3232 22ND AVE S MINNEAPOLIS MN 55407

PID: 0102824240085

Property Overview

Parcel ID0102824240085

Lot Size6,845 sq ft (0.157 ac)

Lot Dimensions (est.)171 ft wide × 40 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerERICK A BRANDT

Assessed Value$307,000

Land Value$117,000

Building Value$190,000

Annual Tax$4,487

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 depth131 ft

Area~3,934 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 3,934 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3228 22ND AVE S MINNEAPOLIS MN 55407	C M SETTANNI & P A KNAPP	RESIDENTIAL	$378,000	45 ft
3236 22ND AVE S MINNEAPOLIS MN 55407	CITY OF LKS COMM LND TR ETAL	—	$298,000	49 ft
3224 22ND AVE S MINNEAPOLIS MN 55407	J WIEDL & M LOWINSKE	RESIDENTIAL	$264,000	95 ft
2118 33RD ST E MINNEAPOLIS MN 55407	VINE EVANGELICAL FREE CHURCH	TRIPLEX	$0	127 ft
3244 22ND AVE S MINNEAPOLIS MN 55407	VINE EVANG FREE CHURCH	COMMERCIAL-PREFERRED	$0	134 ft
3220 22ND AVE S MINNEAPOLIS MN 55407	SHAWN GOULD & AUBRIE GOULD	RESIDENTIAL	$283,000	145 ft
3233 21ST AVE S MINNEAPOLIS MN 55407	EMILY TORGRIMSON	RESIDENTIAL	$313,900	187 ft
3229 21ST AVE S MINNEAPOLIS MN 55407	TRANG N RADTKE/RYAN W RADTKE	RESIDENTIAL-TWO UNIT	$486,900	192 ft
3216 22ND AVE S MINNEAPOLIS MN 55407	RACHEL E STEPANEK	RESIDENTIAL	$350,300	195 ft
3237 21ST AVE S MINNEAPOLIS MN 55407	R E DORICH & J C DORICH	RESIDENTIAL	$339,100	195 ft

Property History

Current Tax Year

Year2026

Tax Due$4,487