3427 19TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320094

Property Overview

Parcel ID0102824320094

Lot Size4,971 sq ft (0.114 ac)

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

Year Built1933

Property ClassRESIDENTIAL

OwnerALISSA J FOUNTAIN

Assessed Value$343,600

Land Value$101,000

Building Value$242,600

Annual Tax$5,316

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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 depth84 ft

Area~2,529 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 2,529 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
3423 19TH AVE S MINNEAPOLIS MN 55407	A R BURCH & L A BRITTON	RESIDENTIAL	$322,700	40 ft
3429 19TH AVE S MINNEAPOLIS MN 55407	GIZA PAPP JR ETAL	RESIDENTIAL-TWO UNIT	$349,000	47 ft
3419 19TH AVE S MINNEAPOLIS MN 55407	S DE LEON & BRUCE D NESTOR	RESIDENTIAL	$205,500	80 ft
3435 19TH AVE S MINNEAPOLIS MN 55407	B L BONSON & M F ANDERSON	RESIDENTIAL	$317,000	100 ft
3415 19TH AVE S MINNEAPOLIS MN 55407	BRADY LUNDY	RESIDENTIAL	$209,400	120 ft
3428 20TH AVE S MINNEAPOLIS MN 55407	DEANNA LYNN MILLER	RESIDENTIAL	$413,500	139 ft
3424 20TH AVE S MINNEAPOLIS MN 55407	NICOLE C SALM	RESIDENTIAL	$329,300	144 ft
3434 20TH AVE S MINNEAPOLIS MN 55407	BERNARD L KREILKAMP	APARTMENT	$532,000	146 ft
3439 19TH AVE S MINNEAPOLIS MN 55407	ERIC D LINDBERG	RESIDENTIAL-TWO UNIT	$372,100	153 ft
3420 20TH AVE S MINNEAPOLIS MN 55407	T & R CASPAR	RESIDENTIAL	$224,000	160 ft

Property History

Most Recent Sale

Date200705

Price$224,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,316