3623 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 0102924110139

Property Overview

Parcel ID0102924110139

Lot Size6,237 sq ft (0.143 ac)

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

Year Built1956

Property ClassRESIDENTIAL

OwnerJEREMY R ADAIR

Assessed Value$277,800

Land Value$126,000

Building Value$151,800

Annual Tax$3,999

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $6K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

Pronto Heating & Air Conditioning Inc

ResJul 2025Closed

Pronto Heating & Air Conditioning Inc

MiscNov 2020Closed

$6K

HOFFMAN WEBER CONSTRUCTION INC

ResDec 2017Closed

CENTERPOINT ENERGY

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth85 ft

Area~3,388 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 3,388 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3619 CLEVELAND ST N E MINNEAPOLIS MN 55418	TIMOTHY L WOLTER JR	RESIDENTIAL	$299,500	50 ft
3629 CLEVELAND ST N E MINNEAPOLIS MN 55418	ELENA U BRYAN	RESIDENTIAL	$324,300	70 ft
3615 CLEVELAND ST N E MINNEAPOLIS MN 55418	NANCY K KING	RESIDENTIAL	$304,300	100 ft
3618 BENJAMIN ST N E MINNEAPOLIS MN 55418	ANTHONY HIPPLE	RESIDENTIAL	$312,800	141 ft
3626 BENJAMIN ST N E MINNEAPOLIS MN 55418	PHILLIP A BELL	RESIDENTIAL	$272,200	148 ft
3611 CLEVELAND ST N E MINNEAPOLIS MN 55418	TOMASZ KUCHTA/KIRSTEN KUCHTA	RESIDENTIAL	$334,000	150 ft
3630 BENJAMIN ST N E MINNEAPOLIS MN 55418	MATTHEW D SHIRLEY ET AL	RESIDENTIAL	$375,900	171 ft
3614 BENJAMIN ST N E MINNEAPOLIS MN 55418	E M DEMERS SR/ E M DEMERS JR	RESIDENTIAL	$350,000	172 ft
3622 CLEVELAND ST N E MINNEAPOLIS MN 55418	JOHN P KAESS	RESIDENTIAL	$284,000	178 ft
3607 CLEVELAND ST N E MINNEAPOLIS MN 55418	PETER J & JENNIE M RASMUSSEN	RESIDENTIAL	$259,900	200 ft

Property History

Most Recent Sale

Date202002

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,999