2546 MADISON ST N E MINNEAPOLIS MN 55418

PID: 1102924130089

Property Overview

Parcel ID1102924130089

Lot Size5,673 sq ft (0.130 ac)

Lot Dimensions (est.)123 ft wide × 46 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerHALLIE LYNN STEVENS

Assessed Value$309,700

Land Value$127,000

Building Value$182,700

Annual Tax$4,793

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $625 total declared value · Most recent: Jul 2025 (res)

ResJul 2025Inspection

Northern's Benjamin Franklin Plumbing

MiscDec 2023Expired

$625

Hallie Stevens

ExistresSep 2019Closed

STAFFORD HOME SERVICE

ExistresJun 2019Closed

STAFFORD HOME SERVICE

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 width36 ft

Buildable depth83 ft

Area~2,998 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 2,998 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2542 MADISON ST N E MINNEAPOLIS MN 55418	A R DELGADO & M E LOPEZ ETAL	RESIDENTIAL	$257,100	46 ft
2550 MADISON ST N E MINNEAPOLIS MN 55418	CLIFTON PROPERTIES LLC	RESIDENTIAL	$162,200	47 ft
2538 MADISON ST N E MINNEAPOLIS MN 55418	CEL MONTON LLC	RESIDENTIAL	$222,600	92 ft
2547 JEFFERSON ST N E MINNEAPOLIS MN 55418	WILLIAM J KENNEDY ET AL	RESIDENTIAL	$263,000	123 ft
2543 JEFFERSON ST N E MINNEAPOLIS MN 55418	C METZGER & A KEDZIERSKI	RESIDENTIAL	$289,000	131 ft
2551 JEFFERSON ST N E MINNEAPOLIS MN 55418	CONNOR DANIS & RACHEL DANIS	RESIDENTIAL	$226,700	132 ft
2534 MADISON ST N E MINNEAPOLIS MN 55418	RYAN JENSEN/KAITLYN HARTMAN	RESIDENTIAL	$318,500	138 ft
669 26TH AVE N E MINNEAPOLIS MN 55418	ALEJANDRO CORTES JIMENEZ	RESIDENTIAL	$279,500	146 ft
2539 JEFFERSON ST N E MINNEAPOLIS MN 55418	JOANNE C HOMAN	RESIDENTIAL	$249,200	154 ft
2606 MADISON ST N E MINNEAPOLIS MN 55418	A JESSEN & S MOSIER	RESIDENTIAL	$279,000	181 ft

Property History

Most Recent Sale

Date201310

Price$149,900

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,793