2401 6TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310011

Property Overview

Parcel ID1102924310011

Lot Size6,815 sq ft (0.156 ac)

Lot Dimensions (est.)124 ft wide × 55 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerJOHN P BURNS/EUNICE N BURNS

Assessed Value$301,100

Land Value$134,000

Building Value$167,100

Annual Tax$4,661

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

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 width111 ft

Buildable depth15 ft

Area~3,523 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 3,523 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2411 6TH ST N E MINNEAPOLIS MN 55418	N JOHNSON & C JOHNSON	RESIDENTIAL	$303,800	55 ft
611 24TH AVE N E MINNEAPOLIS MN 55418	RACHEL M LARSEN	RESIDENTIAL	$358,900	87 ft
2415 6TH ST N E MINNEAPOLIS MN 55418	C D JOHNSON & K C DUNN	RESIDENTIAL	$367,800	110 ft
600 24TH AVE N E MINNEAPOLIS MN 55418	ANNE M LOUISELLE	RESIDENTIAL	$319,200	120 ft
615 24TH AVE N E MINNEAPOLIS MN 55418	RUSSELL BOEBERT	RESIDENTIAL	$432,500	126 ft
2419 6TH ST N E MINNEAPOLIS MN 55418	FAUSTO & ALICIA INAMAGUA	RESIDENTIAL	$263,200	163 ft
617 24TH AVE N E MINNEAPOLIS MN 55418	DENNIS A RUSINKO	RESIDENTIAL	$237,000	167 ft
2326 7TH ST N E MINNEAPOLIS MN 55418	GRANT & REBECCA ADAMS	RESIDENTIAL	$297,400	173 ft
2323 6TH ST N E MINNEAPOLIS MN 55418	CONOR HESCH	RESIDENTIAL-TWO UNIT	$392,900	175 ft
2402 6TH ST N E MINNEAPOLIS MN 55418	MAXIMILLIAN CECIL REV LIV TR	RESIDENTIAL-TWO UNIT	$312,500	185 ft

Property History

Most Recent Sale

Date200401

Price$120,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$4,661