2901 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 0102924440137

Property Overview

Parcel ID0102924440137

Lot Size5,041 sq ft (0.116 ac)

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

Year Built1948

Property ClassRESIDENTIAL

OwnerKIMBERLY HUNN

Assessed Value$316,000

Land Value$123,000

Building Value$193,000

Annual Tax$4,873

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $10K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Closed

$10K

THE KINGDOM BUILDERS

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 width113 ft

Buildable depth0 ft

Area~2,322 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 2,322 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
2907 CLEVELAND ST N E MINNEAPOLIS MN 55418	JEFFREY LEE SMITH	RESIDENTIAL	$236,700	40 ft
2911 CLEVELAND ST N E MINNEAPOLIS MN 55418	SHAINE PICARD/JOSHUA PICARD	RESIDENTIAL	$323,000	80 ft
2915 CLEVELAND ST N E MINNEAPOLIS MN 55418	JASON A BROWN	RESIDENTIAL	$233,100	119 ft
2106 29TH AVE N E MINNEAPOLIS MN 55418	MARC WOOD & J PEARSON-WOOD	RESIDENTIAL	$512,700	127 ft
2900 BENJAMIN ST N E MINNEAPOLIS MN 55418	JESSICA SAMENS	RESIDENTIAL	$362,200	138 ft
2906 BENJAMIN ST N E MINNEAPOLIS MN 55418	MARY C SHERIN SUBJ/LE	RESIDENTIAL	$335,700	144 ft
2919 CLEVELAND ST N E MINNEAPOLIS MN 55418	RICHARD W SCHMIDT	RESIDENTIAL	$355,700	159 ft
2910 BENJAMIN ST N E MINNEAPOLIS MN 55418	NICOLE M MARTIN	RESIDENTIAL	$321,600	160 ft
2110 29TH AVE N E MINNEAPOLIS MN 55418	RICHARD C COOTER LIVING TR	RESIDENTIAL	$402,800	168 ft
2914 BENJAMIN ST N E MINNEAPOLIS MN 55418	BRIAN G LOCKWOOD	RESIDENTIAL	$399,800	183 ft

Property History

Current Tax Year

Year2026

Tax Due$4,873