2007 21ST ST W MINNEAPOLIS MN 55405

PID: 3302924220055

Property Overview

Parcel ID3302924220055

Lot Size12,319 sq ft (0.283 ac)

Lot Dimensions (est.)92 ft wide × 134 ft deep

Year Built1902

Property ClassRESIDENTIAL-TWO UNIT

OwnerRITA ERDRICH

Assessed Value$909,300

Land Value$498,000

Building Value$411,300

Annual Tax$15,453

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

5 permits on record since 2001 · $232K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$27K

Countrywide Contracting

MiscNov 2023Closed

$8K

EVERGREEN CONSTRUCTION CO., INC.

ExistresMay 2022Closed

Standard Heating and Air Conditioning Inc

Building Re-inspectionJun 2006

$55K

Building Re-inspectionNov 2001

$142K

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

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 width79 ft

Buildable depth94 ft

Area~7,501 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 7,501 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
2001 21ST ST W MINNEAPOLIS MN 55405	P A ERDRICH & P A E DORRIS	RESIDENTIAL	$859,800	90 ft
2113 OLIVER AVE S MINNEAPOLIS MN 55405	JOHN MARK BULGERIN ET AL	RESIDENTIAL	$553,600	102 ft
2110 NEWTON AVE S MINNEAPOLIS MN 55405	JANE ANN MARTIN ET AL TRS	RESIDENTIAL	$708,700	113 ft
2119 OLIVER AVE S MINNEAPOLIS MN 55405	HARRY BROMBERG FUNK TRUST	RESIDENTIAL	$1,145,900	164 ft
2112 NEWTON AVE S MINNEAPOLIS MN 55405	LUCY LYON & TIMOTHY GIHRING	RESIDENTIAL	$964,600	164 ft
2104 OLIVER AVE S MINNEAPOLIS MN 55405	MARK H JOHNSON REV TR ET AL	RESIDENTIAL	$810,400	169 ft
2100 OLIVER AVE S MINNEAPOLIS MN 55405	LESTER M KEPHART ETAL	RESIDENTIAL	$575,000	174 ft
2108 OLIVER AVE S MINNEAPOLIS MN 55405	E P FROST & N A FROST	RESIDENTIAL	$1,124,800	177 ft
2112 OLIVER AVE S MINNEAPOLIS MN 55405	SARAH L BREW	RESIDENTIAL	$973,900	199 ft
2010 21ST ST W MINNEAPOLIS MN 55405	J A JOHNSON & S HAS	RESIDENTIAL	$603,200	203 ft

Property History

Most Recent Sale

Date199604

Price$280,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$15,453