2322 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310055

Property Overview

Parcel ID1102924310055

Lot Size6,811 sq ft (0.156 ac)

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

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerC E SMITH & G D SMITH

Assessed Value$356,300

Land Value$134,000

Building Value$222,300

Annual Tax$6,767

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

No permits found in Minneapolis open data for this parcel.

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
2318 4TH ST N E MINNEAPOLIS MN 55418	JAYNE KAISER	RESIDENTIAL-TWO UNIT	$331,500	55 ft
2328 4TH ST N E MINNEAPOLIS MN 55418	M E MONKO & T R MONKO	RESIDENTIAL	$378,400	55 ft
344 24TH AVE N E MINNEAPOLIS MN 55418	J K C ROMERO & I M M CABRERA	RESIDENTIAL	$402,100	89 ft
2314 4TH ST N E MINNEAPOLIS MN 55418	NORA G THOMPSON	RESIDENTIAL-TWO UNIT	$295,300	103 ft
2312 4TH ST N E MINNEAPOLIS MN 55418	ZACHARY JUDE	RESIDENTIAL-TWO UNIT	$386,800	143 ft
338 24TH AVE N E MINNEAPOLIS MN 55418	JUAN M AGUAYZA MOROCHO	RESIDENTIAL-TWO UNIT	$360,100	147 ft
2400 4TH ST N E MINNEAPOLIS MN 55418	M V LLAPA & R N LLAPA	APARTMENT	$437,000	177 ft
347 24TH AVE N E MINNEAPOLIS MN 55418	NATHAN C SHERWIN	RESIDENTIAL-TWO UNIT	$256,900	180 ft
2306 4TH ST N E MINNEAPOLIS MN 55418	JOSEPH J ZGAINER	RESIDENTIAL-TWO UNIT	$310,000	184 ft
2323 4TH ST N E MINNEAPOLIS MN 55418	GALO PLAZA CRIOLLO	RESIDENTIAL-TWO UNIT	$346,400	189 ft

Property History

Most Recent Sale

Date200111

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,767