2009 32ND ST E MINNEAPOLIS MN 55407

PID: 0102824230193

Property Overview

Parcel ID0102824230193

Lot Size2,289 sq ft (0.053 ac)

Lot Dimensions (est.)40 ft wide × 57 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerCYRIL T DUNN & SUSAN DUNN

Assessed Value$209,000

Land Value$53,000

Building Value$156,000

Annual Tax$2,530

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 width30 ft

Buildable depth17 ft

Area~300 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 300 sqft buildable area.

Est. units

Yield on cost

8.1%

Spread

+2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3205 20TH AVE S MINNEAPOLIS MN 55407	DEBORAH L KITZMANN	RESIDENTIAL	$201,900	62 ft
3201 20TH AVE S MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	—	$341,500	65 ft
3200 21ST AVE S MINNEAPOLIS MN 55407	CARRIE KONOBECK	RESIDENTIAL	$293,000	95 ft
3209 20TH AVE S MINNEAPOLIS MN 55407	ITZEL R PEREZ DOMINGUEZ	RESIDENTIAL	$298,000	102 ft
3204 21ST AVE S MINNEAPOLIS MN 55407	NORBERT L KAPPES LIVING TR	RESIDENTIAL	$319,000	104 ft
3208 21ST AVE S MINNEAPOLIS MN 55407	JULIE & ALLEN PHIPPS REV TR	RESIDENTIAL	$294,100	132 ft
3213 20TH AVE S MINNEAPOLIS MN 55407	MARVIN L STEWART ETAL	RESIDENTIAL	$201,200	144 ft
3212 21ST AVE S MINNEAPOLIS MN 55407	G W PEDERSON & L K PEDERSON	RESIDENTIAL	$348,700	171 ft
3217 20TH AVE S MINNEAPOLIS MN 55407	GONZALEZ FAMILY TRUST	RESIDENTIAL	$174,400	182 ft
3200 20TH AVE S MINNEAPOLIS MN 55407	ISABEL ALARCON GOCHEZ	RESIDENTIAL	$363,000	198 ft

Property History

Current Tax Year

Year2026

Tax Due$2,530