2015 35TH ST E MINNEAPOLIS MN 55407

PID: 0102824320111

Property Overview

Parcel ID0102824320111

Lot Size1,985 sq ft (0.046 ac)

Lot Dimensions (est.)40 ft wide × 50 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerKELLY MILLER

Assessed Value$188,500

Land Value$54,000

Building Value$134,500

Annual Tax$2,493

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

2 permits on record since 2023 · Most recent: Dec 2024 (res)

ResDec 2024Expired

MN Plumbing & Home Services INC

ExistresSep 2023Expired

Air Mechanical 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 width30 ft

Buildable depth10 ft

Area~289 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 289 sqft buildable area.

Est. units

Yield on cost

8.3%

Spread

+2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3500 21ST AVE S MINNEAPOLIS MN 55407	RICHARD A STOCK	RESIDENTIAL	$259,300	62 ft
3504 21ST AVE S MINNEAPOLIS MN 55407	J B REEVES & L R STRANGE	RESIDENTIAL	$410,200	65 ft
3501 20TH AVE S MINNEAPOLIS MN 55407	D & J STEELE CONST INC	RESIDENTIAL-TWO UNIT	$570,000	96 ft
3454 21ST AVE S MINNEAPOLIS MN 55407	SHEILA K LAZER	RESIDENTIAL	$275,000	107 ft
3508 21ST AVE S MINNEAPOLIS MN 55407	PAUL ERICK WIGER	RESIDENTIAL	$325,800	108 ft
3505 20TH AVE S MINNEAPOLIS MN 55407	HANNAH E REMER	RESIDENTIAL	$391,500	108 ft
2010 35TH ST E MINNEAPOLIS MN 55407	BRYCE C FAIRBANKS	RESIDENTIAL	$76,000	131 ft
3509 20TH AVE S MINNEAPOLIS MN 55407	PATRICK W DOBLE ET AL TRUST	RESIDENTIAL	$267,000	138 ft
3450 21ST AVE S MINNEAPOLIS MN 55407	JULIA NELSON	RESIDENTIAL	$290,000	139 ft
3512 21ST AVE S MINNEAPOLIS MN 55407	JAMIE SPAULDING	RESIDENTIAL	$328,500	155 ft

Property History

Most Recent Sale

Date202305

Price$204,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,493