4321 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824410130

Property Overview

Parcel ID1102824410130

Lot Size5,219 sq ft (0.120 ac)

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

Year Built1925

Property ClassRESIDENTIAL

OwnerH E BARROWS & B H BARROWS

Assessed Value$388,400

Land Value$144,000

Building Value$244,400

Annual Tax$5,828

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $78K total declared value · Most recent: Feb 2022 (existres)

ExistresFeb 2022Closed

Pronto Heating & Air Conditioning Inc

ResJul 2021Closed

Gust Plumbing Inc

ExistresJun 2021Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

AdditionMay 2021Closed

$75K

METAMORPHOSIS GROUP INC

ResMar 2019Closed

WOODLAND STOVES & FIREPLACES

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
4325 18TH AVE S MINNEAPOLIS MN 55407	M J SKINNER & J E SKINNER	RESIDENTIAL	$361,900	42 ft
4317 18TH AVE S MINNEAPOLIS MN 55407	SUSAN W MCGUIRE	RESIDENTIAL	$293,200	43 ft
4329 18TH AVE S MINNEAPOLIS MN 55407	MEGAN STURTZ & ADAM STURTZ	RESIDENTIAL	$409,500	85 ft
4315 18TH AVE S MINNEAPOLIS MN 55407	ANDREW D HOEVELER	RESIDENTIAL	$389,200	85 ft
4333 18TH AVE S MINNEAPOLIS MN 55407	ASHAY RANE & KELLY HANNER	RESIDENTIAL	$452,100	128 ft
4309 18TH AVE S MINNEAPOLIS MN 55407	JENNIFER L WALTOS	RESIDENTIAL	$376,900	128 ft
4320 CEDAR AVE S MINNEAPOLIS MN 55407	MATTHEW KOHS	RESIDENTIAL-TWO UNIT	$372,300	136 ft
4316 CEDAR AVE S MINNEAPOLIS MN 55407	B A ONWARD & B K C ONWARD	RESIDENTIAL-TWO UNIT	$363,800	143 ft
4324 CEDAR AVE S MINNEAPOLIS MN 55407	MICHAEL BURR	RESIDENTIAL-TWO UNIT	$362,900	143 ft
4312 CEDAR AVE S MINNEAPOLIS MN 55407	LINDSAY A AARSETH	RESIDENTIAL-TWO UNIT	$359,600	160 ft

Property History

Most Recent Sale

Date200510

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,828