3104 18TH AVE S MINNEAPOLIS MN 55407

PID: 0202824110038

Property Overview

Parcel ID0202824110038

Lot Size4,627 sq ft (0.106 ac)

Lot Dimensions (est.)123 ft wide × 38 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerMICHAEL WILSON

Assessed Value$189,500

Land Value$78,000

Building Value$111,500

Annual Tax$2,613

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $7K total declared value · Most recent: May 2022 (res)

ResMay 2022Closed

CenterPoint Energy Resource Corp

MiscAug 2017Closed

$7K

JEFFERY J DOYLE AND SONS CONSTRUCTION LLC

ResMar 2017Closed

Urban Pine Plumbing and Mechanical Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,294/mo

Renter-occupied49.3%

Median home value$287K

Vacancy rate4.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1086

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width28 ft

Buildable depth82 ft

Area~2,292 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 small multifamily (2–4 units, wood frame) benchmarks for 2,292 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
3100 18TH AVE S MINNEAPOLIS MN 55407	LORETTA HENDRICKS	RESIDENTIAL	$297,500	38 ft
3108 18TH AVE S MINNEAPOLIS MN 55407	PATRICIA WELLER	RESIDENTIAL	$210,000	38 ft
3112 18TH AVE S MINNEAPOLIS MN 55407	VICTOR A PANORA	RESIDENTIAL-TWO UNIT	$387,900	75 ft
1707 31ST ST E MINNEAPOLIS MN 55407	PEDRO FUENTES CLAVEL	RESIDENTIAL-TWO UNIT	$545,200	100 ft
3114 18TH AVE S MINNEAPOLIS MN 55407	SERENDIPITY PROPERTIES LLC	RESIDENTIAL	$204,000	113 ft
1705 31ST ST E MINNEAPOLIS MN 55407	M H SWANSON & J D MORELAND	RESIDENTIAL	$155,400	136 ft
3105 17TH AVE S MINNEAPOLIS MN 55407	LUIS CHIMBORAZO CHIMBORAZO	RESIDENTIAL-TWO UNIT	$375,900	140 ft
3118 18TH AVE S MINNEAPOLIS MN 55407	TANYA MAE LAUTH	RESIDENTIAL	$329,200	150 ft
3111 17TH AVE S MINNEAPOLIS MN 55407	M DYVIG/D DYVIG/T DYVIG	RESIDENTIAL	$286,800	154 ft
3050 18TH AVE S MINNEAPOLIS MN 55407	M M MADRIGAL & M E LALA	CONDOMINIUM	$101,000	154 ft

Property History

Most Recent Sale

Date201803

Price$135,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,613