1056 19TH AVE S E MINNEAPOLIS MN 55414

PID: 1902923220035

Property Overview

Parcel ID1902923220035

Lot Size7,476 sq ft (0.172 ac)

Lot Dimensions (est.)138 ft wide × 54 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerC O'DELL & J EICHTEN JR

Assessed Value$280,200

Land Value$93,000

Building Value$187,200

Annual Tax$4,039

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width125 ft

Buildable depth14 ft

Area~4,033 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 4,033 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
1052 19TH AVE S E MINNEAPOLIS MN 55414	KAYCIE MELISSA DALE	RESIDENTIAL	$253,000	57 ft
1046 19TH AVE S E MINNEAPOLIS MN 55414	LAURA HEYMANS	RESIDENTIAL	$299,700	107 ft
1042 19TH AVE S E MINNEAPOLIS MN 55414	GOPHER RENTALS LLC	RESIDENTIAL-TWO UNIT	$377,000	147 ft
1059 20TH AVE S E MINNEAPOLIS MN 55414	1059 20TH AVE SE LLC	RESIDENTIAL	$291,500	152 ft
1055 20TH AVE S E MINNEAPOLIS MN 55414	JACOB STILLER	RESIDENTIAL	$275,600	153 ft
1911 TALMAGE AVE S E MINNEAPOLIS MN 55414	CHRISTOPHER M WAHRMAN	RESIDENTIAL	$269,600	154 ft
1901 TALMAGE AVE S E MINNEAPOLIS MN 55414	CYM WARKOV	RESIDENTIAL	$343,600	154 ft
1051 20TH AVE S E MINNEAPOLIS MN 55414	OSB PROPERTIES LLC	RESIDENTIAL	$199,300	164 ft
1915 TALMAGE AVE S E MINNEAPOLIS MN 55414	LIUWORK ZEWDIE/BESRAT NEGATU	RESIDENTIAL	$350,000	170 ft
1047 20TH AVE S E MINNEAPOLIS MN 55414	D FREIDLUND & R PARKEY	RESIDENTIAL	$214,700	184 ft

Property History

Most Recent Sale

Date200607

Price$214,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,039