1052 19TH AVE S E MINNEAPOLIS MN 55414

PID: 1902923220034

Property Overview

Parcel ID1902923220034

Lot Size8,274 sq ft (0.190 ac)

Lot Dimensions (est.)138 ft wide × 60 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerKAYCIE MELISSA DALE

Assessed Value$253,000

Land Value$97,000

Building Value$156,000

Annual Tax$3,582

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

No permits found in Minneapolis open data for this parcel.

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 width50 ft

Buildable depth98 ft

Area~4,891 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 4,891 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1046 19TH AVE S E MINNEAPOLIS MN 55414	LAURA HEYMANS	RESIDENTIAL	$299,700	50 ft
1056 19TH AVE S E MINNEAPOLIS MN 55414	C O'DELL & J EICHTEN JR	RESIDENTIAL	$280,200	57 ft
1042 19TH AVE S E MINNEAPOLIS MN 55414	GOPHER RENTALS LLC	RESIDENTIAL-TWO UNIT	$377,000	90 ft
1038 19TH AVE S E MINNEAPOLIS MN 55414	URBAN CANOPIES L L C	RESIDENTIAL	$211,200	130 ft
1051 20TH AVE S E MINNEAPOLIS MN 55414	OSB PROPERTIES LLC	RESIDENTIAL	$199,300	152 ft
1055 20TH AVE S E MINNEAPOLIS MN 55414	JACOB STILLER	RESIDENTIAL	$275,600	155 ft
1047 20TH AVE S E MINNEAPOLIS MN 55414	D FREIDLUND & R PARKEY	RESIDENTIAL	$214,700	158 ft
1059 20TH AVE S E MINNEAPOLIS MN 55414	1059 20TH AVE SE LLC	RESIDENTIAL	$291,500	167 ft
1034 19TH AVE S E MINNEAPOLIS MN 55414	JOEL HUSSONG	RESIDENTIAL	$291,100	170 ft
1043 20TH AVE S E MINNEAPOLIS MN 55414	MICHAEL H BUDAY REV TRUST	RESIDENTIAL	$246,000	174 ft

Property History

Most Recent Sale

Date198704

Price$54,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,582