3700 18TH AVE S MINNEAPOLIS MN 55407

PID: 0202824440116

Property Overview

Parcel ID0202824440116

Lot Size2,755 sq ft (0.063 ac)

Lot Dimensions (est.)83 ft wide × 33 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerVINCENT LAPELUSA

Assessed Value$293,600

Land Value$66,000

Building Value$227,600

Annual Tax$4,391

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

1 permit on record since 2024 · Most recent: Dec 2024 (existres)

ExistresDec 2024Expired

BONFES PLUMBING HEATING AND AIR SERVICE 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 rent1,384/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

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 width70 ft

Buildable depth0 ft

Area~868 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 868 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
3704 18TH AVE S MINNEAPOLIS MN 55407	J M KENNEDY & J B KENNEDY	RESIDENTIAL	$211,200	36 ft
1715 37TH ST E MINNEAPOLIS MN 55407	CITY OF LAKES COMM LAND TRST	—	$348,000	64 ft
3708 18TH AVE S MINNEAPOLIS MN 55407	HERMES J DAVILA	RESIDENTIAL	$201,300	79 ft
3656 18TH AVE S MINNEAPOLIS MN 55407	S ROWE & C L NEUNER	RESIDENTIAL	$233,100	105 ft
3712 18TH AVE S MINNEAPOLIS MN 55407	ELIZABETH HALL/KEVIN HALL	RESIDENTIAL	$311,100	118 ft
3654 18TH AVE S MINNEAPOLIS MN 55407	ART INVESTMENT GROUP LLC	TRIPLEX	$58,900	144 ft
3701 17TH AVE S MINNEAPOLIS MN 55407	A J LUBIN & S E BAGWELL	RESIDENTIAL	$350,900	154 ft
3716 18TH AVE S MINNEAPOLIS MN 55407	MELISSA TANGYE	RESIDENTIAL	$245,300	158 ft
3705 17TH AVE S MINNEAPOLIS MN 55407	P CARLSON & R CARLSON	RESIDENTIAL	$332,900	158 ft
3701 18TH AVE S MINNEAPOLIS MN 55407	ANDRE G BURTSEV	RESIDENTIAL	$242,600	163 ft

Property History

Most Recent Sale

Date202009

Price$274,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,391