4001 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824140075

Property Overview

Parcel ID1102824140075

Lot Size4,454 sq ft (0.102 ac)

Lot Dimensions (est.)121 ft wide × 37 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerTARA LINDAHL

Assessed Value$277,700

Land Value$95,000

Building Value$182,700

Annual Tax$3,981

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2020 · $5K total declared value · Most recent: Apr 2021 (existres)

ExistresApr 2021Closed

PMR Mechanical, Inc.

MiscSep 2020Closed

$5K

LOURDES ORTIZ

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

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width108 ft

Buildable depth0 ft

Area~1,928 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,928 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
4005 18TH AVE S MINNEAPOLIS MN 55407	CHERI L HECOX	RESIDENTIAL	$304,800	51 ft
3951 18TH AVE S MINNEAPOLIS MN 55407	WILLIAM A THOMPSON	RESIDENTIAL	$299,800	106 ft
4011 18TH AVE S MINNEAPOLIS MN 55407	TIMOTHY PAUL NELSON	RESIDENTIAL	$374,400	117 ft
4000 CEDAR AVE S MINNEAPOLIS MN 55407	DANNY THOMPSON	RESIDENTIAL-TWO UNIT	$342,300	135 ft
4004 CEDAR AVE S MINNEAPOLIS MN 55407	E MEYERS & G F MEYERS	RESIDENTIAL	$435,100	141 ft
3947 18TH AVE S MINNEAPOLIS MN 55407	M MCCULLOUGH & K MCCULLOUGH	RESIDENTIAL	$359,700	148 ft
4008 CEDAR AVE S MINNEAPOLIS MN 55407	JEREMIAH K/KRISTINE M SMITH	RESIDENTIAL	$255,100	158 ft
3948 CEDAR AVE S MINNEAPOLIS MN 55407	M A MILLER & A A SCHULTE	RESIDENTIAL-TWO UNIT	$354,300	170 ft
4000 18TH AVE S MINNEAPOLIS MN 55407	T NATWICK & F BURRUSS	RESIDENTIAL	$428,500	181 ft
4017 18TH AVE S MINNEAPOLIS MN 55407	JILL A JACOBY	RESIDENTIAL-TWO UNIT	$463,100	184 ft

Property History

Most Recent Sale

Date202105

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,981