3521 LONGFELLOW AVE MINNEAPOLIS MN 55407

PID: 0102824320143

Property Overview

Parcel ID0102824320143

Lot Size6,187 sq ft (0.142 ac)

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

Year Built1915

Property ClassRESIDENTIAL

OwnerS H BEHNEN & B M PETERSON

Assessed Value$264,300

Land Value$112,000

Building Value$152,300

Annual Tax$4,396

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $31K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$25K

Restore Masters Contracting LLC

ResMar 2023Closed

CenterPoint Energy Resource Corp

MiscMay 2019Closed

$6K

NYSTROM CONTRACTING CORP

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 width40 ft

Buildable depth84 ft

Area~3,356 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 3,356 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
3517 LONGFELLOW AVE MINNEAPOLIS MN 55407	J GAINES & C OESTERREICH	RESIDENTIAL	$244,000	50 ft
3525 LONGFELLOW AVE MINNEAPOLIS MN 55407	SCOTT E MCINROY	APARTMENT	$396,000	50 ft
3513 LONGFELLOW AVE MINNEAPOLIS MN 55407	J M CHAMPLIN & L J GROSS	RESIDENTIAL	$319,000	99 ft
3529 LONGFELLOW AVE MINNEAPOLIS MN 55407	DWIGHT R ATHIAS	RESIDENTIAL-TWO UNIT	$336,300	99 ft
3520 19TH AVE S MINNEAPOLIS MN 55407	3520 LLC	RESIDENTIAL-TWO UNIT	$474,600	139 ft
3516 19TH AVE S MINNEAPOLIS MN 55407	JOHN MICHAEL DICK	RESIDENTIAL	$272,900	147 ft
3526 19TH AVE S MINNEAPOLIS MN 55407	JONATHAN OLSON/HALLIE OLSON	RESIDENTIAL-TWO UNIT	$433,400	147 ft
3533 LONGFELLOW AVE MINNEAPOLIS MN 55407	J V ALLARD & T M GUNDERSON	RESIDENTIAL-TWO UNIT	$359,400	148 ft
3509 LONGFELLOW AVE MINNEAPOLIS MN 55407	JEFFREY TREML & DANA TREML	RESIDENTIAL-TWO UNIT	$342,100	149 ft
3528 19TH AVE S MINNEAPOLIS MN 55407	AUBREY JAHELKA	RESIDENTIAL	$215,700	164 ft

Property History

Most Recent Sale

Date199404

Price$64,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,396