3412 20TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320031

Property Overview

Parcel ID0102824320031

Lot Size5,003 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerSTEPHANIE PASTRANA

Assessed Value$243,000

Land Value$103,000

Building Value$140,000

Annual Tax$3,639

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $29K total declared value · Most recent: Mar 2025 (misc)

MiscMar 2025Closed

$17K

Keystone Builders Inc

MiscMar 2024Closed

$8K

Keystone Builders Inc

ExistresJun 2022Closed

K & S Heating Air Conditioning & Plumbing Inc

ResMay 2022Closed

CenterPoint Energy Resource Corp

ExistresDec 2021Closed

Standard Heating and Air Conditioning Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Corcoran · Minneapolis

Median reported rent1,294/mo

Renter-occupied49.3%

Median home value$287K

Vacancy rate4.9%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1086

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 depth85 ft

Area~2,551 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 2,551 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3408 20TH AVE S MINNEAPOLIS MN 55407	S MATHIESEN & J TORKELSON	RESIDENTIAL	$306,900	40 ft
3416 20TH AVE S MINNEAPOLIS MN 55407	BETH A KNOBLAUCH	RESIDENTIAL	$286,900	40 ft
3404 20TH AVE S MINNEAPOLIS MN 55407	STEPHEN PEMBERTON TRUST	RESIDENTIAL	$307,000	80 ft
3420 20TH AVE S MINNEAPOLIS MN 55407	T & R CASPAR	RESIDENTIAL	$224,000	80 ft
3400 20TH AVE S MINNEAPOLIS MN 55407	REYNALDO CRUZ	RESIDENTIAL	$337,300	120 ft
3424 20TH AVE S MINNEAPOLIS MN 55407	NICOLE C SALM	RESIDENTIAL	$329,300	120 ft
3411 19TH AVE S MINNEAPOLIS MN 55407	EVEREST HOLDINGS LLC	RESIDENTIAL	$329,100	139 ft
3415 19TH AVE S MINNEAPOLIS MN 55407	BRADY LUNDY	RESIDENTIAL	$209,400	144 ft
3407 19TH AVE S MINNEAPOLIS MN 55407	LYNN A BERG	RESIDENTIAL	$315,500	150 ft
3419 19TH AVE S MINNEAPOLIS MN 55407	S DE LEON & BRUCE D NESTOR	RESIDENTIAL	$205,500	160 ft

Property History

Most Recent Sale

Date200810

Price$109,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,639