3319 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 0102824230134

Property Overview

Parcel ID0102824230134

Lot Size3,122 sq ft (0.072 ac)

Lot Dimensions (est.)125 ft wide × 25 ft deep

Year Built1900

Property ClassLOW INCOME RENTAL

OwnerM & M STAFFING LLC

Assessed Value$261,200

Land Value$67,000

Building Value$194,200

Annual Tax$1,156

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

No permits found in Minneapolis open data for this parcel.

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 width15 ft

Buildable depth85 ft

Area~1,274 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 1,274 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3317 LONGFELLOW AVE MINNEAPOLIS MN 55407	R PINEDO & J PINEDO	RESIDENTIAL-TWO UNIT	$262,200	25 ft
3321 LONGFELLOW AVE MINNEAPOLIS MN 55407	KATHLEEN M JAMES & L JAMES	RESIDENTIAL	$191,900	38 ft
3313 LONGFELLOW AVE MINNEAPOLIS MN 55407	RANDALL & ROXANA REED	RESIDENTIAL	$298,600	62 ft
3325 LONGFELLOW AVE MINNEAPOLIS MN 55407	OLU'S LLC	RESIDENTIAL-TWO UNIT	$300,400	88 ft
3309 LONGFELLOW AVE MINNEAPOLIS MN 55407	SAI ZHEN YANG	RESIDENTIAL	$279,400	112 ft
3329 LONGFELLOW AVE MINNEAPOLIS MN 55407	P MADDOX & K MADDOX	RESIDENTIAL	$254,000	138 ft
3316 19TH AVE S MINNEAPOLIS MN 55407	RICHARD ROW/SARAH MALMQUIST	RESIDENTIAL	$298,400	139 ft
3320 19TH AVE S MINNEAPOLIS MN 55407	JOSEPH LEO KINNEY	RESIDENTIAL	$268,000	144 ft
3312 19TH AVE S MINNEAPOLIS MN 55407	POOJA PATEL	RESIDENTIAL	$395,700	152 ft
3305 LONGFELLOW AVE MINNEAPOLIS MN 55407	S MADDEN & A MADDEN	RESIDENTIAL	$417,700	162 ft

Property History

Most Recent Sale

Date200305

Price$196,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,156