3412 19TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320068

Property Overview

Parcel ID0102824320068

Lot Size5,251 sq ft (0.121 ac)

Lot Dimensions (est.)125 ft wide × 42 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerM H WESTMORELAND ET AL

Assessed Value$282,800

Land Value$104,000

Building Value$178,800

Annual Tax$4,066

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

3 permits on record since 2020 · $6K total declared value · Most recent: May 2023 (misc)

MiscMay 2023Closed

$6K

RIVERVIEW WINDOW INC

ResMay 2022Closed

CenterPoint Energy Resource Corp

ResSep 2020Closed

MN Plumbing & Home Services 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 width32 ft

Buildable depth85 ft

Area~2,720 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 2,720 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3408 19TH AVE S MINNEAPOLIS MN 55407	COLLEEN KAY BORGENDALE	RESIDENTIAL-TWO UNIT	$424,400	42 ft
3416 19TH AVE S MINNEAPOLIS MN 55407	MARK W HARDY/TANYA L SNYDER	RESIDENTIAL	$335,700	42 ft
3404 19TH AVE S MINNEAPOLIS MN 55407	ERIC S BRENNEMAN ET AL	RESIDENTIAL	$335,500	84 ft
3420 19TH AVE S MINNEAPOLIS MN 55407	M L COZZA & K M ELMQUIST	RESIDENTIAL	$324,200	84 ft
3400 19TH AVE S MINNEAPOLIS MN 55407	WENDI ALEXANDER	RESIDENTIAL-TWO UNIT	$355,200	126 ft
3424 19TH AVE S MINNEAPOLIS MN 55407	BRUCE D NESTOR	RESIDENTIAL	$315,500	126 ft
3413 LONGFELLOW AVE MINNEAPOLIS MN 55407	GABRIEL CEREZO SANCHEZ	RESIDENTIAL-TWO UNIT	$346,600	139 ft
3417 LONGFELLOW AVE MINNEAPOLIS MN 55407	C SMITH & R C REDDING	RESIDENTIAL-TWO UNIT	$339,200	144 ft
3409 LONGFELLOW AVE MINNEAPOLIS MN 55407	I WISKOCHIL & I SCHMITT	RESIDENTIAL	$421,300	145 ft
3421 LONGFELLOW AVE MINNEAPOLIS MN 55407	JENNIFER E KURIGER	RESIDENTIAL	$280,800	161 ft

Property History

Most Recent Sale

Date202310

Price$313,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,066