4101 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824140109

Property Overview

Parcel ID1102824140109

Lot Size4,485 sq ft (0.103 ac)

Lot Dimensions (est.)71 ft wide × 63 ft deep

Year Built1936

Property ClassRESIDENTIAL

OwnerTHOMAS G KING & JULIE KING

Assessed Value$276,100

Land Value$93,000

Building Value$183,100

Annual Tax$3,954

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $14K total declared value · Most recent: Sep 2023 (res)

ResSep 2023Closed

CenterPoint Energy Resource Corp

ResMay 2023Closed

SODERLIN PLUMBING HEATING AND AIR

RemodelJun 2022Closed

$8K

Thomas King

ExistresJun 2022Closed

Thomas King

MiscNov 2018Closed

$5K

CUSTOM REMODELERS 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$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 width58 ft

Buildable depth23 ft

Area~1,553 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 1,553 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4107 18TH AVE S MINNEAPOLIS MN 55407	V OLIVEIRO/K QUISENBERRY	RESIDENTIAL	$222,800	58 ft
1809 41ST ST E MINNEAPOLIS MN 55407	MAU DUY LE ET AL	RESIDENTIAL	$197,500	61 ft
4111 18TH AVE S MINNEAPOLIS MN 55407	MATTHEW THOMAS WEINBERG	RESIDENTIAL	$370,400	95 ft
4053 18TH AVE S MINNEAPOLIS MN 55407	ERIC L SPRANKLE	RESIDENTIAL	$267,700	117 ft
4100 18TH AVE S MINNEAPOLIS MN 55407	MEGHAN BERG	RESIDENTIAL	$319,000	132 ft
1810 41ST ST E MINNEAPOLIS MN 55407	P HUTCHESON & E BOYUM	RESIDENTIAL	$186,700	132 ft
4115 18TH AVE S MINNEAPOLIS MN 55407	FREEBERG LIVING TURST	RESIDENTIAL	$311,200	134 ft
1815 41ST ST E MINNEAPOLIS MN 55407	B ARMITAGE HLDNS LLC ET AL	COMMERCIAL-PREFERRED	$685,000	161 ft
4106 18TH AVE S MINNEAPOLIS MN 55407	JOHN H MESKILL	RESIDENTIAL	$322,700	163 ft
4049 18TH AVE S MINNEAPOLIS MN 55407	B S PETERMEIER ET AL	RESIDENTIAL	$295,800	171 ft

Property History

Most Recent Sale

Date201803

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,954