3258 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 0102924410196

Property Overview

Parcel ID0102924410196

Lot Size5,018 sq ft (0.115 ac)

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

Year Built1948

Property ClassRESIDENTIAL

OwnerT ULSTAD & M ULSTAD

Assessed Value$317,100

Land Value$119,000

Building Value$198,100

Annual Tax$4,656

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · Most recent: Oct 2019 (existres)

ExistresOct 2019Closed

Freedom Heating and Air Conditioning 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

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 depth0 ft

Area~2,307 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,307 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3254 CLEVELAND ST N E MINNEAPOLIS MN 55418	LORI LOUISE GEISER	RESIDENTIAL	$392,000	40 ft
3250 CLEVELAND ST N E MINNEAPOLIS MN 55418	MN PROPERTY BUYERS LLC	RESIDENTIAL	$328,000	80 ft
3300 CLEVELAND ST N E MINNEAPOLIS MN 55418	RICARDO CHAVIRA	RESIDENTIAL	$296,100	106 ft
3246 CLEVELAND ST N E MINNEAPOLIS MN 55418	CARTER KRATTENMAKER	RESIDENTIAL	$330,000	120 ft
3259 ARTHUR ST N E MINNEAPOLIS MN 55418	MARK T SWANSON	RESIDENTIAL	$267,100	139 ft
3255 ARTHUR ST N E MINNEAPOLIS MN 55418	PATRICIA FRIDELL	RESIDENTIAL	$260,000	145 ft
3306 CLEVELAND ST N E MINNEAPOLIS MN 55418	DANI N LARSON	RESIDENTIAL	$308,000	156 ft
3242 CLEVELAND ST N E MINNEAPOLIS MN 55418	R J & R B HARTLEY JR	RESIDENTIAL	$324,800	160 ft
3251 ARTHUR ST N E MINNEAPOLIS MN 55418	RYAN SCOTT	RESIDENTIAL	$307,800	161 ft
3305 ARTHUR ST N E MINNEAPOLIS MN 55418	KAREN M BERGLUND	RESIDENTIAL	$345,100	164 ft

Property History

Most Recent Sale

Date200301

Price$180,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,656