2954 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 0102924440096

Property Overview

Parcel ID0102924440096

Lot Size5,039 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1932

Property ClassRESIDENTIAL-TWO UNIT

OwnerMASON SULLIVANET AL

Assessed Value$372,400

Land Value$130,000

Building Value$242,400

Annual Tax$5,582

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

12 permits on record since 2017 · $68K total declared value · Most recent: Jan 2022 (existres)

ExistresJan 2022Closed

STAFFORD HOME SERVICE

RemodelAug 2021Closed

$2K

AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI

ResAug 2021Closed

Johnson Plumbing and Heating Co

ExistresJul 2021Closed

McQuillan Bros Plumbing Heating & AC LLC

RemodelMay 2021Closed

$5K

Safe Basements of MN

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~2,580 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 2,580 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2950 CLEVELAND ST N E MINNEAPOLIS MN 55418	KATHERINE R KIRCHGESSNER	RESIDENTIAL	$346,800	40 ft
2958 CLEVELAND ST N E MINNEAPOLIS MN 55418	J RICE & T PETERSEN-RICE	RESIDENTIAL	$522,500	41 ft
2946 CLEVELAND ST N E MINNEAPOLIS MN 55418	MICHAELA GRACE MAUPIN	RESIDENTIAL	$251,500	80 ft
2942 CLEVELAND ST N E MINNEAPOLIS MN 55418	JOHN DEDRICK ROEMER	RESIDENTIAL	$301,800	120 ft
2955 ARTHUR ST N E MINNEAPOLIS MN 55418	MARY WACHA	RESIDENTIAL	$278,500	138 ft
2951 ARTHUR ST N E MINNEAPOLIS MN 55418	B R & T M FRUEN	RESIDENTIAL	$345,400	144 ft
2959 ARTHUR ST N E MINNEAPOLIS MN 55418	JAMIE L KNUTSON	RESIDENTIAL	$250,000	144 ft
3000 CLEVELAND ST N E MINNEAPOLIS MN 55418	J TRACE & S CAPISTRANT	RESIDENTIAL	$413,500	152 ft
2938 CLEVELAND ST N E MINNEAPOLIS MN 55418	ANNA WEILAND/STEVEN WEILAND	RESIDENTIAL	$298,000	159 ft
2947 ARTHUR ST N E MINNEAPOLIS MN 55418	JOSEF KARL HJERPE	RESIDENTIAL	$314,600	160 ft

Property History

Most Recent Sale

Date201403

Price$164,105

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,582