2527 7TH ST N E MINNEAPOLIS MN 55418

PID: 1102924130057

Property Overview

Parcel ID1102924130057

Lot Size4,652 sq ft (0.107 ac)

Lot Dimensions (est.)116 ft wide × 40 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerJOEL DIETERICH

Assessed Value$225,100

Land Value$97,000

Building Value$128,100

Annual Tax$3,115

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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 width30 ft

Buildable depth76 ft

Area~2,288 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 2,288 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2531 7TH ST N E MINNEAPOLIS MN 55418	SHANNON N PASTUSZAK	RESIDENTIAL	$197,000	40 ft
2523 7TH ST N E MINNEAPOLIS MN 55418	GARY R NEIL & ANGELA L NEIL	RESIDENTIAL	$347,400	43 ft
2535 7TH ST N E MINNEAPOLIS MN 55418	LUIS ZHAGUI-PINTADO	RESIDENTIAL	$252,800	80 ft
2519 7TH ST N E MINNEAPOLIS MN 55418	DARLA JEAN KRUTZIG	RESIDENTIAL	$317,900	115 ft
2539 7TH ST N E MINNEAPOLIS MN 55418	T I BRAUN & J M BRAUN	RESIDENTIAL	$233,400	120 ft
2526 WASHINGTON ST N E MINNEAPOLIS MN 55418	TRENTON J REHBERGER	RESIDENTIAL	$303,800	130 ft
2522 WASHINGTON ST N E MINNEAPOLIS MN 55418	D D ARSENEAU & C A ARSENEAU	RESIDENTIAL	$307,800	137 ft
2530 WASHINGTON ST N E MINNEAPOLIS MN 55418	DEEQ ALI NUR	RESIDENTIAL	$335,300	139 ft
2518 WASHINGTON ST N E MINNEAPOLIS MN 55418	DIRBWERK A YIMER	RESIDENTIAL	$311,000	158 ft
2543 7TH ST N E MINNEAPOLIS MN 55418	M & C STANDAL	RESIDENTIAL	$278,900	160 ft

Property History

Most Recent Sale

Date202309

Price$272,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,115