3833 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824110132

Property Overview

Parcel ID1102824110132

Lot Size5,025 sq ft (0.115 ac)

Lot Dimensions (est.)122 ft wide × 41 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerMALAIKA HANKINS/KENNETH EBAN

Assessed Value$493,900

Land Value$101,000

Building Value$392,900

Annual Tax$7,587

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2001 · $135K total declared value · Most recent: May 2023 (misc)

MiscMay 2023Closed

$13K

Handyman Connection of Eden Prairie

ResDec 2022Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ExistresDec 2022Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

RemodelOct 2020Closed

$8K

Perry and Horton Construction INC

ExistresOct 2020Closed

MESPO HEATING AND COOLING INC

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

Neighborhood Profile

Bancroft · Minneapolis

Median reported rent1,159/mo

Renter-occupied26.1%

Median home value$309K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1101

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

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 width31 ft

Buildable depth83 ft

Area~2,559 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 2,559 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3829 18TH AVE S MINNEAPOLIS MN 55407	TEZRA OSTHUS & SCOTT OSTHUS	RESIDENTIAL	$227,000	41 ft
3837 18TH AVE S MINNEAPOLIS MN 55407	J J SCHUERMAN JR/J M FOLINA	RESIDENTIAL	$377,800	52 ft
3825 18TH AVE S MINNEAPOLIS MN 55407	CHRISTINA JENNINGS	RESIDENTIAL	$335,900	81 ft
3841 18TH AVE S MINNEAPOLIS MN 55407	STEVEN HIEN TRAN TRUST	RESIDENTIAL	$385,900	107 ft
3821 18TH AVE S MINNEAPOLIS MN 55407	D A ANDERSON & J ANDERSON	RESIDENTIAL	$257,900	124 ft
3832 CEDAR AVE S MINNEAPOLIS MN 55407	DARNELL LOGAN	RESIDENTIAL-TWO UNIT	$350,800	135 ft
3828 CEDAR AVE S MINNEAPOLIS MN 55407	MIKE TRUNG NGUYEN	RESIDENTIAL	$271,700	138 ft
3836 CEDAR AVE S MINNEAPOLIS MN 55407	MARGIE DAINO	RESIDENTIAL	$253,200	148 ft
3845 18TH AVE S MINNEAPOLIS MN 55407	CAROLE A OINONEN	RESIDENTIAL	$279,100	154 ft
3824 CEDAR AVE S MINNEAPOLIS MN 55407	V C LUCERO & G M GALINDO	RESIDENTIAL	$221,800	155 ft

Property History

Most Recent Sale

Date201908

Price$420,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,587