3637 18TH AVE S MINNEAPOLIS MN 55407

PID: 0202824440019

Property Overview

Parcel ID0202824440019

Lot Size4,929 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerPRIOLO FAMILY TRUST

Assessed Value$235,500

Land Value$90,000

Building Value$145,500

Annual Tax$3,532

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2022 · $26K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$4K

ADVANTAGE CONSTRUCTION

ResFeb 2024Closed

SODERLIN PLUMBING HEATING AND AIR

MiscJun 2023Closed

$4K

WINDOW WORLD

MiscOct 2022Closed

$10K

Options Exteriors

MiscOct 2022Closed

$8K

Options Exteriors

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

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,384/mo

Renter-occupied31.1%

Median home value$271K

Vacancy rate4.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1097

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 width30 ft

Buildable depth83 ft

Area~2,496 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 2,496 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3641 18TH AVE S MINNEAPOLIS MN 55407	C KULZER & TASHA NOVOTNY	RESIDENTIAL	$378,500	40 ft
3633 18TH AVE S MINNEAPOLIS MN 55407	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	40 ft
3645 18TH AVE S MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	—	$237,100	80 ft
3629 18TH AVE S MINNEAPOLIS MN 55407	HEATHER HAUCK & EDWARD HAUCK	RESIDENTIAL	$276,100	80 ft
3649 18TH AVE S MINNEAPOLIS MN 55407	GINA RUSSELL DELCORAZON	RESIDENTIAL	$344,900	120 ft
3625 18TH AVE S MINNEAPOLIS MN 55407	GERIANNE SALONE NIENOW	RESIDENTIAL	$324,300	120 ft
3636 CEDAR AVE S MINNEAPOLIS MN 55407	K&S PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$307,900	135 ft
3632 CEDAR AVE S MINNEAPOLIS MN 55407	M A S MIRANDA & P C BRUNO	RESIDENTIAL	$300,100	140 ft
3640 CEDAR AVE S MINNEAPOLIS MN 55407	MORRIS PROPERTIES LEGACY	RESIDENTIAL-TWO UNIT	$312,400	141 ft
3628 CEDAR AVE S MINNEAPOLIS MN 55407	VICKI C HOLLER	RESIDENTIAL	$204,000	156 ft

Property History

Most Recent Sale

Date198911

Price$56,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,532