3545 19TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320195

Property Overview

Parcel ID0102824320195

Lot Size4,100 sq ft (0.094 ac)

Lot Dimensions (est.)82 ft wide × 50 ft deep

Year Built1924

Property Class—

OwnerCITY OF LAKES COMM LAND TRST

Assessed Value$274,600

Land Value$88,000

Building Value$186,600

Annual Tax$3,137

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

5 permits on record since 2020 · $17K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Inspection

Pro Master Plumbing Inc

ExistresApr 2026Inspection

Midland HVAC LLC

ResJan 2024Closed

Warners Stellian Co Inc

MiscNov 2023Closed

$17K

PATRICK MILLER CONSTRUCTION

ExistresJul 2020Closed

Residential Heating and Air Conditioning 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width69 ft

Buildable depth10 ft

Area~1,557 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 1,557 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3541 19TH AVE S MINNEAPOLIS MN 55407	SREEKISHEN S NAIR	RESIDENTIAL	$308,300	46 ft
1910 36TH ST E MINNEAPOLIS MN 55407	CHARLES BIRD & VIRGINIA WARD	RESIDENTIAL	$256,100	72 ft
3537 19TH AVE S MINNEAPOLIS MN 55407	H JACOBSEN & J JACOBSEN	RESIDENTIAL	$304,000	101 ft
1914 36TH ST E MINNEAPOLIS MN 55407	MOLLY E HENNEN	RESIDENTIAL	$260,700	122 ft
3533 19TH AVE S MINNEAPOLIS MN 55407	AHMED SALAH MOHAMED	RESIDENTIAL	$655,000	150 ft
1901 36TH ST E MINNEAPOLIS MN 55407	VIVIAN DREW	RESIDENTIAL	$252,100	157 ft
3544 19TH AVE S MINNEAPOLIS MN 55407	FAIYAZ AFRIDI ZABAR	RESIDENTIAL	$355,200	163 ft
3540 20TH AVE S MINNEAPOLIS MN 55407	E M THOMPSON & T M SCHROEDER	RESIDENTIAL	$356,000	169 ft
3540 19TH AVE S MINNEAPOLIS MN 55407	NATASHA FORTWENGLER	RESIDENTIAL	$261,000	171 ft
3544 20TH AVE S MINNEAPOLIS MN 55407	PETER HALL	RESIDENTIAL	$312,500	185 ft

Property History

Most Recent Sale

Date201406

Price$166,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,137