3301 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 0102824230139

Property Overview

Parcel ID0102824230139

Lot Size6,245 sq ft (0.143 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerW O FERNANDEZ & M P REINOSO

Assessed Value$342,000

Land Value$96,000

Building Value$246,000

Annual Tax$5,348

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 2019 · $12K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Closed

$3K

RIVERVIEW WINDOW INC

ResJun 2021Closed

Urban Pine Plumbing and Mechanical Inc

RemodelSep 2019Closed

$8K

URBAN CONSTRUCTION LLC

RemodelAug 2019Closed

$500

Wilger Ortega Fernandez

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 depth10 ft

Area~3,141 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 3,141 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3305 LONGFELLOW AVE MINNEAPOLIS MN 55407	S MADDEN & A MADDEN	RESIDENTIAL	$417,700	50 ft
3309 LONGFELLOW AVE MINNEAPOLIS MN 55407	SAI ZHEN YANG	RESIDENTIAL	$279,400	100 ft
3245 LONGFELLOW AVE MINNEAPOLIS MN 55407	ERIC J HALVERSON	RESIDENTIAL	$363,100	106 ft
1855 33RD ST E MINNEAPOLIS MN 55407	J L M ESTRADA & V L M CAMPOS	RESIDENTIAL-TWO UNIT	$293,200	138 ft
3304 19TH AVE S MINNEAPOLIS MN 55407	DOUGLAS R RYAN TRUSTEE	RESIDENTIAL-TWO UNIT	$304,300	147 ft
3313 LONGFELLOW AVE MINNEAPOLIS MN 55407	RANDALL & ROXANA REED	RESIDENTIAL	$298,600	150 ft
3241 LONGFELLOW AVE MINNEAPOLIS MN 55407	LHR PROPERTIES LLC	RESIDENTIAL	$288,500	151 ft
3308 19TH AVE S MINNEAPOLIS MN 55407	TC COMM HOUSING SERVICES LLC	LOW INCOME RENTAL	$452,000	171 ft
3244 19TH AVE S MINNEAPOLIS MN 55407	PETER J ADDINGTON	TRIPLEX	$442,500	174 ft
3300 LONGFELLOW AVE MINNEAPOLIS MN 55407	ZOWIE J HANSSEN	RESIDENTIAL	$314,100	185 ft

Property History

Most Recent Sale

Date201511

Price$194,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,348