3229 22ND AVE S MINNEAPOLIS MN 55407

PID: 0102824240105

Property Overview

Parcel ID0102824240105

Lot Size8,552 sq ft (0.196 ac)

Lot Dimensions (est.)171 ft wide × 50 ft deep

Year Built1913

Property ClassRESIDENTIAL-TWO UNIT

OwnerD AUBOURG & D W JONES

Assessed Value$404,200

Land Value$127,000

Building Value$277,200

Annual Tax$8,065

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 width40 ft

Buildable depth131 ft

Area~5,241 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 5,241 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3233 22ND AVE S MINNEAPOLIS MN 55407	A C WILSON & C DIEDRICH	RESIDENTIAL	$405,400	50 ft
3225 22ND AVE S MINNEAPOLIS MN 55407	A M BELLSEE & J R BELLSEE	RESIDENTIAL	$297,000	50 ft
3223 22ND AVE S MINNEAPOLIS MN 55407	AMY K POWERS	RESIDENTIAL	$454,000	95 ft
3237 22ND AVE S MINNEAPOLIS MN 55407	KIRSTEN JENSEN TRUST	RESIDENTIAL	$390,400	100 ft
3219 22ND AVE S MINNEAPOLIS MN 55407	RYAN NORDNESS	RESIDENTIAL	$197,000	135 ft
3241 22ND AVE S MINNEAPOLIS MN 55407	MARY N BYE & CHERYL E SHAW	RESIDENTIAL	$374,000	150 ft
3215 22ND AVE S MINNEAPOLIS MN 55407	J A WYNSTEKER/G A WYNSTEKER	RESIDENTIAL	$299,600	176 ft
3228 23RD AVE S MINNEAPOLIS MN 55407	T & J CATARRA	RESIDENTIAL	$402,800	187 ft
3224 23RD AVE S MINNEAPOLIS MN 55407	SAMUEL WILBUR/MADELINE ESTES	RESIDENTIAL	$332,900	193 ft
3232 23RD AVE S MINNEAPOLIS MN 55407	RODNEY L NYENHUIS ETAL	RESIDENTIAL	$357,900	193 ft

Property History

Most Recent Sale

Date202010

Price$348,450

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,065