3536 20TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320191

Property Overview

Parcel ID0102824320191

Lot Size6,190 sq ft (0.142 ac)

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

Year Built2018

Property ClassRESIDENTIAL

OwnerMIKE KNUTSON/AMANDA HAYMOND

Assessed Value$713,000

Land Value$114,000

Building Value$599,000

Annual Tax$12,061

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
3540 20TH AVE S MINNEAPOLIS MN 55407	E M THOMPSON & T M SCHROEDER	RESIDENTIAL	$356,000	45 ft
3532 20TH AVE S MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	50 ft
3544 20TH AVE S MINNEAPOLIS MN 55407	PETER HALL	RESIDENTIAL	$312,500	98 ft
3528 20TH AVE S MINNEAPOLIS MN 55407	MARGARET J ARVESON REV TR	RESIDENTIAL	$363,400	99 ft
1914 36TH ST E MINNEAPOLIS MN 55407	MOLLY E HENNEN	RESIDENTIAL	$260,700	101 ft
1910 36TH ST E MINNEAPOLIS MN 55407	CHARLES BIRD & VIRGINIA WARD	RESIDENTIAL	$256,100	118 ft
3537 19TH AVE S MINNEAPOLIS MN 55407	H JACOBSEN & J JACOBSEN	RESIDENTIAL	$304,000	138 ft
3533 19TH AVE S MINNEAPOLIS MN 55407	AHMED SALAH MOHAMED	RESIDENTIAL	$655,000	147 ft
3524 20TH AVE S MINNEAPOLIS MN 55407	LAURA A GARBES	RESIDENTIAL	$316,600	149 ft
3541 19TH AVE S MINNEAPOLIS MN 55407	SREEKISHEN S NAIR	RESIDENTIAL	$308,300	159 ft

Property History

Most Recent Sale

Date201908

Price$495,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,061