4545 18TH AVE S MINNEAPOLIS MN 55407

PID: 1102824440187

Property Overview

Parcel ID1102824440187

Lot Size4,917 sq ft (0.113 ac)

Lot Dimensions (est.)123 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerKEATON DUERSCH ET AL

Assessed Value$375,600

Land Value$138,000

Building Value$237,600

Annual Tax$5,792

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $34K total declared value · Most recent: Apr 2023 (remodel)

RemodelApr 2023Expired

$17K

DBS RESIDENTIAL SOLUTIONS INC

MiscOct 2021Closed

$5K

CRAFTSMEN HOME IMPROVEMENT INC

ExistresJul 2021Closed

Blue Ox Heating and Air LLC

MiscJun 2021Closed

$12K

RENEWAL BY ANDERSEN CORP

ExistresJan 2017Closed

CENTERPOINT ENERGY

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth83 ft

Area~2,487 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 2,487 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4549 18TH AVE S MINNEAPOLIS MN 55407	JOHN SULLIVAN	RESIDENTIAL	$326,300	40 ft
4541 18TH AVE S MINNEAPOLIS MN 55407	MICHAEL L DAHLSTEN	RESIDENTIAL	$361,900	40 ft
4553 18TH AVE S MINNEAPOLIS MN 55407	RICHARD A PETERSON	RESIDENTIAL	$339,100	80 ft
4537 18TH AVE S MINNEAPOLIS MN 55407	E JOHNSON & A M BEEDY	RESIDENTIAL	$332,200	80 ft
4557 18TH AVE S MINNEAPOLIS MN 55407	CHRISTOPHER DRELLING	RESIDENTIAL	$461,300	120 ft
4531 18TH AVE S MINNEAPOLIS MN 55407	C S BECKER & T A BECKER	RESIDENTIAL	$413,500	130 ft
4544 CEDAR AVE S MINNEAPOLIS MN 55407	ARIS TEKIRDAGLIS REV TRUST	RESIDENTIAL-TWO UNIT	$326,100	137 ft
4540 CEDAR AVE S MINNEAPOLIS MN 55407	ADAM NAFZIGER & N F NATZIGER	RESIDENTIAL-TWO UNIT	$390,000	142 ft
4548 CEDAR AVE S MINNEAPOLIS MN 55407	DEBORAH SCHMIDT	RESIDENTIAL-TWO UNIT	$387,400	142 ft
4536 CEDAR AVE S MINNEAPOLIS MN 55407	DANIEL M MIRANOWSKI	RESIDENTIAL-TWO UNIT	$342,500	158 ft

Property History

Most Recent Sale

Date202210

Price$375,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,792