2333 GRAND ST N E MINNEAPOLIS MN 55418

PID: 1002924410107

Property Overview

Parcel ID1002924410107

Lot Size4,769 sq ft (0.109 ac)

Lot Dimensions (est.)119 ft wide × 40 ft deep

Year Built1906

Property ClassRESIDENTIAL-TWO UNIT

OwnerJOHN B VISEL

Assessed Value$324,500

Land Value$102,000

Building Value$222,500

Annual Tax$6,162

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

4 permits on record since 2023 · Most recent: Apr 2023 (res)

ResApr 2023Closed

Ron the Sewer Rat Inc

ResMar 2023Closed

Ron the Sewer Rat Inc

ResJan 2023Closed

CenterPoint Energy Resource Corp

ResJan 2023Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Minneapolis

Median reported rent1,578/mo

Renter-occupied61.3%

Median home value$320K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 17

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 width30 ft

Buildable depth79 ft

Area~2,375 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 2,375 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2329 GRAND ST N E MINNEAPOLIS MN 55418	NICHOLAS J JANOWIEC	RESIDENTIAL-ZERO LOT LINE	$200,400	30 ft
2401 GRAND ST N E MINNEAPOLIS MN 55418	JOSEPH N FROST	RESIDENTIAL	$257,900	40 ft
2327 GRAND ST N E MINNEAPOLIS MN 55418	N JANOWIEC & C OLIN	RESIDENTIAL-ZERO LOT LINE	$200,300	50 ft
2405 GRAND ST N E MINNEAPOLIS MN 55418	SAADAT ALI	RESIDENTIAL-TWO UNIT	$364,000	80 ft
2323 GRAND ST N E MINNEAPOLIS MN 55418	NATHAN L FLUEGGE RV TR ET AL	RESIDENTIAL-TWO UNIT	$311,900	80 ft
2319 GRAND ST N E MINNEAPOLIS MN 55418	MITCHELL SAMUELSON	RESIDENTIAL	$382,000	120 ft
2411 GRAND ST N E MINNEAPOLIS MN 55418	PHOEBE TREPP & JILL DAVIS	RESIDENTIAL	$323,300	120 ft
2332 CALIFORNIA ST N E MINNEAPOLIS MN 55418	DONRETHA B JOHNSON-MUNICH	RESIDENTIAL	$201,900	133 ft
2400 CALIFORNIA ST N E MINNEAPOLIS MN 55418	MARY JO JENSEN/BRUCE JENSEN	RESIDENTIAL	$250,300	139 ft
2328 CALIFORNIA ST N E MINNEAPOLIS MN 55418	L MCGOWAN & C TREEBY	RESIDENTIAL	$325,200	139 ft

Property History

Most Recent Sale

Date202107

Price$365,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,162