3324 21ST AVE S MINNEAPOLIS MN 55407

PID: 0102824230171

Property Overview

Parcel ID0102824230171

Lot Size6,243 sq ft (0.143 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerC R COOPER & K G ROBERTS

Assessed Value$313,600

Land Value$96,000

Building Value$217,600

Annual Tax$4,893

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 2021 · $22K total declared value · Most recent: Mar 2025 (existres)

ExistresMar 2025Closed

Ray N Welter Heating Co

MiscJan 2024Closed

$22K

CAPITAL SIDING AND WINDOWS

ResJan 2023Closed

CenterPoint Energy Resource Corp

ResMar 2021Closed

Warners Stellian Co 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth85 ft

Area~3,393 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 3,393 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3328 21ST AVE S MINNEAPOLIS MN 55407	TAI C MAI & PHUONG T TRUONG	RESIDENTIAL	$214,200	45 ft
3320 21ST AVE S MINNEAPOLIS MN 55407	GERALDINE SKINAWAY	RESIDENTIAL	$277,000	50 ft
3332 21ST AVE S MINNEAPOLIS MN 55407	DAVID A DUBOIS	RESIDENTIAL	$296,000	95 ft
3316 21ST AVE S MINNEAPOLIS MN 55407	M H MCDOWALL & P G ANDERSON	RESIDENTIAL	$303,000	100 ft
3325 20TH AVE S MINNEAPOLIS MN 55407	WILLIAM S OLIVER	RESIDENTIAL-TWO UNIT	$319,300	139 ft
3329 20TH AVE S MINNEAPOLIS MN 55407	MARTHA MARIE BIRD	RESIDENTIAL	$271,000	147 ft
3321 20TH AVE S MINNEAPOLIS MN 55407	J H QUINTANA & J H RODRIGUEZ	RESIDENTIAL	$268,000	148 ft
3312 21ST AVE S MINNEAPOLIS MN 55407	BARBARA L HOFFMAN	RESIDENTIAL	$357,800	150 ft
3336 21ST AVE S MINNEAPOLIS MN 55407	DAVID DUBOIS	RESIDENTIAL	$229,300	157 ft
2012 34TH ST E MINNEAPOLIS MN 55407	M FAUSTINO & K BOWERS	RESIDENTIAL	$181,100	161 ft

Property History

Most Recent Sale

Date201505

Price$203,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,893