3525 20TH AVE S MINNEAPOLIS MN 55407

PID: 0102824320212

Property Overview

Parcel ID0102824320212

Lot Size6,191 sq ft (0.142 ac)

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

Year Built1918

Property ClassRESIDENTIAL

OwnerELIZABETH HENDRICKSON

Assessed Value$379,400

Land Value$114,000

Building Value$265,400

Annual Tax$5,998

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2020 · $259K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

ProMech LLC

ResMar 2024Closed

Nybo Peterson Plumbing Co Inc

ExistresFeb 2024Expired

Perfection Heating and Air Conditioning Inc

AdditionJan 2024Expired

$252K

Elizabeth Hendrickson

ResFeb 2023Closed

CenterPoint Energy Resource 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~3,358 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 3,358 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
3521 20TH AVE S MINNEAPOLIS MN 55407	R FLORES/M FLORES/G FLORES	RESIDENTIAL	$231,000	50 ft
3529 20TH AVE S MINNEAPOLIS MN 55407	JENNA M TOEDTER	RESIDENTIAL	$349,000	50 ft
3517 20TH AVE S MINNEAPOLIS MN 55407	ALEXIS DANIEL	RESIDENTIAL-TWO UNIT	$366,500	99 ft
3533 20TH AVE S MINNEAPOLIS MN 55407	SIMON J & APRIL L RIORDAN	RESIDENTIAL	$294,000	99 ft
3524 21ST AVE S MINNEAPOLIS MN 55407	N R COLLARD/M B WUHIB	RESIDENTIAL	$314,500	139 ft
3520 21ST AVE S MINNEAPOLIS MN 55407	HENRY BROWN	RESIDENTIAL	$355,000	147 ft
3528 21ST AVE S MINNEAPOLIS MN 55407	PARAMOUNT INVESTMENT GRP LLC	RESIDENTIAL	$248,300	147 ft
3537 20TH AVE S MINNEAPOLIS MN 55407	AARON P WIEBUSCH	RESIDENTIAL	$277,700	148 ft
3515 20TH AVE S MINNEAPOLIS MN 55407	MARK M CURRIE	RESIDENTIAL	$224,000	149 ft
3516 21ST AVE S MINNEAPOLIS MN 55407	A B C YUPA	RESIDENTIAL-TWO UNIT	$391,600	170 ft

Property History

Most Recent Sale

Date202112

Price$11,978

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$5,998