1096 22ND AVE S E MINNEAPOLIS MN 55414

PID: 1902923210051

Property Overview

Parcel ID1902923210051

Lot Size5,124 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerBRANDON S EGGUM

Assessed Value$301,200

Land Value$79,000

Building Value$222,200

Annual Tax$4,663

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2022 · Most recent: Dec 2025 (res)

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

ResDec 2022Closed

All Pride Plumbing Inc

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

Neighborhood Profile

Como · Minneapolis

Median reported rent1,416/mo

Renter-occupied87.3%

Median home value$321K

Vacancy rate6.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1040.02

Market Snapshot

Zip code 55414

Median sale price$385K+13.2% YoY

Median price / sqft$233/sqft

Median days to close91 days

Active listings36

Source: Redfin Data Center (Invalid Date) · Zip 55414

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 depth88 ft

Area~2,642 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 2,642 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
1092 22ND AVE S E MINNEAPOLIS MN 55414	J PENTTINEN & C PENTTINEN	RESIDENTIAL	$351,500	40 ft
1100 22ND AVE S E MINNEAPOLIS MN 55414	JOANNE MARIE BJORGE	RESIDENTIAL	$289,700	40 ft
1088 22ND AVE S E MINNEAPOLIS MN 55414	ELM PROPERTIES LLC	RESIDENTIAL	$166,000	80 ft
1104 22ND AVE S E MINNEAPOLIS MN 55414	DIANA R HALSEY	RESIDENTIAL	$292,800	80 ft
1084 22ND AVE S E MINNEAPOLIS MN 55414	KOESTER PROPERTIES LLC	RESIDENTIAL	$320,800	120 ft
1108 22ND AVE S E MINNEAPOLIS MN 55414	DIANA ROSE HALSEY	RESIDENTIAL	$251,600	120 ft
1095 23RD AVE S E MINNEAPOLIS MN 55414	JON CHOV & GINA CHOV	RESIDENTIAL-TWO UNIT	$377,000	142 ft
1093 23RD AVE S E MINNEAPOLIS MN 55414	SUKHDEEP B SINGH/ROBIN SINGH	RESIDENTIAL-TWO UNIT	$333,700	146 ft
1101 23RD AVE S E MINNEAPOLIS MN 55414	P JUNGBLUTH & S RASMUSSEN	RESIDENTIAL	$255,300	148 ft
2200 HENNEPIN AVE E MINNEAPOLIS MN 55413	SCHIRBER RENTAL LLC	RESIDENTIAL-TWO UNIT	$398,900	155 ft

Property History

Most Recent Sale

Date200201

Price$143,435

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,663