3504 19TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320138

Property Overview

Parcel ID0102824320138

Lot Size6,189 sq ft (0.142 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerBANK OF NEW YORK MELLON TR

Assessed Value$247,200

Land Value$114,000

Building Value$133,200

Annual Tax$4,001

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 width40 ft

Buildable depth84 ft

Area~3,357 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 3,357 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3500 19TH AVE S MINNEAPOLIS MN 55407	TASHANA R HARRIS	RESIDENTIAL-TWO UNIT	$477,900	50 ft
3508 19TH AVE S MINNEAPOLIS MN 55407	HEIDI MARIE TWEITEN	RESIDENTIAL	$340,800	50 ft
3512 19TH AVE S MINNEAPOLIS MN 55407	HEATHER LYNN SVOBODA	RESIDENTIAL	$362,000	99 ft
3505 LONGFELLOW AVE MINNEAPOLIS MN 55407	D POLHAMER & S DEL SERRA	RESIDENTIAL	$342,500	138 ft
3509 LONGFELLOW AVE MINNEAPOLIS MN 55407	JEFFREY TREML & DANA TREML	RESIDENTIAL-TWO UNIT	$342,100	147 ft
3501 LONGFELLOW AVE MINNEAPOLIS MN 55407	J L SCHREIFELS & A HAAHEIM	RESIDENTIAL	$244,800	147 ft
3516 19TH AVE S MINNEAPOLIS MN 55407	JOHN MICHAEL DICK	RESIDENTIAL	$272,900	149 ft
3452 19TH AVE S MINNEAPOLIS MN 55407	ROCHESTER YOUNGS FAM TRUST	RESIDENTIAL	$350,600	155 ft
3513 LONGFELLOW AVE MINNEAPOLIS MN 55407	J M CHAMPLIN & L J GROSS	RESIDENTIAL	$319,000	170 ft
3505 19TH AVE S MINNEAPOLIS MN 55407	MARK THOMSON & ALICE JOHNSON	RESIDENTIAL	$404,900	185 ft

Property History

Most Recent Sale

Date200701

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,001