15 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1002924410173

Property Overview

Parcel ID1002924410173

Lot Size9,046 sq ft (0.208 ac)

Lot Dimensions (est.)143 ft wide × 63 ft deep

Year Built1997

Property ClassRESIDENTIAL

OwnerPATRICK MCNABB

Assessed Value$464,600

Land Value$119,000

Building Value$345,600

Annual Tax$7,126

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $22K total declared value · Most recent: Aug 2021 (addition)

AdditionAug 2021Closed

$22K

WVM Construction

ExistresOct 2018Closed

Ray N Welter Heating Co

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

Neighborhood Profile

Bottineau · 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width128 ft

Buildable depth23 ft

Area~2,988 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 2,988 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
2205 MARSHALL ST N E MINNEAPOLIS MN 55418	MARSHALL STREET PROPERTY LLC	RESIDENTIAL	$414,100	64 ft
27 22ND AVE N E MINNEAPOLIS MN 55418	MICHAEL L MANION	RESIDENTIAL-TWO UNIT	$362,700	113 ft
2213 MARSHALL ST N E MINNEAPOLIS MN 55418	N SYNHAVSKY & J SYNHAVSKY	VACANT LAND-RESIDENTIAL	$109,000	121 ft
2133 MARSHALL ST N E MINNEAPOLIS MN 55418	R B FENTON & M K SLAYHI	RESIDENTIAL-TWO UNIT	$302,700	121 ft
22 22ND AVE N E MINNEAPOLIS MN 55418	RICHARD BROOKE FENTON	RESIDENTIAL	$144,000	126 ft
29 22ND AVE N E MINNEAPOLIS MN 55418	JOHN MERTH & LORI BONA	RESIDENTIAL	$246,000	150 ft
2131 MARSHALL ST N E MINNEAPOLIS MN 55418	ASTROHOUSE LLC	LOW INCOME RENTAL	$304,900	158 ft
2217 MARSHALL ST N E MINNEAPOLIS MN 55418	JAMIE STEWARD	RESIDENTIAL	$256,000	171 ft
31 22ND AVE N E MINNEAPOLIS MN 55418	TEATHLOACH G PAL/RUBI M PAL	RESIDENTIAL	$165,800	182 ft
26 22ND AVE N E MINNEAPOLIS MN 55418	B SEIFFERT/C SEIFFERT ET AL	RESIDENTIAL-TWO UNIT	$281,400	192 ft

Property History

Most Recent Sale

Date201609

Price$327,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,126