216 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1102924320003

Property Overview

Parcel ID1102924320003

Lot Size4,829 sq ft (0.111 ac)

Lot Dimensions (est.)41 ft wide × 117 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerJEFFREY H KITT

Assessed Value$318,200

Land Value$114,000

Building Value$204,200

Annual Tax$4,675

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Green Zone — NorthHigh

Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.

Minneapolis Green Zones ↗

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 ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

4 permits on record since 2019 · $25K total declared value · Most recent: Dec 2021 (misc)

MiscDec 2021Closed

$16K

WINDOW CONCEPTS OF MINNESOTA INC

ResJul 2019Closed

Warners Stellian Co Inc

ExistresMay 2019Closed

APPLIED ENERGY INNOVATIONS LLC

RemodelMay 2019Closed

$8K

Anton Remodeling, LLC

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

Neighborhood Profile

Bottineau · 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 width31 ft

Buildable depth78 ft

Area~2,412 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 2,412 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
218 22ND AVE N E MINNEAPOLIS MN 55418	J E C CRIOLLO/J D S CAJILIMA	RESIDENTIAL	$380,500	41 ft
212 22ND AVE N E MINNEAPOLIS MN 55418	A S HIGH & H L KOZERSKI	RESIDENTIAL	$372,600	41 ft
220 22ND AVE N E MINNEAPOLIS MN 55418	T E ANTTILA & R C HINER	RESIDENTIAL	$344,700	82 ft
208 22ND AVE N E MINNEAPOLIS MN 55418	A LAGERSTEDT & Z MICHELETTI	RESIDENTIAL	$369,700	82 ft
2108 3RD ST N E MINNEAPOLIS MN 55418	EMILY MENDEL	RESIDENTIAL	$206,000	100 ft
224 22ND AVE N E MINNEAPOLIS MN 55418	REID JULIUS KRUGER	RESIDENTIAL	$400,800	123 ft
204 22ND AVE N E MINNEAPOLIS MN 55418	OONA M PETERSON	RESIDENTIAL	$240,200	123 ft
2107 2ND ST N E MINNEAPOLIS MN 55418	G S JENSEN & J E L JENSEN	RESIDENTIAL	$421,300	130 ft
2104 3RD ST N E MINNEAPOLIS MN 55418	C ANN OLSON	RESIDENTIAL	$274,000	135 ft
2105 2ND ST N E MINNEAPOLIS MN 55418	MARIA E CHALCO CRIOLLO	RESIDENTIAL	$364,200	158 ft

Property History

Most Recent Sale

Date198906

Price$59,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,675