2522 HOWARD ST N E MINNEAPOLIS MN 55418

PID: 1102924130038

Property Overview

Parcel ID1102924130038

Lot Size4,022 sq ft (0.092 ac)

Lot Dimensions (est.)91 ft wide × 44 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerTANNER OTTO

Assessed Value$251,500

Land Value$105,000

Building Value$146,500

Annual Tax$3,964

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

2 permits on record since 2024 · $15K total declared value · Most recent: Nov 2024 (misc)

MiscNov 2024Closed

$15K

NEW LIFE CONTRACTING INC

ResOct 2024Closed

API Companies

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

Neighborhood Profile

Holland · 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 width34 ft

Buildable depth51 ft

Area~1,742 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 1,742 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2526 HOWARD ST N E MINNEAPOLIS MN 55418	SARAH WIGANT	RESIDENTIAL	$328,800	58 ft
2512 HOWARD ST N E MINNEAPOLIS MN 55418	J A BROWN & D E DEAN	RESIDENTIAL	$302,000	69 ft
2528 HOWARD ST N E MINNEAPOLIS MN 55418	MARK J & DEBORAH A FAVORITE	RESIDENTIAL-TWO UNIT	$257,700	102 ft
2523 MADISON ST N E MINNEAPOLIS MN 55418	ZOEY SLETTEHAUGH	RESIDENTIAL	$316,400	127 ft
2519 MADISON ST N E MINNEAPOLIS MN 55418	KC HOME SOLUTIONS LLC	RESIDENTIAL	$238,000	128 ft
2510 HOWARD ST N E MINNEAPOLIS MN 55418	GHOLAMREZA ASHRAFZADEHKIAN	RESIDENTIAL	$168,000	135 ft
2534 HOWARD ST N E MINNEAPOLIS MN 55418	DAVID S SNOW & JULIANN SNOW	RESIDENTIAL	$234,500	148 ft
2527 MADISON ST N E MINNEAPOLIS MN 55418	KATELIN D SUPER	RESIDENTIAL	$253,500	153 ft
2515 MADISON ST N E MINNEAPOLIS MN 55418	MARIA A YUPA	RESIDENTIAL-TWO UNIT	$388,800	164 ft
2522 MONROE ST N E MINNEAPOLIS MN 55418	JUANITA R FOSTER	RESIDENTIAL	$353,800	165 ft

Property History

Most Recent Sale

Date202404

Price$325,250

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,964