3321 22ND AVE S MINNEAPOLIS MN 55407

PID: 0102824240113

Property Overview

Parcel ID0102824240113

Lot Size8,209 sq ft (0.188 ac)

Lot Dimensions (est.)171 ft wide × 48 ft deep

Year Built1927

Property ClassRESIDENTIAL-TWO UNIT

OwnerMARIBEL GARCIA

Assessed Value$402,300

Land Value$125,000

Building Value$277,300

Annual Tax$8,013

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

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 width38 ft

Buildable depth131 ft

Area~4,978 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 4,978 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3317 22ND AVE S MINNEAPOLIS MN 55407	MICHAEL D KOERNER	RESIDENTIAL	$305,000	49 ft
3325 22ND AVE S MINNEAPOLIS MN 55407	C L STEVENS/E A SCHUBERT	RESIDENTIAL	$314,100	50 ft
3329 22ND AVE S MINNEAPOLIS MN 55407	DANIEL PETTERS	RESIDENTIAL	$309,000	96 ft
3315 22ND AVE S MINNEAPOLIS MN 55407	CARLOS MIZHQUIRI SINCHE	RESIDENTIAL	$362,000	99 ft
3309 22ND AVE S MINNEAPOLIS MN 55407	MARIE ROFSHUS	RESIDENTIAL	$273,000	149 ft
2206 34TH ST E MINNEAPOLIS MN 55407	THOMAS A MEDIN ETAL	RESIDENTIAL	$231,000	178 ft
2204 34TH ST E MINNEAPOLIS MN 55407	THERESA M TIGHE	RESIDENTIAL	$306,600	178 ft
3320 23RD AVE S MINNEAPOLIS MN 55407	L M HLAVSA & Z A MCCORMICK	RESIDENTIAL	$332,600	187 ft
2212 34TH ST E MINNEAPOLIS MN 55407	GRIFFEN JEFFRIES	RESIDENTIAL-TWO UNIT	$411,400	188 ft
2200 34TH ST E MINNEAPOLIS MN 55407	R A KASSETH & L E KASSETH	RESIDENTIAL	$283,500	188 ft

Property History

Most Recent Sale

Date200909

Price$70,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,013