3826 20TH AVE S MINNEAPOLIS MN 55407

PID: 1202824220054

Property Overview

Parcel ID1202824220054

Lot Size5,093 sq ft (0.117 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerJOSEPH R CAREY

Assessed Value$312,600

Land Value$123,000

Building Value$189,600

Annual Tax$4,564

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $22K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Inspection

BONFES PLUMBING HEATING AND AIR SERVICE INC

RemodelJan 2025Closed

$6K

Everlight Solar Construction

ResApr 2022Closed

CenterPoint Energy Resource Corp

ExistresJun 2020Closed

Airic's Heating & Air Conditioning Inc

MiscJun 2018Closed

$16K

LINDUS CONSTRUCTION

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

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 width30 ft

Buildable depth87 ft

Area~2,619 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 2,619 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3830 20TH AVE S MINNEAPOLIS MN 55407	N K NERBURN & A F SIMONTON	RESIDENTIAL	$255,500	40 ft
3822 20TH AVE S MINNEAPOLIS MN 55407	DREW PHELPS & BREANNA PATSCH	RESIDENTIAL-TWO UNIT	$285,300	40 ft
3832 20TH AVE S MINNEAPOLIS MN 55407	DAVID J ULVIN	RESIDENTIAL-TWO UNIT	$438,900	80 ft
3818 20TH AVE S MINNEAPOLIS MN 55407	ANGELA GAYLE SAWYER	RESIDENTIAL	$312,600	80 ft
3838 20TH AVE S MINNEAPOLIS MN 55407	R BERNARDI & M BURR	RESIDENTIAL	$204,000	120 ft
3814 20TH AVE S MINNEAPOLIS MN 55407	KENNON MICHAEL BASTIAN	RESIDENTIAL	$272,900	120 ft
3825 19TH AVE S MINNEAPOLIS MN 55407	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	141 ft
3823 19TH AVE S MINNEAPOLIS MN 55407	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	146 ft
3829 19TH AVE S MINNEAPOLIS MN 55407	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	146 ft
3840 20TH AVE S MINNEAPOLIS MN 55407	E AWOSIKA & O AWOSIKA	RESIDENTIAL-TWO UNIT	$349,500	160 ft

Property History

Most Recent Sale

Date202105

Price$340,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$4,564