2551 MADISON ST N E MINNEAPOLIS MN 55418

PID: 1102924130086· 1 field stubbed (see below)

Property Overview

Parcel ID1102924130086

Lot Size5,549 sq ft (0.127 ac)

Lot Dimensions (est.)116 ft wide × 48 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerF KELLOGG & S GHANATABADI

Assessed Value$239,200

Land Value$125,000

Building Value$114,200

Annual Tax$3,608

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

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

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Most Recent Sale

Date201907

Price$223,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,608

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2547 MADISON ST N E MINNEAPOLIS MN 55418	KELSEY OLSON/DAVID FROHLICH	RESIDENTIAL	$245,100	47 ft
2543 MADISON ST N E MINNEAPOLIS MN 55418	GREGORY B WHITTLE	RESIDENTIAL	$236,000	93 ft
2601 MADISON ST N E MINNEAPOLIS MN 55418	RICHARD ALLEN HIME	RESIDENTIAL	$289,600	99 ft
2550 HOWARD ST N E MINNEAPOLIS MN 55418	JEFFREY DAHLEN	RESIDENTIAL	$242,200	130 ft
2603 MADISON ST N E MINNEAPOLIS MN 55418	MARTINA M PRIADKA	RESIDENTIAL	$313,500	134 ft
2546 HOWARD ST N E MINNEAPOLIS MN 55418	SARAH CROTEAU	RESIDENTIAL	$241,200	138 ft
2539 MADISON ST N E MINNEAPOLIS MN 55418	ANNA LEIGH HEITZ	RESIDENTIAL	$246,400	139 ft
2542 HOWARD ST N E MINNEAPOLIS MN 55418	MARIA E MATUTE	RESIDENTIAL	$237,900	160 ft
2611 MADISON ST N E MINNEAPOLIS MN 55418	D N GRANDY & A M GRANDY	RESIDENTIAL	$319,700	174 ft
687 26TH AVE N E MINNEAPOLIS MN 55418	M JOHNSON & R D COCKER	RESIDENTIAL	$313,500	177 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.