310 22ND ST E MINNEAPOLIS MN 55404

PID: 3402924110011

Property Overview

Parcel ID3402924110011

Lot Size1,936 sq ft (0.044 ac)

Lot Dimensions (est.)44 ft wide × 44 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerUP NORTH PROPERTY GROUP LLC

Assessed Value$270,700

Land Value$52,000

Building Value$218,700

Annual Tax$4,191

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — Washburn / Fair Oaks

Development Opportunities

Historic district — Washburn / Fair OaksHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

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

1 permit on record since 2024 · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Whittier · Minneapolis

Median reported rent1,074/mo

Renter-occupied80.6%

Median home value$282K

Vacancy rate5.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1069

Market Snapshot

Zip code 55404

Median sale price$306K+16.4% YoY

Median price / sqft$167/sqft

Median days to close92 days

Active listings57

Source: Redfin Data Center (Invalid Date) · Zip 55404

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 depth4 ft

Area~138 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 138 sqft buildable area.

Est. units

Yield on cost

11.9%

Spread

+6.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2120 CLINTON AVE MINNEAPOLIS MN 55404	WAYSIDE HOUSE INC	APARTMENT	$0	59 ft
MN	Unknown	—	—	87 ft
MN	Unknown	—	—	87 ft
MN	Unknown	—	—	87 ft
MN	Unknown	—	—	87 ft
2121 3RD AVE S MINNEAPOLIS MN 55404	BRIANNA LEWIN ET AL	APARTMENT	$744,000	87 ft
MN	Unknown	—	—	87 ft
2108 CLINTON AVE MINNEAPOLIS MN 55404	L M & D A ROLFSHUS	APARTMENT	$406,000	103 ft
2119 3RD AVE S MINNEAPOLIS MN 55404	VERNE KENNETH GREENLEE	TRIPLEX	$585,700	113 ft
2200 CLINTON AVE MINNEAPOLIS MN 55404	BRIAN LARSON	RESIDENTIAL	$274,900	132 ft

Property History

Most Recent Sale

Date202405

Price$289,300

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,191