3744 18TH AVE S MINNEAPOLIS MN 55407

PID: 0202824440128

Property Overview

Parcel ID0202824440128

Lot Size4,900 sq ft (0.112 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerO DEGRUCHY & J DEGRUCHY

Assessed Value$200,000

Land Value$90,000

Building Value$110,000

Annual Tax$2,686

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $6K total declared value · Most recent: Dec 2022 (existres)

ExistresDec 2022Closed

Centraire Heating & Air Conditioning LLC

RemodelFeb 2022Closed

$2K

AMERICAN WATERWORKS

MiscAug 2021Closed

$5K

UNGERMAN INC

ResDec 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 rent1,384/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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,474 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 2,474 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
3740 18TH AVE S MINNEAPOLIS MN 55407	MARIA B DOLL	RESIDENTIAL	$221,600	40 ft
3748 18TH AVE S MINNEAPOLIS MN 55407	T T PETRUS & C A PETRUS	RESIDENTIAL	$207,700	40 ft
3736 18TH AVE S MINNEAPOLIS MN 55407	ERNESTINE SINGHROY	RESIDENTIAL	$184,100	80 ft
3752 18TH AVE S MINNEAPOLIS MN 55407	UTTER WOLETZ FAMILY TRUST	APARTMENT	$454,000	80 ft
3732 18TH AVE S MINNEAPOLIS MN 55407	JAMES R DUNN	RESIDENTIAL	$222,900	120 ft
3756 18TH AVE S MINNEAPOLIS MN 55407	RICHARD C BROWN ET AL	APARTMENT	$454,000	120 ft
3741 17TH AVE S MINNEAPOLIS MN 55407	JEFFERY ORTH	RESIDENTIAL	$370,300	139 ft
3751 17TH AVE S MINNEAPOLIS MN 55407	SECOND HOME ADULT DY CTR LLC	COMMERCIAL-PREFERRED	$870,500	148 ft
3737 17TH AVE S MINNEAPOLIS MN 55407	N C VEZZETTI REV LIVING TR	RESIDENTIAL-TWO UNIT	$367,900	156 ft
3730 18TH AVE S MINNEAPOLIS MN 55407	J GINSBERG & T TESKE	RESIDENTIAL	$436,100	160 ft

Property History

Most Recent Sale

Date202109

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,686