3850 20TH AVE S MINNEAPOLIS MN 55407

PID: 1202824220048

Property Overview

Parcel ID1202824220048

Lot Size5,090 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1927

Property ClassRESIDENTIAL-TWO UNIT

OwnerE CHAPMAN & W CHAPMAN

Assessed Value$346,600

Land Value$123,000

Building Value$223,600

Annual Tax$5,130

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · Most recent: May 2022 (existres)

ExistresMay 2022Closed

Residential Heating and Air Conditioning Inc

ResJul 2017Closed

Warners Stellian Co Inc

ExistresJun 2017Closed

Standard Heating and Air Conditioning Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Minneapolis

Median reported rent1,159/mo

Renter-occupied26.1%

Median home value$309K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1101

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width114 ft

Buildable depth0 ft

Area~2,356 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 2,356 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3854 20TH AVE S MINNEAPOLIS MN 55407	C RADEL & B RADEL	RESIDENTIAL-TWO UNIT	$355,400	36 ft
3844 20TH AVE S MINNEAPOLIS MN 55407	A N CAUDILL & Z GREEN	RESIDENTIAL	$415,600	40 ft
3840 20TH AVE S MINNEAPOLIS MN 55407	E AWOSIKA & O AWOSIKA	RESIDENTIAL-TWO UNIT	$349,500	80 ft
1910 39TH ST E MINNEAPOLIS MN 55407	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	110 ft
3838 20TH AVE S MINNEAPOLIS MN 55407	R BERNARDI & M BURR	RESIDENTIAL	$204,000	120 ft
3845 19TH AVE S MINNEAPOLIS MN 55407	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	147 ft
3832 20TH AVE S MINNEAPOLIS MN 55407	DAVID J ULVIN	RESIDENTIAL-TWO UNIT	$438,900	160 ft
3841 19TH AVE S MINNEAPOLIS MN 55407	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	162 ft
1900 39TH ST E MINNEAPOLIS MN 55407	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	173 ft
3851 20TH AVE S MINNEAPOLIS MN 55407	KIMBERLY FALK	RESIDENTIAL	$429,500	184 ft

Property History

Most Recent Sale

Date202306

Price$427,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,130