898 21ST AVE S E MINNEAPOLIS MN 55414

PID: 1902923240070

Property Overview

Parcel ID1902923240070

Lot Size5,320 sq ft (0.122 ac)

Lot Dimensions (est.)128 ft wide × 42 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerD & D REAL ESTATE HLDGS LLC

Assessed Value$236,300

Land Value$83,000

Building Value$153,300

Annual Tax$3,658

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 width32 ft

Buildable depth87 ft

Area~2,776 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 2,776 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
894 21ST AVE S E MINNEAPOLIS MN 55414	SANG D HUA TRUSTEE	RESIDENTIAL	$273,600	41 ft
902 21ST AVE S E MINNEAPOLIS MN 55414	VICTORIA BOWMAN	RESIDENTIAL	$267,500	42 ft
890 21ST AVE S E MINNEAPOLIS MN 55414	PRIME HOLDINGS LLC	RESIDENTIAL	$218,800	82 ft
906 21ST AVE S E MINNEAPOLIS MN 55414	DANIEL JOSEPH VEZINA	RESIDENTIAL-TWO UNIT	$387,500	83 ft
886 21ST AVE S E MINNEAPOLIS MN 55414	ADAM C NEECK	RESIDENTIAL	$351,600	124 ft
910 21ST AVE S E MINNEAPOLIS MN 55414	PRIME HOLDINGS LLC	RESIDENTIAL	$327,900	125 ft
899 22ND AVE S E MINNEAPOLIS MN 55414	DAVID P RASMUSSEN	RESIDENTIAL	$183,200	141 ft
903 22ND AVE S E MINNEAPOLIS MN 55414	PATRICK YAM & ALPA GOSWAMI	RESIDENTIAL	$282,600	148 ft
893 22ND AVE S E MINNEAPOLIS MN 55414	SHARP VENTURES LLC	RESIDENTIAL	$344,900	153 ft
914 21ST AVE S E MINNEAPOLIS MN 55414	AUDREY LACEY DAUGHERTY TRUST	RESIDENTIAL	$293,400	166 ft

Property History

Most Recent Sale

Date201907

Price$2,615,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,658