3301 20TH AVE S MINNEAPOLIS MN 55407

PID: 0102824230121

Property Overview

Parcel ID0102824230121

Lot Size4,870 sq ft (0.112 ac)

Lot Dimensions (est.)125 ft wide × 39 ft deep

Year Built1924

Property ClassRESIDENTIAL-TWO UNIT

Owner3301 LLC

Assessed Value$379,000

Land Value$85,000

Building Value$294,000

Annual Tax$7,429

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2024 · $5K total declared value · Most recent: Dec 2024 (res)

ResDec 2024Closed

MN Plumbing & Home Services INC

RemodelJul 2024Closed

$5K

Five Star Bath Solutions

ResJul 2024Closed

Stewart Plumbing Inc

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth0 ft

Area~2,207 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,207 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3305 20TH AVE S MINNEAPOLIS MN 55407	AUDREY N PALLMEYER	RESIDENTIAL	$250,000	38 ft
3307 20TH AVE S MINNEAPOLIS MN 55407	DONALD E EKBERG	RESIDENTIAL	$215,000	75 ft
3253 20TH AVE S MINNEAPOLIS MN 55407	DANIEL M WEXLER	TRIPLEX	$381,600	100 ft
3311 20TH AVE S MINNEAPOLIS MN 55407	ANNE E JOHNSON	RESIDENTIAL	$266,300	112 ft
3300 21ST AVE S MINNEAPOLIS MN 55407	N J ANDERSON & T J MORTIMER	RESIDENTIAL	$371,400	139 ft
3249 20TH AVE S MINNEAPOLIS MN 55407	L RIESGRAF & M KELLEY	RESIDENTIAL	$345,800	141 ft
3304 21ST AVE S MINNEAPOLIS MN 55407	K A ANDERSON & K D ANDERSON	RESIDENTIAL	$458,300	149 ft
3315 20TH AVE S MINNEAPOLIS MN 55407	CHRISTOPHER D WEBBER	RESIDENTIAL	$244,400	155 ft
3244 21ST AVE S MINNEAPOLIS MN 55407	ANTON LEE GREGERSEN	RESIDENTIAL	$304,000	171 ft
3308 21ST AVE S MINNEAPOLIS MN 55407	CESARE CASARINO	RESIDENTIAL	$361,800	174 ft

Property History

Most Recent Sale

Date200906

Price$103,390

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,429