3308 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 0102824230142

Property Overview

Parcel ID0102824230142

Lot Size6,246 sq ft (0.143 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerB NGUYEN & T T HUYNH

Assessed Value$324,200

Land Value$96,000

Building Value$228,200

Annual Tax$5,051

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 2017 · $10K total declared value · Most recent: Nov 2021 (res)

ResNov 2021Closed

Urban Pine Plumbing and Mechanical Inc

MiscSep 2018Closed

$10K

SUPREME CONTRACTING

ResMay 2017Closed

CENTERPOINT ENERGY

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 width40 ft

Buildable depth85 ft

Area~3,396 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 3,396 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3304 LONGFELLOW AVE MINNEAPOLIS MN 55407	ROBERTA J STEVENSON	RESIDENTIAL-TWO UNIT	$383,000	50 ft
3312 LONGFELLOW AVE MINNEAPOLIS MN 55407	T K BLAIR & P F MALONEY	RESIDENTIAL	$315,600	50 ft
3300 LONGFELLOW AVE MINNEAPOLIS MN 55407	ZOWIE J HANSSEN	RESIDENTIAL	$314,100	100 ft
3316 LONGFELLOW AVE MINNEAPOLIS MN 55407	NICHOLAS A KOSACK	RESIDENTIAL-TWO UNIT	$312,300	100 ft
3309 CEDAR AVE S MINNEAPOLIS MN 55407	D C Z CHUQUI	RESIDENTIAL	$277,800	140 ft
3313 CEDAR AVE S MINNEAPOLIS MN 55407	THOMAS M JOHNSON	TRIPLEX	$409,000	147 ft
3305 CEDAR AVE S MINNEAPOLIS MN 55407	ANDREW STAUBER & KELLY BERTH	RESIDENTIAL	$309,100	166 ft
3317 CEDAR AVE S MINNEAPOLIS MN 55407	NICHOLAS R SCHMIDTKE	RESIDENTIAL	$258,400	171 ft
3309 LONGFELLOW AVE MINNEAPOLIS MN 55407	SAI ZHEN YANG	RESIDENTIAL	$279,400	184 ft
3313 LONGFELLOW AVE MINNEAPOLIS MN 55407	RANDALL & ROXANA REED	RESIDENTIAL	$298,600	191 ft

Property History

Most Recent Sale

Date199303

Price$74,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,051