3043 JOHNSON ST N E MINNEAPOLIS MN 55418

PID: 0102924430102

Property Overview

Parcel ID0102924430102

Lot Size6,969 sq ft (0.160 ac)

Lot Dimensions (est.)127 ft wide × 55 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerF SOMMERFELD/J F SOMMERFELD

Assessed Value$350,000

Land Value$137,000

Building Value$213,000

Annual Tax$5,208

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Audubon Park · Minneapolis

Median reported rent1,181/mo

Renter-occupied31.9%

Median home value$356K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1012

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width45 ft

Buildable depth87 ft

Area~3,900 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 3-story wood frame (5–12 units) benchmarks for 3,900 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3039 JOHNSON ST N E MINNEAPOLIS MN 55418	PIOTR WAWRZYNIECKI	RESIDENTIAL	$332,600	47 ft
3051 JOHNSON ST N E MINNEAPOLIS MN 55418	YUKIKO G NORTON	RESIDENTIAL	$373,600	51 ft
3035 JOHNSON ST N E MINNEAPOLIS MN 55418	PETER WAWARZYNIECKI	RESIDENTIAL	$340,600	88 ft
3031 JOHNSON ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	127 ft
3042 ULYSSES ST N E MINNEAPOLIS MN 55418	CLAUDIA C STEPHENS	RESIDENTIAL	$385,600	128 ft
3038 ULYSSES ST N E MINNEAPOLIS MN 55418	MARY LEE JAUSS	RESIDENTIAL	$357,500	146 ft
3034 ULYSSES ST N E MINNEAPOLIS MN 55418	ERIC J GRIFFIN	RESIDENTIAL	$446,000	164 ft
3025 JOHNSON ST N E MINNEAPOLIS MN 55418	BETHANY L PETERSON	RESIDENTIAL	$335,600	167 ft
3030 ULYSSES ST N E MINNEAPOLIS MN 55418	DAVID ALLEN	RESIDENTIAL	$476,900	188 ft
3042 JOHNSON ST N E MINNEAPOLIS MN 55418	CALEB THEODROS	RESIDENTIAL	$197,000	192 ft

Property History

Most Recent Sale

Date198907

Price$90,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,208