2614 21ST AVE N MINNEAPOLIS MN 55411

PID: 1702924130115

Property Overview

Parcel ID1702924130115

Lot Size6,517 sq ft (0.150 ac)

Lot Dimensions (est.)45 ft wide × 144 ft deep

Year Built1922

Property ClassRESIDENTIAL

Owner2614 21ST AVE NORTH LLC

Assessed Value$129,000

Land Value$23,000

Building Value$106,000

Annual Tax$1,988

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 rent1,168/mo

Renter-occupied38.0%

Median home value$240K

Vacancy rate9.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1020

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

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 width35 ft

Buildable depth105 ft

Area~3,667 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 3,667 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2616 21ST AVE N MINNEAPOLIS MN 55411	ANGELA DALBEC	RESIDENTIAL	$167,000	45 ft
2107 THOMAS AVE N MINNEAPOLIS MN 55411	2107 THOMAS AVENUE NORTH LLC	RESIDENTIAL	$215,000	86 ft
2622 21ST AVE N MINNEAPOLIS MN 55411	CHARLIE BURGE	RESIDENTIAL	$244,000	90 ft
2111 THOMAS AVE N MINNEAPOLIS MN 55411	MARY H KWAKENAT	RESIDENTIAL	$199,200	102 ft
2600 21ST AVE N MINNEAPOLIS MN 55411	MARLON E & ALISHA R CARTER	RESIDENTIAL	$290,300	107 ft
2116 UPTON AVE N MINNEAPOLIS MN 55411	ROSARIO CERVANTES	RESIDENTIAL	$167,000	140 ft
2615 MCNAIR AVE MINNEAPOLIS MN 55411	HEATHER E & ANDREW J ARENDS	RESIDENTIAL	$227,600	158 ft
2028 UPTON AVE N MINNEAPOLIS MN 55411	GIANNA C MADISON	RESIDENTIAL	$221,500	159 ft
2609 MCNAIR AVE MINNEAPOLIS MN 55411	DARLA JOHNSON	RESIDENTIAL	$150,000	164 ft
2033 THOMAS AVE N MINNEAPOLIS MN 55411	STACI S HORWITZ	RESIDENTIAL	$225,100	180 ft

Property History

Most Recent Sale

Date201610

Price$70,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$1,988