3551 22ND AVE S MINNEAPOLIS MN 55407

PID: 0102824310026

Property Overview

Parcel ID0102824310026

Lot Size4,033 sq ft (0.093 ac)

Lot Dimensions (est.)90 ft wide × 45 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerCYNTHIA ROSE BUTLER ET AL

Assessed Value$305,700

Land Value$87,000

Building Value$218,700

Annual Tax$4,675

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $60K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$14K

BUILT STRONG EXTERIORS LLC

ResFeb 2023Closed

CenterPoint Energy Resource Corp

AdditionJul 2021Closed

$47K

MILL CITY DESIGN BUILD LLC

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 width77 ft

Buildable depth5 ft

Area~1,589 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 1,589 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3547 22ND AVE S MINNEAPOLIS MN 55407	ERICA S BONDE & KARL BONDE	RESIDENTIAL	$283,400	44 ft
2212 36TH ST E MINNEAPOLIS MN 55407	JULIE A LANDSWERK	RESIDENTIAL	$183,600	68 ft
3543 22ND AVE S MINNEAPOLIS MN 55407	MELANIE L SPEARS	RESIDENTIAL	$283,000	95 ft
2216 36TH ST E MINNEAPOLIS MN 55407	BAKER RENTALS LLC	RESIDENTIAL	$207,900	107 ft
3539 22ND AVE S MINNEAPOLIS MN 55407	B KRUPNICK & J KRUPNICK	RESIDENTIAL	$344,000	134 ft
2201 36TH ST E MINNEAPOLIS MN 55407	D J BOUMA & J BOUMA	RESIDENTIAL	$305,100	152 ft
2207 36TH ST E MINNEAPOLIS MN 55407	REBECCA KELLY	RESIDENTIAL	$417,400	156 ft
2218 36TH ST E MINNEAPOLIS MN 55407	ASTER K NEGASH	RESIDENTIAL-TWO UNIT	$381,400	168 ft
3535 22ND AVE S MINNEAPOLIS MN 55407	W B LUCKHARDT & E HOODY	RESIDENTIAL	$449,600	174 ft
2211 36TH ST E MINNEAPOLIS MN 55407	G C & C J DE DANANN	RESIDENTIAL	$228,000	174 ft

Property History

Most Recent Sale

Date199804

Price$63,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,675