2227 STINSON PKWY MINNEAPOLIS MN 55418

PID: 0702923320073

Property Overview

Parcel ID0702923320073

Lot Size7,350 sq ft (0.169 ac)

Lot Dimensions (est.)122 ft wide × 60 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerERIC E SITARZ

Assessed Value$612,400

Land Value$134,000

Building Value$478,400

Annual Tax$9,875

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2021 · $110K total declared value · Most recent: Oct 2022 (res)

ResOct 2022Closed

FIRESIDE HEARTH AND HOME

RemodelAug 2022Expired

$30K

WH LAUREL REMODELING LLC

ExistresJun 2022Closed

Metro Heating & Cooling LLC

ResMay 2022Closed

Farr Plumbing and Heating LLC

ResMar 2021Closed

FIRESIDE HEARTH AND HOME

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

Neighborhood Profile

Minneapolis

Median reported rent1,181/mo

Renter-occupied31.9%

Median home value$356K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1012

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

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 width112 ft

Buildable depth20 ft

Area~1,646 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 1,646 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2223 STINSON PKWY MINNEAPOLIS MN 55418	LAURA MESSINGER/STEPHEN GUY	RESIDENTIAL	$439,800	60 ft
2231 STINSON PKWY MINNEAPOLIS MN 55418	B NASH & G CHENOWETH	RESIDENTIAL	$499,500	60 ft
2219 STINSON PKWY MINNEAPOLIS MN 55418	ANTHONY J RYAN/EMILY E RYAN	RESIDENTIAL	$511,600	120 ft
2235 STINSON PKWY MINNEAPOLIS MN 55418	CRYSTAL HOUTS REVOC TRUST	RESIDENTIAL	$402,000	120 ft
2228 ROOSEVELT ST N E MINNEAPOLIS MN 55418	M T HORNQUIST & M HORNQUIST	RESIDENTIAL	$471,100	138 ft
2232 ROOSEVELT ST N E MINNEAPOLIS MN 55418	SCOTT H BAYER/JERRIE L BAYER	RESIDENTIAL	$380,400	149 ft
2222 ROOSEVELT ST N E MINNEAPOLIS MN 55418	PAUL E COLEMAN	RESIDENTIAL	$325,900	162 ft
2239 STINSON PKWY MINNEAPOLIS MN 55418	EDWARD J RAJTAR	RESIDENTIAL	$412,900	179 ft
2215 STINSON PKWY MINNEAPOLIS MN 55418	MJF WERB FAMILY TRUST	RESIDENTIAL	$423,500	180 ft
2236 ROOSEVELT ST N E MINNEAPOLIS MN 55418	S M CAROLAN & P KUTZER	RESIDENTIAL	$392,300	187 ft

Property History

Most Recent Sale

Date202006

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,875