2300 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310050

Property Overview

Parcel ID1102924310050

Lot Size5,325 sq ft (0.122 ac)

Lot Dimensions (est.)124 ft wide × 43 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerW ALEXANDER NELSON

Assessed Value$304,200

Land Value$121,000

Building Value$183,200

Annual Tax$4,440

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2021 · $5K total declared value · Most recent: Jul 2021 (remodel)

RemodelJul 2021Closed

$5K

W Alexander Nelson

ResJul 2021Closed

W Alexander Nelson

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,578/mo

Renter-occupied61.3%

Median home value$320K

Vacancy rate9.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 17

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 depth3 ft

Area~2,515 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 2,515 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2306 4TH ST N E MINNEAPOLIS MN 55418	JOSEPH J ZGAINER	RESIDENTIAL-TWO UNIT	$310,000	43 ft
2312 4TH ST N E MINNEAPOLIS MN 55418	ZACHARY JUDE	RESIDENTIAL-TWO UNIT	$386,800	84 ft
2226 4TH ST N E MINNEAPOLIS MN 55418	JOSEPH C TRUAX	RESIDENTIAL-TWO UNIT	$313,300	115 ft
347 23RD AVE N E MINNEAPOLIS MN 55418	J SR & D ZONDLO REV LIV TR	RESIDENTIAL-TWO UNIT	$448,900	118 ft
2314 4TH ST N E MINNEAPOLIS MN 55418	NORA G THOMPSON	RESIDENTIAL-TWO UNIT	$295,300	124 ft
401 23RD AVE N E MINNEAPOLIS MN 55418	MARGARET ROSE BONNELL	RESIDENTIAL	$222,700	152 ft
339 23RD AVE N E MINNEAPOLIS MN 55418	AFTON IFKEWITSCH	RESIDENTIAL	$520,700	170 ft
2222 4TH ST N E MINNEAPOLIS MN 55418	M L BASTIAN	RESIDENTIAL-TWO UNIT	$320,100	170 ft
2318 4TH ST N E MINNEAPOLIS MN 55418	JAYNE KAISER	RESIDENTIAL-TWO UNIT	$331,500	171 ft
344 23RD AVE N E MINNEAPOLIS MN 55418	MATTHEW MEYERS	RESIDENTIAL	$389,700	192 ft

Property History

Most Recent Sale

Date202103

Price$280,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,440