3300 23RD AVE S MINNEAPOLIS MN 55407

PID: 0102824240107

Property Overview

Parcel ID0102824240107

Lot Size6,065 sq ft (0.139 ac)

Lot Dimensions (est.)121 ft wide × 50 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerSOLOMON KASSA

Assessed Value$282,300

Land Value$111,000

Building Value$171,300

Annual Tax$4,074

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 2021 · Most recent: May 2022 (res)

ResMay 2022Closed

CenterPoint Energy Resource Corp

ResOct 2021Closed

Arthur Horn

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width108 ft

Buildable depth10 ft

Area~3,008 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 3,008 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3304 23RD AVE S MINNEAPOLIS MN 55407	JORGE REY MARTINEZ	RESIDENTIAL-TWO UNIT	$372,200	54 ft
3308 23RD AVE S MINNEAPOLIS MN 55407	LENNON SUNDANCE	RESIDENTIAL	$200,000	103 ft
3244 23RD AVE S MINNEAPOLIS MN 55407	STEVEN I OLSON	RESIDENTIAL-TWO UNIT	$354,600	109 ft
3312 23RD AVE S MINNEAPOLIS MN 55407	M G MILLER & B L RADDANT	TRIPLEX	$563,300	152 ft
3240 23RD AVE S MINNEAPOLIS MN 55407	DAVID M YAGER	RESIDENTIAL-TWO UNIT	$329,500	153 ft
2209 33RD ST E MINNEAPOLIS MN 55407	S MATTISON & T MATTISON	RESIDENTIAL-TWO UNIT	$389,900	173 ft
3316 23RD AVE S MINNEAPOLIS MN 55407	SANDRA SEGAL	RESIDENTIAL	$198,700	201 ft
3236 23RD AVE S MINNEAPOLIS MN 55407	SAGE DAHLEN	RESIDENTIAL	$349,700	203 ft
3301 23RD AVE S MINNEAPOLIS MN 55407	MARILAURICE HEMLOCK	RESIDENTIAL	$336,700	204 ft
3305 23RD AVE S MINNEAPOLIS MN 55407	GLENN A HOWATT	RESIDENTIAL	$275,500	207 ft

Property History

Most Recent Sale

Date202505

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,074