4231 VINCENT AVE S MINNEAPOLIS MN 55410

PID: 0802824420040

Property Overview

Parcel ID0802824420040

Lot Size8,512 sq ft (0.195 ac)

Lot Dimensions (est.)152 ft wide × 56 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerWREN WELLS/DAVID K WELLS III

Assessed Value$821,000

Land Value$418,000

Building Value$403,000

Annual Tax$15,762

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2021 · $148K total declared value · Most recent: May 2024 (res)

ResMay 2024Closed

FIRESIDE HEARTH AND HOME

ExistresMar 2023Closed

Airic's Heating & Air Conditioning Inc

ExistresMar 2023Closed

Airic's Heating & Air Conditioning Inc

ExistresDec 2022Closed

Airic's Heating & Air Conditioning Inc

ResAug 2022Expired

West Hennepin Plumbing LLC

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

Neighborhood Profile

Linden Hills · Minneapolis

Median reported rent1,434/mo

Renter-occupied58.4%

Median home value$420K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1091

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 width46 ft

Buildable depth112 ft

Area~5,150 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 5,150 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4237 VINCENT AVE S MINNEAPOLIS MN 55410	SHAKOW FAMILY TRUST	RESIDENTIAL	$1,096,800	56 ft
4227 VINCENT AVE S MINNEAPOLIS MN 55410	LISA GAIL TRNKA	RESIDENTIAL	$660,800	56 ft
4243 VINCENT AVE S MINNEAPOLIS MN 55410	JEFFREY MELLAS & LISA MELLAS	RESIDENTIAL	$1,388,300	112 ft
4221 VINCENT AVE S MINNEAPOLIS MN 55410	E N RITCHIE & J H JOHNSON	RESIDENTIAL	$598,500	112 ft
4226 UPTON AVE S MINNEAPOLIS MN 55410	CROCKETT PROPERTIES LP	RESIDENTIAL	$232,000	136 ft
4230 UPTON AVE S MINNEAPOLIS MN 55410	CROCKETT PROPERTIES LP	APARTMENT	$1,694,000	152 ft
4242 UPTON AVE S MINNEAPOLIS MN 55410	F S A UNLIMITED LLC	LAND-COMMERCIAL	$176,700	157 ft
4247 VINCENT AVE S MINNEAPOLIS MN 55410	DAVID MYERS & JUDY MYERS	RESIDENTIAL	$803,200	168 ft
4217 VINCENT AVE S MINNEAPOLIS MN 55410	CAROL M WHITE	RESIDENTIAL	$597,500	168 ft
4236 UPTON AVE S MINNEAPOLIS MN 55410	JOY JOYCE LLC	CONDOMINIUM	$182,500	177 ft

Property History

Most Recent Sale

Date202501

Price$950,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$15,762