2306 TAFT ST N E MINNEAPOLIS MN 55418

PID: 0702923320118

Property Overview

Parcel ID0702923320118

Lot Size6,676 sq ft (0.153 ac)

Lot Dimensions (est.)122 ft wide × 55 ft deep

Year Built1940

Property ClassRESIDENTIAL

OwnerMELISSA HEINEN & E HEINEN

Assessed Value$447,100

Land Value$129,000

Building Value$318,100

Annual Tax$6,921

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2018 · $60K total declared value · Most recent: Aug 2025 (remodel)

RemodelAug 2025Closed

$14K

Three Rivers Contracting LLC

ExistresMar 2025Closed

FIRESIDE HEARTH AND HOME

ExistresJun 2024Closed

STAFFORD HOME SERVICE

RemodelJan 2024Closed

$12K

Field Outdoor Spaces

MiscOct 2022Closed

$32K

Premier Roofing Inc

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

Neighborhood Profile

Windom Park · 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 width45 ft

Buildable depth81 ft

Area~3,669 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 3,669 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2300 TAFT ST N E MINNEAPOLIS MN 55418	VICKI CHRISTENSEN	RESIDENTIAL	$420,000	54 ft
2310 TAFT ST N E MINNEAPOLIS MN 55418	JACK LANGER & SHELBY LANGER	RESIDENTIAL	$462,100	55 ft
2314 TAFT ST N E MINNEAPOLIS MN 55418	JULIE ANN ALLEN	RESIDENTIAL	$426,000	109 ft
2307 ROOSEVELT ST N E MINNEAPOLIS MN 55418	C P MALBARI & B A OLSON	RESIDENTIAL	$533,700	136 ft
2311 ROOSEVELT ST N E MINNEAPOLIS MN 55418	DENNIS A FELICETTA	RESIDENTIAL	$358,000	146 ft
2301 ROOSEVELT ST N E MINNEAPOLIS MN 55418	KRISTY L SWANSON	RESIDENTIAL	$372,700	147 ft
2318 TAFT ST N E MINNEAPOLIS MN 55418	M M MURRAY & M W MURRAY	RESIDENTIAL	$449,400	164 ft
2242 TAFT ST N E MINNEAPOLIS MN 55418	PATRICIA ANN MONAHAN	RESIDENTIAL	$403,000	169 ft
2305 TAFT ST N E MINNEAPOLIS MN 55418	J J KING & L C CAYERE-KING	RESIDENTIAL	$535,000	173 ft
2315 ROOSEVELT ST N E MINNEAPOLIS MN 55418	DANIEL A CHRISTIANS	RESIDENTIAL	$362,700	173 ft

Property History

Most Recent Sale

Date201802

Price$350,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,921