3535 21ST AVE S MINNEAPOLIS MN 55407

PID: 0102824310141

Property Overview

Parcel ID0102824310141

Lot Size7,207 sq ft (0.165 ac)

Lot Dimensions (est.)171 ft wide × 42 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerCHARLES M BIRD/VIRGINIA WARD

Assessed Value$268,300

Land Value$121,000

Building Value$147,300

Annual Tax$4,496

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2020 · $16K total declared value · Most recent: Jul 2024 (existres)

ExistresJul 2024Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

MiscJun 2024Closed

$14K

Precision Exteriors Restoration LLC

ResSep 2022Closed

Plumb Right Corp

MiscJul 2020Closed

$3K

Thomas Seemon Enterprises

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 width32 ft

Buildable depth132 ft

Area~4,211 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 4,211 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
3531 21ST AVE S MINNEAPOLIS MN 55407	NANCY WARREN NAIR TRUST	RESIDENTIAL	$337,200	42 ft
3539 21ST AVE S MINNEAPOLIS MN 55407	JUSTIN ALEXANDER MOLLAN	RESIDENTIAL	$222,000	42 ft
3543 21ST AVE S MINNEAPOLIS MN 55407	PETER K THOMPSON	RESIDENTIAL	$352,100	83 ft
3527 21ST AVE S MINNEAPOLIS MN 55407	VALERIE J LIES	RESIDENTIAL	$262,000	84 ft
3547 21ST AVE S MINNEAPOLIS MN 55407	PETER K THOMPSON	RESIDENTIAL	$193,000	125 ft
3523 21ST AVE S MINNEAPOLIS MN 55407	K SHORB & M JUMONVILLE	RESIDENTIAL	$341,700	128 ft
3551 21ST AVE S MINNEAPOLIS MN 55407	ANN E S DOMANSKI ET AL	RESIDENTIAL	$275,000	169 ft
3519 21ST AVE S MINNEAPOLIS MN 55407	M GROGAN & J GROGAN	RESIDENTIAL	$258,100	173 ft
3534 22ND AVE S MINNEAPOLIS MN 55407	PERRY M SENJEM ET AL	RESIDENTIAL-TWO UNIT	$460,600	187 ft
3530 22ND AVE S MINNEAPOLIS MN 55407	JONATHAN R JOLLEY	RESIDENTIAL	$315,900	192 ft

Property History

Most Recent Sale

Date201911

Price$179,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,496