3160 COLUMBUS AVE MINNEAPOLIS MN 55407

PID: 0202824230015

Property Overview

Parcel ID0202824230015

Lot Size3,071 sq ft (0.071 ac)

Lot Dimensions (est.)77 ft wide × 40 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerM JANCZEWSKI & K GILBERTSON

Assessed Value$252,300

Land Value$47,000

Building Value$205,300

Annual Tax$3,558

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

Minneapolis

Median reported rent1,458/mo

Renter-occupied34.5%

Median home value$302K

Vacancy rate11.2%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 84

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 width64 ft

Buildable depth0 ft

Area~992 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 sfr / adu benchmarks for 992 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3156 COLUMBUS AVE MINNEAPOLIS MN 55407	CONCEPCION R JARA	RESIDENTIAL-TWO UNIT	$325,600	45 ft
710 32ND ST E MINNEAPOLIS MN 55407	MARY M LIEDL	RESIDENTIAL	$233,500	59 ft
3152 COLUMBUS AVE MINNEAPOLIS MN 55407	PHONG V TRUONG	RESIDENTIAL	$374,000	83 ft
3200 COLUMBUS AVE MINNEAPOLIS MN 55407	FRANGENA A JOHNSON	RESIDENTIAL-TWO UNIT	$342,500	105 ft
708 32ND ST E MINNEAPOLIS MN 55407	JUSTIN DAVIS/RACHEL WORMER	RESIDENTIAL	$242,500	118 ft
3148 COLUMBUS AVE MINNEAPOLIS MN 55407	T RANDALL & H RANDALL	RESIDENTIAL-TWO UNIT	$376,400	122 ft
3204 COLUMBUS AVE MINNEAPOLIS MN 55407	A NELSON & J NELSON	RESIDENTIAL	$252,600	148 ft
3157 PARK AVE MINNEAPOLIS MN 55407	MINNESOTA TEEN CHALLENGE INC	APARTMENT	$0	156 ft
3161 COLUMBUS AVE MINNEAPOLIS MN 55407	JOSEPH J A SALDANHA	RESIDENTIAL	$220,900	160 ft
3144 COLUMBUS AVE MINNEAPOLIS MN 55407	PPL DECC LIMITED PARTNERSHIP	LOW INCOME RENTAL	$314,800	162 ft

Property History

Most Recent Sale

Date199803

Price$71,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,558