2309 32ND ST E MINNEAPOLIS MN 55406

PID: 0102824240027

Property Overview

Parcel ID0102824240027

Lot Size2,509 sq ft (0.058 ac)

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

Year Built1912

Property ClassRESIDENTIAL

OwnerERIN BARNES

Assessed Value$238,600

Land Value$66,000

Building Value$172,600

Annual Tax$3,461

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

3 permits on record since 2019 · $12K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Closed

Hurlburt Heating & Plumbing

MiscApr 2021Closed

$12K

THE HOME DEPOT

ResJun 2019Closed

Bryan A Keen

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 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 depth10 ft

Area~413 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 413 sqft buildable area.

Est. units

Yield on cost

6.2%

Spread

+0.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3205 23RD AVE S MINNEAPOLIS MN 55407	NEXT GENERATION HOMES LLC	RESIDENTIAL	$221,000	52 ft
3201 23RD AVE S MINNEAPOLIS MN 55407	JESSE LANDRY	RESIDENTIAL-TWO UNIT	$273,700	61 ft
2311 32ND ST E MINNEAPOLIS MN 55406	P R HOLDEN & R L MORALES	RESIDENTIAL	$239,000	73 ft
3207 23RD AVE S MINNEAPOLIS MN 55407	MELISSA L BROWN	RESIDENTIAL	$285,000	80 ft
3211 23RD AVE S MINNEAPOLIS MN 55407	SARA GOLDSTEIN/ELLA PHILLIPS	RESIDENTIAL	$304,000	116 ft
2317 32ND ST E MINNEAPOLIS MN 55406	MICHAEL E CANNIFF	RESIDENTIAL	$283,000	127 ft
3157 23RD AVE S MINNEAPOLIS MN 55407	AMANDA SNYDER	RESIDENTIAL	$213,200	130 ft
3215 23RD AVE S MINNEAPOLIS MN 55407	GARY SCHIFF	RESIDENTIAL	$356,500	160 ft
2323 32ND ST E MINNEAPOLIS MN 55406	DEVIN M HOGAN	RESIDENTIAL	$122,000	166 ft
3153 23RD AVE S MINNEAPOLIS MN 55407	J M ROHRER & M E ROHRER	RESIDENTIAL	$243,600	173 ft

Property History

Most Recent Sale

Date202604

Price$299,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,461