2646 MONROE ST N E MINNEAPOLIS MN 55418

PID: 1102924130006

Property Overview

Parcel ID1102924130006

Lot Size4,991 sq ft (0.115 ac)

Lot Dimensions (est.)104 ft wide × 48 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerPAUL HACKBARTH

Assessed Value$243,400

Land Value$101,000

Building Value$142,400

Annual Tax$3,423

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,204/mo

Renter-occupied56.0%

Median home value$293K

Vacancy rate8.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1018

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

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 width94 ft

Buildable depth8 ft

Area~2,432 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 2,432 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2650 MONROE ST N E MINNEAPOLIS MN 55418	JEFFREY ZACHER	RESIDENTIAL	$214,900	48 ft
2642 MONROE ST N E MINNEAPOLIS MN 55418	THOMAS E GENRICH	RESIDENTIAL	$228,800	48 ft
2654 MONROE ST N E MINNEAPOLIS MN 55418	MEGGAN MCCANN/DONG YING PAI	RESIDENTIAL	$257,100	96 ft
2638 MONROE ST N E MINNEAPOLIS MN 55418	TINA PEARSON	RESIDENTIAL	$242,600	96 ft
2634 MONROE ST N E MINNEAPOLIS MN 55418	SALLY L PALM	RESIDENTIAL	$285,800	145 ft
2646 HOWARD ST N E MINNEAPOLIS MN 55418	G & M PAMPUCH	RESIDENTIAL	$230,000	176 ft
2650 HOWARD ST N E MINNEAPOLIS MN 55418	KATHERINE M YOUNG/MOLLY YAPP	RESIDENTIAL	$253,000	182 ft
2642 HOWARD ST N E MINNEAPOLIS MN 55418	DAVID C WESTCOTT	RESIDENTIAL	$235,100	182 ft
2643 MONROE ST N E MINNEAPOLIS MN 55418	JOEL KENNETH PIEPER	RESIDENTIAL	$274,500	190 ft
2630 MONROE ST N E MINNEAPOLIS MN 55418	DIANE C LUCAS	RESIDENTIAL	$290,300	194 ft

Property History

Most Recent Sale

Date202107

Price$295,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,423