3448 19TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320084

Property Overview

Parcel ID0102824320084

Lot Size5,251 sq ft (0.121 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerGLENN D BYER

Assessed Value$290,000

Land Value$104,000

Building Value$186,000

Annual Tax$4,312

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

No permits found in Minneapolis open data for this parcel.

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
3452 19TH AVE S MINNEAPOLIS MN 55407	ROCHESTER YOUNGS FAM TRUST	RESIDENTIAL	$350,600	42 ft
3444 19TH AVE S MINNEAPOLIS MN 55407	R A & S L FOSTER	RESIDENTIAL	$351,900	42 ft
3440 19TH AVE S MINNEAPOLIS MN 55407	V RIEDMAN & T RIEDMAN	RESIDENTIAL	$312,500	84 ft
3436 19TH AVE S MINNEAPOLIS MN 55407	S DE LEON & B D NESTOR	LOW INCOME RENTAL	$345,900	126 ft
3445 LONGFELLOW AVE MINNEAPOLIS MN 55407	SADEDORA ROGERS/DAVIN ROGERS	RESIDENTIAL-TWO UNIT	$414,600	139 ft
3449 LONGFELLOW AVE MINNEAPOLIS MN 55407	KYLE SMESTAD	RESIDENTIAL-TWO UNIT	$367,500	145 ft
3441 LONGFELLOW AVE MINNEAPOLIS MN 55407	HARRY S GREENBERG TRUST	RESIDENTIAL-TWO UNIT	$341,500	145 ft
3500 19TH AVE S MINNEAPOLIS MN 55407	TASHANA R HARRIS	RESIDENTIAL-TWO UNIT	$477,900	148 ft
3437 LONGFELLOW AVE MINNEAPOLIS MN 55407	ORRIN R ELLISON	RESIDENTIAL-TWO UNIT	$323,400	162 ft
3432 19TH AVE S MINNEAPOLIS MN 55407	A L T INOUYE & J J INOUYE	RESIDENTIAL	$475,000	168 ft

Property History

Most Recent Sale

Date201201

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,312