4220 23RD AVE S MINNEAPOLIS MN 55407

PID: 1202824310023

Property Overview

Parcel ID1202824310023

Lot Size6,237 sq ft (0.143 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1938

Property ClassRESIDENTIAL

OwnerDOUGLAS ALLEN BROWN

Assessed Value$432,700

Land Value$161,000

Building Value$271,700

Annual Tax$6,567

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2013 · $97K total declared value · Most recent: Feb 2025 (existres)

ExistresFeb 2025Closed

ST PAUL PLUMBING AND HEATING CO INC

MiscJun 2024Closed

$33K

PROMINENT CONSTRUCTION LLC

ResApr 2022Closed

CenterPoint Energy Resource Corp

Building Re-inspectionOct 2013

$64K

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,387/mo

Renter-occupied12.2%

Median home value$296K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1102

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 depth85 ft

Area~3,388 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 3,388 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4216 23RD AVE S MINNEAPOLIS MN 55407	T S HETLAND & R K HETLAND	RESIDENTIAL	$341,300	50 ft
4224 23RD AVE S MINNEAPOLIS MN 55407	J D MAGNUSON & C G KELLY	RESIDENTIAL	$424,600	50 ft
4212 23RD AVE S MINNEAPOLIS MN 55407	CRAIG L FEUCHT TRUST	RESIDENTIAL	$457,900	100 ft
4228 23RD AVE S MINNEAPOLIS MN 55407	J S KNECHT & KAREN L KNECHT	RESIDENTIAL	$371,000	100 ft
4221 STANDISH AVE MINNEAPOLIS MN 55407	TRACIE EMBI AND PAUL J EMBI	RESIDENTIAL	$422,300	138 ft
4225 STANDISH AVE MINNEAPOLIS MN 55407	BRADLEY T HANSON	RESIDENTIAL	$365,000	147 ft
4217 STANDISH AVE MINNEAPOLIS MN 55407	COURTNEY WEGNER	RESIDENTIAL	$388,100	147 ft
4208 23RD AVE S MINNEAPOLIS MN 55407	DALE A HENDRICKSON ETAL	RESIDENTIAL	$366,300	150 ft
4232 23RD AVE S MINNEAPOLIS MN 55407	MICHAEL BONYNGE/SOPHIA SKEMP	RESIDENTIAL	$468,400	150 ft
4229 STANDISH AVE MINNEAPOLIS MN 55407	K R STATSMAN & B L KASPER	RESIDENTIAL	$386,700	170 ft

Property History

Most Recent Sale

Date199304

Price$1

Type—

Current Tax Year

Year2026

Tax Due$6,567