3601 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 0102924110134

Property Overview

Parcel ID0102924110134

Lot Size6,244 sq ft (0.143 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerP R GRAVERSEN/C C SMULL

Assessed Value$293,700

Land Value$126,000

Building Value$167,700

Annual Tax$4,264

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $17K total declared value · Most recent: Dec 2017 (res)

ResDec 2017Closed

CENTERPOINT ENERGY

RemodelJul 2017Closed

$2K

AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI

RemodelJul 2017Closed

$15K

Paul R Graversen

ResJul 2017Closed

The Tarbek Company LLC

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

Neighborhood Profile

Waite Park · Minneapolis

Median reported rent1,569/mo

Renter-occupied8.5%

Median home value$294K

Vacancy rate1.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 6.03

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width112 ft

Buildable depth10 ft

Area~3,140 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 3,140 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3607 CLEVELAND ST N E MINNEAPOLIS MN 55418	PETER J & JENNIE M RASMUSSEN	RESIDENTIAL	$259,900	50 ft
3611 CLEVELAND ST N E MINNEAPOLIS MN 55418	TOMASZ KUCHTA/KIRSTEN KUCHTA	RESIDENTIAL	$334,000	100 ft
3565 CLEVELAND ST N E MINNEAPOLIS MN 55418	D J THOMSEN & A-M L THOMSEN	RESIDENTIAL	$307,400	112 ft
3600 BENJAMIN ST N E MINNEAPOLIS MN 55418	LORETTA M MORSE	RESIDENTIAL	$457,700	138 ft
3606 BENJAMIN ST N E MINNEAPOLIS MN 55418	THREE DANCES LLC	RESIDENTIAL	$400,200	147 ft
3615 CLEVELAND ST N E MINNEAPOLIS MN 55418	NANCY K KING	RESIDENTIAL	$304,300	150 ft
3559 CLEVELAND ST N E MINNEAPOLIS MN 55418	ALBERTO FORTE	RESIDENTIAL	$374,900	165 ft
3610 BENJAMIN ST N E MINNEAPOLIS MN 55418	MARY J HEPBURN/KEICH HEPBURN	RESIDENTIAL	$319,200	170 ft
3562 BENJAMIN ST N E MINNEAPOLIS MN 55418	E JAMESON & D FELITTO	RESIDENTIAL	$303,800	175 ft
2043 36TH AVE N E MINNEAPOLIS MN 55418	IH3 PROPERTY MINNESOTA LP	RESIDENTIAL	$270,500	180 ft

Property History

Most Recent Sale

Date201702

Price$190,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,264