENT	$462,000	136 ft
3211 CEDAR AVE S MINNEAPOLIS MN 55407	PABLO TORAL HERNANDEZ	RESIDENTIAL	$253,500	140 ft
3212 LONGFELLOW AVE MINNEAPOLIS MN 55407	MCCORMICK REV LIV TRUST	RESIDENTIAL	$273,800	156 ft
3147 CEDAR AVE S MINNEAPOLIS MN 55407	T & D SPANIER	RESIDENTIAL	$397,000	159 ft
3215 CEDAR AVE S MINNEAPOLIS MN 55407	J L R TAPIA & F M FLORES	RESIDENTIAL	$283,100	179 ft
3142 LONGFELLOW AVE MINNEAPOLIS MN 55407	A A JAGNANDAN & D JAGNANDAN	RESIDENTIAL	$276,000	180 ft

Property History

Most Recent Sale

Date201411

Price$144,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,904