3333 23RD AVE S MINNEAPOLIS MN 55407

PID: 0102824240010

Property Overview

Parcel ID0102824240010

Lot Size4,944 sq ft (0.113 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerSENAITE WUHIB

Assessed Value$242,700

Land Value$101,000

Building Value$141,700

Annual Tax$3,644

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2022 · $12K total declared value · Most recent: Jul 2023 (misc)

MiscJul 2023Closed

$12K

Capital Carpentry LLC

ResMay 2022Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Corcoran · Minneapolis

Median reported rent1,426/mo

Renter-occupied41.7%

Median home value$261K

Vacancy rate3.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1087

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 depth84 ft

Area~2,508 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 2,508 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
3337 23RD AVE S MINNEAPOLIS MN 55407	G R MILLER & C MILLER	RESIDENTIAL	$293,400	40 ft
3329 23RD AVE S MINNEAPOLIS MN 55407	M DRISCOLL & J HAMBIDGE	RESIDENTIAL	$292,300	47 ft
3341 23RD AVE S MINNEAPOLIS MN 55407	DEANNA L OLSON	RESIDENTIAL	$349,200	80 ft
3325 23RD AVE S MINNEAPOLIS MN 55407	PATRICK J BYRNE SUBJ L/E	RESIDENTIAL	$383,800	90 ft
2312 34TH ST E MINNEAPOLIS MN 55406	STEVEN F LANGE	RESIDENTIAL	$290,200	118 ft
3345 23RD AVE S MINNEAPOLIS MN 55407	SAMUEL R DELOUIS	RESIDENTIAL	$272,200	119 ft
3321 23RD AVE S MINNEAPOLIS MN 55407	M WEISS & M B NYGREN	RESIDENTIAL	$342,100	138 ft
2316 34TH ST E MINNEAPOLIS MN 55406	R M SHELDON & N E PETERS	RESIDENTIAL	$248,000	154 ft
3319 23RD AVE S MINNEAPOLIS MN 55407	KEVIN M BALTZER	RESIDENTIAL	$340,400	188 ft
3336 23RD AVE S MINNEAPOLIS MN 55407	KENNETH P LYONS	RESIDENTIAL	$343,800	213 ft

Property History

Most Recent Sale

Date202308

Price$234,590

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,644