2318 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310054

Property Overview

Parcel ID1102924310054

Lot Size6,811 sq ft (0.156 ac)

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

Year Built1908

Property ClassRESIDENTIAL-TWO UNIT

OwnerJAYNE KAISER

Assessed Value$331,500

Land Value$134,000

Building Value$197,500

Annual Tax$4,897

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

1 permit on record since 2023 · Most recent: Jun 2023 (existres)

ExistresJun 2023Closed

Pronto Heating & Air Conditioning Inc

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 width45 ft

Buildable depth84 ft

Area~3,771 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 3,771 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
2314 4TH ST N E MINNEAPOLIS MN 55418	NORA G THOMPSON	RESIDENTIAL-TWO UNIT	$295,300	47 ft
2322 4TH ST N E MINNEAPOLIS MN 55418	C E SMITH & G D SMITH	RESIDENTIAL-TWO UNIT	$356,300	55 ft
2312 4TH ST N E MINNEAPOLIS MN 55418	ZACHARY JUDE	RESIDENTIAL-TWO UNIT	$386,800	88 ft
344 24TH AVE N E MINNEAPOLIS MN 55418	J K C ROMERO & I M M CABRERA	RESIDENTIAL	$402,100	105 ft
2328 4TH ST N E MINNEAPOLIS MN 55418	M E MONKO & T R MONKO	RESIDENTIAL	$378,400	110 ft
2306 4TH ST N E MINNEAPOLIS MN 55418	JOSEPH J ZGAINER	RESIDENTIAL-TWO UNIT	$310,000	128 ft
347 23RD AVE N E MINNEAPOLIS MN 55418	J SR & D ZONDLO REV LIV TR	RESIDENTIAL-TWO UNIT	$448,900	149 ft
338 24TH AVE N E MINNEAPOLIS MN 55418	JUAN M AGUAYZA MOROCHO	RESIDENTIAL-TWO UNIT	$360,100	157 ft
2300 4TH ST N E MINNEAPOLIS MN 55418	W ALEXANDER NELSON	RESIDENTIAL	$304,200	171 ft
2319 4TH ST N E MINNEAPOLIS MN 55418	KILEY MCRAE BENSON	RESIDENTIAL-TWO UNIT	$376,000	189 ft

Property History

Most Recent Sale

Date202210

Price$293,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,897