2539 WASHINGTON ST N E MINNEAPOLIS MN 55418

PID: 1102924130134

Property Overview

Parcel ID1102924130134

Lot Size5,673 sq ft (0.130 ac)

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

Year Built1954

Property ClassRESIDENTIAL-TWO UNIT

OwnerMARIE RADACHOVSKY LIV TRUST

Assessed Value$326,800

Land Value$120,000

Building Value$206,800

Annual Tax$4,819

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

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

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2543 WASHINGTON ST N E MINNEAPOLIS MN 55418	ADAM C MOYORGA	RESIDENTIAL	$375,000	46 ft
2535 WASHINGTON ST N E MINNEAPOLIS MN 55418	J M KELLEY & P G KELLEY	RESIDENTIAL	$418,500	69 ft
2547 WASHINGTON ST N E MINNEAPOLIS MN 55418	MICHAEL GAY & BRIGETTE GAY	RESIDENTIAL	$339,000	92 ft
2538 JEFFERSON ST N E MINNEAPOLIS MN 55418	ZACHARY PROSPER SOKOL	RESIDENTIAL-TWO UNIT	$332,800	123 ft
2542 JEFFERSON ST N E MINNEAPOLIS MN 55418	JOLYNN GARNES & ISAAC B GALE	RESIDENTIAL-TWO UNIT	$380,600	131 ft
2534 JEFFERSON ST N E MINNEAPOLIS MN 55418	WANDA R HAMLETT	RESIDENTIAL-TWO UNIT	$331,600	131 ft
2527 WASHINGTON ST N E MINNEAPOLIS MN 55418	VIATICUS PROPERTIES LLC	RESIDENTIAL	$304,800	138 ft
2555 WASHINGTON ST N E MINNEAPOLIS MN 55418	DIANA L & PETER J CHIODO	TRIPLEX	$492,300	139 ft
2546 JEFFERSON ST N E MINNEAPOLIS MN 55418	ROBERT L & LEILI T PRITSCHET	RESIDENTIAL	$366,800	152 ft
2530 JEFFERSON ST N E MINNEAPOLIS MN 55418	BARBARA JEAN W BELLEFEUILLE	RESIDENTIAL	$328,000	154 ft

Property History

Current Tax Year

Year2026

Tax Due$4,819