2302 6TH ST N E MINNEAPOLIS MN 55418

PID: 1102924310173

Property Overview

Parcel ID1102924310173

Lot Size5,575 sq ft (0.128 ac)

Lot Dimensions (est.)124 ft wide × 45 ft deep

Year Built1907

Property ClassRESIDENTIAL-TWO UNIT

OwnerLOWRY CORRIDOR NE LLC

Assessed Value$290,500

Land Value$123,000

Building Value$167,500

Annual Tax$5,516

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 depth5 ft

Area~2,684 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 2,684 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2306 6TH ST N E MINNEAPOLIS MN 55418	M L WINN & K M HOWES	RESIDENTIAL	$254,400	42 ft
2310 6TH ST N E MINNEAPOLIS MN 55418	RACHEL DEERING	RESIDENTIAL	$295,600	82 ft
2226 6TH ST N E MINNEAPOLIS MN 55418	W YLVISAKER & B YLVISAKER	RESIDENTIAL	$339,400	116 ft
2314 6TH ST N E MINNEAPOLIS MN 55418	P J DONAHUE & R L H DONAHUE	RESIDENTIAL	$269,600	123 ft
2301 5TH ST N E MINNEAPOLIS MN 55418	DVP ONE LLC	RESIDENTIAL-TWO UNIT	$483,500	124 ft
2307 5TH ST N E MINNEAPOLIS MN 55418	CLIFTON PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$274,700	131 ft
2309 5TH ST N E MINNEAPOLIS MN 55418	MARK & LOREEN KELZENBERG	RESIDENTIAL-TWO UNIT	$307,200	149 ft
2229 5TH ST N E MINNEAPOLIS MN 55418	MAVERICK HOLDINGS LLC	APARTMENT	$635,000	169 ft
2318 6TH ST N E MINNEAPOLIS MN 55418	SAMUEL KRISTEN JORGENSEN	RESIDENTIAL	$233,700	170 ft
2222 6TH ST N E MINNEAPOLIS MN 55418	DAVID MORGAN NELSON BRYAN	RESIDENTIAL	$317,300	171 ft

Property History

Most Recent Sale

Date201105

Price$79,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,516