2314 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310053

Property Overview

Parcel ID1102924310053

Lot Size4,953 sq ft (0.114 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerNORA G THOMPSON

Assessed Value$295,300

Land Value$116,000

Building Value$179,300

Annual Tax$4,519

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2019 · $5K total declared value · Most recent: Jun 2023 (existres)

ExistresJun 2023Inspection

Airic's Heating & Air Conditioning Inc

MiscMay 2019Closed

$5K

BOLECHOWSKI CONSTRUCTION LLC

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth84 ft

Area~2,514 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 2,514 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
2312 4TH ST N E MINNEAPOLIS MN 55418	ZACHARY JUDE	RESIDENTIAL-TWO UNIT	$386,800	40 ft
2318 4TH ST N E MINNEAPOLIS MN 55418	JAYNE KAISER	RESIDENTIAL-TWO UNIT	$331,500	47 ft
2306 4TH ST N E MINNEAPOLIS MN 55418	JOSEPH J ZGAINER	RESIDENTIAL-TWO UNIT	$310,000	81 ft
2322 4TH ST N E MINNEAPOLIS MN 55418	C E SMITH & G D SMITH	RESIDENTIAL-TWO UNIT	$356,300	103 ft
347 23RD AVE N E MINNEAPOLIS MN 55418	J SR & D ZONDLO REV LIV TR	RESIDENTIAL-TWO UNIT	$448,900	118 ft
2300 4TH ST N E MINNEAPOLIS MN 55418	W ALEXANDER NELSON	RESIDENTIAL	$304,200	124 ft
344 24TH AVE N E MINNEAPOLIS MN 55418	J K C ROMERO & I M M CABRERA	RESIDENTIAL	$402,100	136 ft
2328 4TH ST N E MINNEAPOLIS MN 55418	M E MONKO & T R MONKO	RESIDENTIAL	$378,400	158 ft
339 23RD AVE N E MINNEAPOLIS MN 55418	AFTON IFKEWITSCH	RESIDENTIAL	$520,700	170 ft
401 23RD AVE N E MINNEAPOLIS MN 55418	MARGARET ROSE BONNELL	RESIDENTIAL	$222,700	174 ft

Property History

Most Recent Sale

Date201801

Price$243,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,519