3429 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 0102824320092

Property Overview

Parcel ID0102824320092

Lot Size5,250 sq ft (0.121 ac)

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

Year Built1913

Property ClassRESIDENTIAL

OwnerKATHLEEN L HAMMELL ETAL S/LE

Assessed Value$250,300

Land Value$104,000

Building Value$146,300

Annual Tax$4,108

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~2,719 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 2,719 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3433 LONGFELLOW AVE MINNEAPOLIS MN 55407	JEFFREY ROBERT MUNRO	RESIDENTIAL	$206,000	42 ft
3425 LONGFELLOW AVE MINNEAPOLIS MN 55407	DAVID A & GRACE GUMLOCK	RESIDENTIAL	$261,800	42 ft
3435 LONGFELLOW AVE MINNEAPOLIS MN 55407	ANNE KILBRIDE SNOW	RESIDENTIAL	$296,800	84 ft
3421 LONGFELLOW AVE MINNEAPOLIS MN 55407	JENNIFER E KURIGER	RESIDENTIAL	$280,800	86 ft
3437 LONGFELLOW AVE MINNEAPOLIS MN 55407	ORRIN R ELLISON	RESIDENTIAL-TWO UNIT	$323,400	126 ft
3417 LONGFELLOW AVE MINNEAPOLIS MN 55407	C SMITH & R C REDDING	RESIDENTIAL-TWO UNIT	$339,200	128 ft
3428 19TH AVE S MINNEAPOLIS MN 55407	R S LEICHTLING/S M SWEETNAM	RESIDENTIAL	$408,700	138 ft
3424 19TH AVE S MINNEAPOLIS MN 55407	BRUCE D NESTOR	RESIDENTIAL	$315,500	145 ft
3432 19TH AVE S MINNEAPOLIS MN 55407	A L T INOUYE & J J INOUYE	RESIDENTIAL	$475,000	145 ft
3420 19TH AVE S MINNEAPOLIS MN 55407	M L COZZA & K M ELMQUIST	RESIDENTIAL	$324,200	162 ft

Property History

Current Tax Year

Year2026

Tax Due$4,108