2619 MADISON ST N E MINNEAPOLIS MN 55418

PID: 1102924130166

Property Overview

Parcel ID1102924130166

Lot Size4,650 sq ft (0.107 ac)

Lot Dimensions (est.)116 ft wide × 40 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerDAVID MANCUSO

Assessed Value$294,200

Land Value$114,000

Building Value$180,200

Annual Tax$4,487

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

No permits found in Minneapolis open data for this parcel.

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 width30 ft

Buildable depth76 ft

Area~2,286 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 2,286 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2615 MADISON ST N E MINNEAPOLIS MN 55418	MARCY CHESNEY	RESIDENTIAL	$284,900	40 ft
2623 MADISON ST N E MINNEAPOLIS MN 55418	J MARTIN & L FILTER	RESIDENTIAL	$273,900	40 ft
2611 MADISON ST N E MINNEAPOLIS MN 55418	D N GRANDY & A M GRANDY	RESIDENTIAL	$319,700	80 ft
2627 MADISON ST N E MINNEAPOLIS MN 55418	MIGUEL ANGEL TUBA ET AL	RESIDENTIAL	$231,100	80 ft
2603 MADISON ST N E MINNEAPOLIS MN 55418	MARTINA M PRIADKA	RESIDENTIAL	$313,500	120 ft
2631 MADISON ST N E MINNEAPOLIS MN 55418	SUGARLAND PROPERTIES LLC	RESIDENTIAL	$252,700	120 ft
2616 HOWARD ST N E MINNEAPOLIS MN 55418	J T PENAFIEL & M LANDI	RESIDENTIAL	$296,500	130 ft
2612 HOWARD ST N E MINNEAPOLIS MN 55418	J & T CALL	RESIDENTIAL	$241,000	136 ft
2622 HOWARD ST N E MINNEAPOLIS MN 55418	GREGORY LINDBERG	RESIDENTIAL	$525,000	136 ft
2626 HOWARD ST N E MINNEAPOLIS MN 55418	ANTONIO CONDA & SARAH FLYNN	RESIDENTIAL	$263,800	153 ft

Property History

Most Recent Sale

Date201310

Price$135,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,487