886 23RD AVE S E MINNEAPOLIS MN 55414

PID: 1902923240041

Property Overview

Parcel ID1902923240041

Lot Size3,113 sq ft (0.071 ac)

Lot Dimensions (est.)79 ft wide × 39 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerJAMES D CRILL & N RAE PIERCE

Assessed Value$197,800

Land Value$61,000

Building Value$136,800

Annual Tax$2,659

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 rent1,734/mo

Renter-occupied73.3%

Median home value$337K

Vacancy rate15.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1040.01

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 depth38 ft

Area~1,144 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 sfr / adu benchmarks for 1,144 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
880 23RD AVE S E MINNEAPOLIS MN 55414	COLLIN J SAUER ETAL	RESIDENTIAL	$289,000	40 ft
894 23RD AVE S E MINNEAPOLIS MN 55414	J D BENTS/M G & A M TOOMEY	RESIDENTIAL	$279,900	41 ft
2318 COLE AVE S E MINNEAPOLIS MN 55414	DIEGO RIVERA LLC	RESIDENTIAL-TWO UNIT	$245,000	82 ft
896 23RD AVE S E MINNEAPOLIS MN 55414	HENNEPIN FORFEITED LAND	VACANT LAND-RESIDENTIAL	$0	83 ft
878 23RD AVE S E MINNEAPOLIS MN 55414	SHERIDAN M GALLAGHER	RESIDENTIAL	$242,000	142 ft
885 23RD AVE S E MINNEAPOLIS MN 55414	STEVEN FREDERICKSON	RESIDENTIAL-TWO UNIT	$379,500	165 ft
883 23RD AVE S E MINNEAPOLIS MN 55414	JOHN O WILD & ELLEN L C WILD	RESIDENTIAL	$299,700	166 ft
891 23RD AVE S E MINNEAPOLIS MN 55414	KEITH TOW TRUST & NATHAN TOW	RESIDENTIAL	$215,000	168 ft
2309 COLE AVE S E MINNEAPOLIS MN 55414	TA REAL ESTATE LLC	RESIDENTIAL	$263,100	175 ft
2313 COLE AVE S E MINNEAPOLIS MN 55414	MATTHEW G TOONEY	RESIDENTIAL	$448,900	178 ft

Property History

Current Tax Year

Year2026

Tax Due$2,659