2010 35TH ST E MINNEAPOLIS MN 55407

PID: 0102824320058

Property Overview

Parcel ID0102824320058

Lot Size2,822 sq ft (0.065 ac)

Lot Dimensions (est.)42 ft wide × 67 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerBRYCE C FAIRBANKS

Assessed Value$76,000

Land Value$65,000

Building Value$11,000

Annual Tax$750

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

1 permit on record since 2024 · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

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 width32 ft

Buildable depth27 ft

Area~873 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 sfr / adu benchmarks for 873 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2004 35TH ST E MINNEAPOLIS MN 55407	D M BICKING & G L BICKING	COMMERCIAL-PREFERRED	$142,800	62 ft
3447 20TH AVE S MINNEAPOLIS MN 55407	DELMON INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$359,100	68 ft
3450 21ST AVE S MINNEAPOLIS MN 55407	JULIA NELSON	RESIDENTIAL	$290,000	98 ft
3454 21ST AVE S MINNEAPOLIS MN 55407	SHEILA K LAZER	RESIDENTIAL	$275,000	99 ft
3443 20TH AVE S MINNEAPOLIS MN 55407	KATHLEEN M WOOLCOTT	RESIDENTIAL-TWO UNIT	$316,800	102 ft
3446 21ST AVE S MINNEAPOLIS MN 55407	DEBRA J BROAD	RESIDENTIAL	$273,800	111 ft
3501 20TH AVE S MINNEAPOLIS MN 55407	D & J STEELE CONST INC	RESIDENTIAL-TWO UNIT	$570,000	125 ft
2015 35TH ST E MINNEAPOLIS MN 55407	KELLY MILLER	RESIDENTIAL	$188,500	131 ft
3442 21ST AVE S MINNEAPOLIS MN 55407	L E KRAFT & J L SNIVELY	RESIDENTIAL	$289,000	135 ft
3437 20TH AVE S MINNEAPOLIS MN 55407	EDEN SPENCER	RESIDENTIAL	$299,100	140 ft

Property History

Most Recent Sale

Date201702

Price$17,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$750