2525 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924240043

Property Overview

Parcel ID1102924240043

Lot Size3,948 sq ft (0.091 ac)

Lot Dimensions (est.)123 ft wide × 32 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerSTEPHEN R SCHLESINGER ET AL

Assessed Value$207,200

Land Value$102,000

Building Value$105,200

Annual Tax$3,208

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

1 permit on record since 2025 · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

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$368K-0.7% YoY

Median price / sqft$228/sqft

Median days to close15 days

Active listings75

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 width22 ft

Buildable depth83 ft

Area~1,834 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 1,834 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
2527 4TH ST N E MINNEAPOLIS MN 55418	M BEAUCLAIRE & T BEAUCLAIRE	RESIDENTIAL	$275,500	31 ft
2523 4TH ST N E MINNEAPOLIS MN 55418	JOSEPH GREGORY SCHAUFF	RESIDENTIAL	$303,000	39 ft
2531 4TH ST N E MINNEAPOLIS MN 55418	LEONARD THOMAS SEARCY JR	RESIDENTIAL-TWO UNIT	$314,500	61 ft
2519 4TH ST N E MINNEAPOLIS MN 55418	HIGH END HIDEAWAY LLC	RESIDENTIAL-TWO UNIT	$468,400	85 ft
2535 4TH ST N E MINNEAPOLIS MN 55418	DJ FINANCIAL LLC	LOW INCOME RENTAL	$280,400	99 ft
2526 5TH ST N E MINNEAPOLIS MN 55418	RAYMOND D TRACZYK	RESIDENTIAL	$260,200	127 ft
2515 4TH ST N E MINNEAPOLIS MN 55418	KAMPHEAK ORFEI & A ORFEI	RESIDENTIAL	$298,800	129 ft
2522 5TH ST N E MINNEAPOLIS MN 55418	THOMAS A FILZEN	RESIDENTIAL-TWO UNIT	$382,400	138 ft
2539 4TH ST N E MINNEAPOLIS MN 55418	M A TACURI & J I GUAYLLAS	RESIDENTIAL-TWO UNIT	$307,400	145 ft
2536 5TH ST N E MINNEAPOLIS MN 55418	JANELLE L GORNY	RESIDENTIAL	$270,600	158 ft

Property History

Most Recent Sale

Date199805

Price$40,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,208