3338 18TH AVE S MINNEAPOLIS MN 55407

PID: 0202824140233

Property Overview

Parcel ID0202824140233

Lot Size7,465 sq ft (0.171 ac)

Lot Dimensions (est.)122 ft wide × 61 ft deep

Year Built1902

Property ClassRESIDENTIAL

OwnerHOLLY JO VAN GULDEN

Assessed Value$301,400

Land Value$96,000

Building Value$205,400

Annual Tax$4,729

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

2 permits on record since 2023 · $28K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

4Front Energy Solutions Inc

MiscSep 2023Closed

$28K

BUILD TODAY FOR TOMORROW LLC

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

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 width109 ft

Buildable depth21 ft

Area~3,954 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 3,954 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3332 18TH AVE S MINNEAPOLIS MN 55407	S B D LARSSON & M D LARSSON	RESIDENTIAL-TWO UNIT	$386,300	55 ft
1708 34TH ST E MINNEAPOLIS MN 55407	NORDEAST PARTNERS LLC	RESIDENTIAL-TWO UNIT	$301,600	92 ft
3328 18TH AVE S MINNEAPOLIS MN 55407	M E LEIERWOOD, G J LEIERWOOD	TRIPLEX	$367,800	105 ft
3400 18TH AVE S MINNEAPOLIS MN 55407	BRIAN R ST ONGE	RESIDENTIAL	$283,200	132 ft
3341 17TH AVE S MINNEAPOLIS MN 55407	MARIE A DENHOLM	TRIPLEX	$449,600	147 ft
3333 17TH AVE S MINNEAPOLIS MN 55407	S A MORIARITY & C MACNABB	RESIDENTIAL-TWO UNIT	$398,700	147 ft
3324 18TH AVE S MINNEAPOLIS MN 55407	K C PETERSON JR/E M FORRESTE	RESIDENTIAL-TWO UNIT	$412,100	155 ft
3337 18TH AVE S MINNEAPOLIS MN 55407	AANDRA ERIKSON	RESIDENTIAL	$232,400	157 ft
1711 34TH ST E MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	—	$156,100	161 ft
3337 17TH AVE S MINNEAPOLIS MN 55407	ADAM SEXTON & KATE RODAHL	RESIDENTIAL	$132,600	163 ft

Property History

Current Tax Year

Year2026

Tax Due$4,729