2427 22ND ST W MINNEAPOLIS MN 55405

PID: 3202924110076

Property Overview

Parcel ID3202924110076

Lot Size8,698 sq ft (0.200 ac)

Lot Dimensions (est.)74 ft wide × 118 ft deep

Year Built1898

Property ClassRESIDENTIAL

OwnerMARIAN S MOORE TRUST

Assessed Value$848,200

Land Value$399,000

Building Value$449,200

Annual Tax$14,298

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $27K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$20K

KAUFMAN SHEET METAL ROOFING INC

ResDec 2021Closed

Warners Stellian Co Inc

ResSep 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

ExistresApr 2017Closed

$7K

UPTOWN PLUMBING HEATING AND COOLING

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

Neighborhood Profile

Kenwood · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width34 ft

Buildable depth158 ft

Area~5,258 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 5,258 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2423 22ND ST W MINNEAPOLIS MN 55405	JIAO LUO	RESIDENTIAL	$1,041,700	54 ft
2431 22ND ST W MINNEAPOLIS MN 55405	PREM KUMAR & JAVANTY KUMAR	RESIDENTIAL	$1,914,700	59 ft
2419 22ND ST W MINNEAPOLIS MN 55405	AMY BETH FUNK	RESIDENTIAL-TWO UNIT	$982,700	101 ft
2433 22ND ST W MINNEAPOLIS MN 55405	B S NIJHUIS & G E ROBILLARD	RESIDENTIAL-TWO UNIT	$786,200	118 ft
2415 22ND ST W MINNEAPOLIS MN 55405	P B SKRIEF & E D SPENCE	RESIDENTIAL	$1,137,400	150 ft
2432 24TH ST W MINNEAPOLIS MN 55405	JULIA ALLEN	RESIDENTIAL	$982,900	157 ft
2436 24TH ST W MINNEAPOLIS MN 55405	MARK HARRIS & MARCIA HARRIS	RESIDENTIAL	$945,300	163 ft
2428 24TH ST W MINNEAPOLIS MN 55405	M T SHAY & K KASTBERG-SHAY	RESIDENTIAL	$1,189,200	164 ft
2441 22ND ST W MINNEAPOLIS MN 55405	D P FRANKLIN & LUKE FRANKLIN	RESIDENTIAL	$769,000	169 ft
2440 24TH ST W MINNEAPOLIS MN 55405	E V LARSSON & K L RIEDESEL	RESIDENTIAL	$838,100	183 ft

Property History

Most Recent Sale

Date198712

Price$220,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$14,298