4333 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824410127

Property Overview

Parcel ID1102824410127

Lot Size5,219 sq ft (0.120 ac)

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

Year Built1952

Property ClassRESIDENTIAL

OwnerASHAY RANE & KELLY HANNER

Assessed Value$452,100

Land Value$144,000

Building Value$308,100

Annual Tax$6,890

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2019 · $32K total declared value · Most recent: Jul 2024 (res)

ResJul 2024Expired

Warners Stellian Co Inc

AdditionJun 2024Final Inspection

$5K

CUSTOM CONSTRUCTION SERVICES LLC

ExistresMay 2023Closed

McQuillan Bros Plumbing Heating & AC LLC

RemodelNov 2022Closed

$25K

Ireland Homes SF X LLC

ExistresOct 2022Closed

All Climate Mechanical LLC

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth81 ft

Area~2,690 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 2,690 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4337 18TH AVE S MINNEAPOLIS MN 55407	REBECCA A ZUBICK LIV TRUST	RESIDENTIAL	$324,200	42 ft
4329 18TH AVE S MINNEAPOLIS MN 55407	MEGAN STURTZ & ADAM STURTZ	RESIDENTIAL	$409,500	43 ft
4341 18TH AVE S MINNEAPOLIS MN 55407	MARK D KRAUSE	RESIDENTIAL	$420,700	85 ft
4325 18TH AVE S MINNEAPOLIS MN 55407	M J SKINNER & J E SKINNER	RESIDENTIAL	$361,900	85 ft
4345 18TH AVE S MINNEAPOLIS MN 55407	K L GRAY & Y R GRIFFEA-GRAY	RESIDENTIAL	$424,700	127 ft
4321 18TH AVE S MINNEAPOLIS MN 55407	H E BARROWS & B H BARROWS	RESIDENTIAL	$388,400	128 ft
4332 CEDAR AVE S MINNEAPOLIS MN 55407	GLADSTON TAYLOR	TRIPLEX	$565,400	136 ft
4328 CEDAR AVE S MINNEAPOLIS MN 55407	CHRISTOPHER YOTTER	RESIDENTIAL-TWO UNIT	$355,900	143 ft
4340 CEDAR AVE S MINNEAPOLIS MN 55407	LM & CB HOLDINGS LLC	APARTMENT	$897,000	158 ft
4324 CEDAR AVE S MINNEAPOLIS MN 55407	MICHAEL BURR	RESIDENTIAL-TWO UNIT	$362,900	161 ft

Property History

Most Recent Sale

Date202303

Price$451,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,890