4353 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824410122

Property Overview

Parcel ID1102824410122

Lot Size5,219 sq ft (0.120 ac)

Lot Dimensions (est.)123 ft wide × 43 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerA P IHRIG & S C IHRIG

Assessed Value$335,800

Land Value$144,000

Building Value$191,800

Annual Tax$4,951

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $7K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

MN Plumbing & Home Services INC

ExistresJan 2024Closed

Residential Heating and Air Conditioning Inc

ResSep 2019Closed

Focus Plumbing Services LLC

MiscNov 2017Closed

$7K

KREMER BROTHERS CONSTRUCTION CO

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

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,090/mo

Renter-occupied19.0%

Median home value$334K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 110

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 width110 ft

Buildable depth3 ft

Area~2,442 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 2,442 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4349 18TH AVE S MINNEAPOLIS MN 55407	E S ANDERSON & T E ANDERSON	RESIDENTIAL	$361,800	42 ft
4345 18TH AVE S MINNEAPOLIS MN 55407	K L GRAY & Y R GRIFFEA-GRAY	RESIDENTIAL	$424,700	85 ft
4401 18TH AVE S MINNEAPOLIS MN 55407	BEANE FAMILY TRUST	RESIDENTIAL	$460,200	104 ft
4341 18TH AVE S MINNEAPOLIS MN 55407	MARK D KRAUSE	RESIDENTIAL	$420,700	127 ft
4348 CEDAR AVE S MINNEAPOLIS MN 55407	4348 CEDAR AVE SOUTH LLC	APARTMENT	$1,016,000	139 ft
4405 18TH AVE S MINNEAPOLIS MN 55407	CHRISTINE ELLEN BURCH	RESIDENTIAL	$350,300	140 ft
4337 18TH AVE S MINNEAPOLIS MN 55407	REBECCA A ZUBICK LIV TRUST	RESIDENTIAL	$324,200	170 ft
4400 CEDAR AVE S MINNEAPOLIS MN 55407	WILLIAM C CARY JR	RESIDENTIAL-TWO UNIT	$402,100	178 ft
4411 18TH AVE S MINNEAPOLIS MN 55407	J L C BOSS & D A BOSS	RESIDENTIAL	$409,700	180 ft
4344 18TH AVE S MINNEAPOLIS MN 55407	LIPHRINO ALCENAT	RESIDENTIAL	$362,500	182 ft

Property History

Most Recent Sale

Date200709

Price$216,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,951