3725 18TH AVE S MINNEAPOLIS MN 55407

PID: 0202824440167

Property Overview

Parcel ID0202824440167

Lot Size4,909 sq ft (0.113 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerC T V SHARPE & D C CASTANEDA

Assessed Value$351,500

Land Value$90,000

Building Value$261,500

Annual Tax$5,467

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $194K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Final Inspection

$12K

BUILT STRONG EXTERIORS LLC

ResJan 2020Closed

First Choice Plumbing & Heating LLC

TempheatJan 2020Closed

Perfection Heating and Air Conditioning Inc

ResJan 2020Closed

Perfection Heating and Air Conditioning Inc

ExistresNov 2019Closed

Perfection Heating and Air Conditioning 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,481 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 2,481 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
3731 18TH AVE S MINNEAPOLIS MN 55407	DEBORAH J DUBOIS	RESIDENTIAL	$218,200	40 ft
3721 18TH AVE S MINNEAPOLIS MN 55407	MACKENZIE ENGEL	RESIDENTIAL	$230,700	40 ft
3733 18TH AVE S MINNEAPOLIS MN 55407	MARY COMFORT	RESIDENTIAL	$265,100	80 ft
3717 18TH AVE S MINNEAPOLIS MN 55407	ADAM CHARTRAND	RESIDENTIAL	$242,200	80 ft
3737 18TH AVE S MINNEAPOLIS MN 55407	SUSAN B LEVY	RESIDENTIAL	$349,300	120 ft
3715 18TH AVE S MINNEAPOLIS MN 55407	J E DICKENSON/L A DICKENSON	RESIDENTIAL	$249,000	120 ft
3724 CEDAR AVE S MINNEAPOLIS MN 55407	E MCCORMICK & SARAH WALKER	RESIDENTIAL	$239,400	135 ft
3720 CEDAR AVE S MINNEAPOLIS MN 55407	RONALD BRENT WEBB/NORA WEBB	APARTMENT	$447,000	140 ft
3728 CEDAR AVE S MINNEAPOLIS MN 55407	M A FISSEL & G REYES	RESIDENTIAL	$204,800	141 ft
3732 CEDAR AVE S MINNEAPOLIS MN 55407	J E PARHAM & M F PARHAM	RESIDENTIAL	$278,900	157 ft

Property History

Most Recent Sale

Date202104

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,467