2551 JEFFERSON ST N E MINNEAPOLIS MN 55418

PID: 1102924130112

Property Overview

Parcel ID1102924130112

Lot Size5,902 sq ft (0.135 ac)

Lot Dimensions (est.)123 ft wide × 48 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerCONNOR DANIS & RACHEL DANIS

Assessed Value$226,700

Land Value$129,000

Building Value$97,700

Annual Tax$3,143

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

1 permit on record since 2018 · Most recent: Dec 2018 (res)

ResDec 2018Closed

Pronto Heating & Air Conditioning 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width110 ft

Buildable depth8 ft

Area~2,904 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 2,904 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2547 JEFFERSON ST N E MINNEAPOLIS MN 55418	WILLIAM J KENNEDY ET AL	RESIDENTIAL	$263,000	47 ft
2543 JEFFERSON ST N E MINNEAPOLIS MN 55418	C METZGER & A KEDZIERSKI	RESIDENTIAL	$289,000	93 ft
2607 JEFFERSON ST N E MINNEAPOLIS MN 55418	S K ANDERSON & T M HEALY	RESIDENTIAL	$334,500	119 ft
2550 MADISON ST N E MINNEAPOLIS MN 55418	CLIFTON PROPERTIES LLC	RESIDENTIAL	$162,200	123 ft
2546 MADISON ST N E MINNEAPOLIS MN 55418	HALLIE LYNN STEVENS	RESIDENTIAL	$309,700	132 ft
2539 JEFFERSON ST N E MINNEAPOLIS MN 55418	JOANNE C HOMAN	RESIDENTIAL	$249,200	139 ft
2542 MADISON ST N E MINNEAPOLIS MN 55418	A R DELGADO & M E LOPEZ ETAL	RESIDENTIAL	$257,100	154 ft
669 26TH AVE N E MINNEAPOLIS MN 55418	ALEJANDRO CORTES JIMENEZ	RESIDENTIAL	$279,500	161 ft
2550 JEFFERSON ST N E MINNEAPOLIS MN 55418	GREGORY A HUELER	RESIDENTIAL-TWO UNIT	$221,100	182 ft
2535 JEFFERSON ST N E MINNEAPOLIS MN 55418	NATHAN B BECKER	RESIDENTIAL	$303,900	185 ft

Property History

Most Recent Sale

Date202511

Price$284,950

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,143