3247 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 0102924410192

Property Overview

Parcel ID0102924410192

Lot Size5,029 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerALLISON R ALBRITTON

Assessed Value$264,000

Land Value$119,000

Building Value$145,000

Annual Tax$3,767

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2017 · $123K total declared value · Most recent: Dec 2024 (remodel)

RemodelDec 2024Closed

$20K

Innovative Basement Authority

ResMay 2024Closed

Ike's Plumbing & Drain Cleaning Inc

RemodelJan 2024Expired

$90K

G2 Remodeling

MiscDec 2023Closed

$6K

Viking Contractors LLC

ResNov 2023Expired

Ike's Plumbing & Drain Cleaning Inc

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 width30 ft

Buildable depth86 ft

Area~2,571 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 2,571 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3243 CLEVELAND ST N E MINNEAPOLIS MN 55418	LINDSEY ESCH	RESIDENTIAL	$312,000	40 ft
3251 CLEVELAND ST N E MINNEAPOLIS MN 55418	Z T CASEY & L M EDWARDS	RESIDENTIAL	$354,800	40 ft
3239 CLEVELAND ST N E MINNEAPOLIS MN 55418	JOLENE A HANSTAD	RESIDENTIAL	$380,000	80 ft
3255 CLEVELAND ST N E MINNEAPOLIS MN 55418	FREYA L FURZLAND	RESIDENTIAL	$255,000	80 ft
2100 33RD AVE N E MINNEAPOLIS MN 55418	K K KOOB & R H STENSTROM	RESIDENTIAL	$344,000	120 ft
3235 CLEVELAND ST N E MINNEAPOLIS MN 55418	G C KORBLICK JR & G C GOOCH	RESIDENTIAL	$411,000	130 ft
3246 BENJAMIN ST N E MINNEAPOLIS MN 55418	ROBYN STOLLER	RESIDENTIAL	$334,700	140 ft
3250 BENJAMIN ST N E MINNEAPOLIS MN 55418	EMILY A HEISLER	RESIDENTIAL	$347,000	145 ft
3238 BENJAMIN ST N E MINNEAPOLIS MN 55418	KRISTIN M WIEDERHOLD	RESIDENTIAL	$362,300	156 ft
3254 BENJAMIN ST N E MINNEAPOLIS MN 55418	NICHOLAS JELINEK	RESIDENTIAL	$344,200	161 ft

Property History

Most Recent Sale

Date200007

Price$80,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,767