2526 MONROE ST N E MINNEAPOLIS MN 55418

PID: 1102924130064

Property Overview

Parcel ID1102924130064

Lot Size6,055 sq ft (0.139 ac)

Lot Dimensions (est.)107 ft wide × 57 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerKIMBERLY L CLARKE

Assessed Value$282,000

Land Value$130,000

Building Value$152,000

Annual Tax$4,347

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

1 permit on record since 2017 · Most recent: Dec 2017 (res)

ResDec 2017Closed

Urban Pine Plumbing and Mechanical Inc

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 width97 ft

Buildable depth17 ft

Area~3,120 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 3,120 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2530 MONROE ST N E MINNEAPOLIS MN 55418	MAY MARIE SHEASER ET AL	RESIDENTIAL-TWO UNIT	$322,300	51 ft
2522 MONROE ST N E MINNEAPOLIS MN 55418	JUANITA R FOSTER	RESIDENTIAL	$353,800	61 ft
2534 MONROE ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	97 ft
2516 MONROE ST N E MINNEAPOLIS MN 55418	NOAH R DANNER	RESIDENTIAL	$259,900	116 ft
2538 MONROE ST N E MINNEAPOLIS MN 55418	ERIK BENSON	RESIDENTIAL	$249,200	143 ft
2512 MONROE ST N E MINNEAPOLIS MN 55418	M W GREEN & C M GREEN	RESIDENTIAL	$177,000	161 ft
2522 HOWARD ST N E MINNEAPOLIS MN 55418	TANNER OTTO	RESIDENTIAL-TWO UNIT	$251,500	172 ft
2526 HOWARD ST N E MINNEAPOLIS MN 55418	SARAH WIGANT	RESIDENTIAL	$328,800	177 ft
2528 HOWARD ST N E MINNEAPOLIS MN 55418	MARK J & DEBORAH A FAVORITE	RESIDENTIAL-TWO UNIT	$257,700	184 ft
2542 MONROE ST N E MINNEAPOLIS MN 55418	LIEM T TRUONG & TAM T TRAN	RESIDENTIAL	$285,400	189 ft

Property History

Most Recent Sale

Date201203

Price$144,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,347