3907 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824110146

Property Overview

Parcel ID1102824110146

Lot Size4,908 sq ft (0.113 ac)

Lot Dimensions (est.)122 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerMARY T DURAND

Assessed Value$282,000

Land Value$100,000

Building Value$182,000

Annual Tax$4,052

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2023 · $53K total declared value · Most recent: Jun 2025 (existres)

ExistresJun 2025Closed

Home Energy Center Inc

RemodelDec 2024Closed

$22K

PRINCEWORKS, LLC

ExistresDec 2024Closed

$1K

Flare Heating & Air Conditioning, Inc.

ResNov 2024Closed

Farr Plumbing and Heating LLC

MiscApr 2024Closed

$11K

PROMINENT CONSTRUCTION LLC

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$335K-6.9% YoY

Median price / sqft$215/sqft

Median days to close18 days

Active listings78

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 width30 ft

Buildable depth83 ft

Area~2,480 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 2,480 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
3911 18TH AVE S MINNEAPOLIS MN 55407	WILLIAM F FORTNER III	RESIDENTIAL	$292,800	40 ft
3905 18TH AVE S MINNEAPOLIS MN 55407	WENDY S MILLER	RESIDENTIAL	$292,800	40 ft
3915 18TH AVE S MINNEAPOLIS MN 55407	THOMAS ARBUCKLE	RESIDENTIAL	$159,800	80 ft
3901 18TH AVE S MINNEAPOLIS MN 55407	CLAIRE LOUISE JOHNSTON	RESIDENTIAL	$280,700	80 ft
3921 18TH AVE S MINNEAPOLIS MN 55407	DANIEL GUNNER/DAVID D GUNNER	RESIDENTIAL	$297,800	120 ft
3908 CEDAR AVE S MINNEAPOLIS MN 55407	FELICIANO QUIZHPI GRANDA	RESIDENTIAL	$229,700	134 ft
3910 CEDAR AVE S MINNEAPOLIS MN 55407	ELVIA D LEMA LEMA	RESIDENTIAL-TWO UNIT	$320,000	139 ft
3902 CEDAR AVE S MINNEAPOLIS MN 55407	BRENDA PAUL & PETE RATHJEN	RESIDENTIAL	$451,700	142 ft
3914 CEDAR AVE S MINNEAPOLIS MN 55407	DANIEL HILLS & KARIN HILLS	RESIDENTIAL	$278,100	154 ft
3900 CEDAR AVE S MINNEAPOLIS MN 55407	PETER RATHJEN & BRENDA PAUL	RESIDENTIAL	$320,000	158 ft

Property History

Most Recent Sale

Date200201

Price$149,900

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,052