3329 21ST AVE S MINNEAPOLIS MN 55407

PID: 0102824240143

Property Overview

Parcel ID0102824240143

Lot Size6,845 sq ft (0.157 ac)

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

Year Built1939

Property ClassRESIDENTIAL-TWO UNIT

OwnerTOVE NIKOL BORGENDALE

Assessed Value$444,800

Land Value$117,000

Building Value$327,800

Annual Tax$7,117

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $17K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

CenterPoint Energy Resource Corp

MiscJun 2019Closed

$13K

THOMPSON EXTERIORS LLC

RemodelFeb 2019Closed

$4K

ANDERSON BROTHERS CONSTRUCTION LLC

ResDec 2018Closed

Norblom Plumbing Co

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth131 ft

Area~3,933 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 3,933 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
3327 21ST AVE S MINNEAPOLIS MN 55407	J L BOBBITT & B BOBBITT	RESIDENTIAL	$408,000	40 ft
3333 21ST AVE S MINNEAPOLIS MN 55407	BENJAMIN TSAI	RESIDENTIAL-TWO UNIT	$433,900	45 ft
3325 21ST AVE S MINNEAPOLIS MN 55407	SAMUEL ROSCHILD-QUACKENBUSH	RESIDENTIAL	$306,900	80 ft
2108 34TH ST E MINNEAPOLIS MN 55407	NATHANIEL PHILLIPS	LOW INCOME RENTAL	$336,300	107 ft
2100 34TH ST E MINNEAPOLIS MN 55407	NATHAN JEIDE-DETWEILER ET AL	RESIDENTIAL	$285,800	113 ft
3321 21ST AVE S MINNEAPOLIS MN 55407	R ALKATOUT & D B HODGE	RESIDENTIAL	$325,900	120 ft
3317 21ST AVE S MINNEAPOLIS MN 55407	SUZANNE C KOEPPLINGER	RESIDENTIAL	$324,300	160 ft
3328 22ND AVE S MINNEAPOLIS MN 55407	JANET M STRAND	RESIDENTIAL-TWO UNIT	$498,800	187 ft
3324 22ND AVE S MINNEAPOLIS MN 55407	JESSICA MON YI FUNG	RESIDENTIAL-TWO UNIT	$488,000	194 ft
3332 22ND AVE S MINNEAPOLIS MN 55407	LYNN ANN RICHARDSON DOYLE	RESIDENTIAL-TWO UNIT	$468,300	194 ft

Property History

Current Tax Year

Year2026

Tax Due$7,117