2319 2ND ST N E MINNEAPOLIS MN 55418

PID: 1102924320086

Property Overview

Parcel ID1102924320086

Lot Size7,419 sq ft (0.170 ac)

Lot Dimensions (est.)158 ft wide × 47 ft deep

Year Built1905

Property ClassRESIDENTIAL-TWO UNIT

OwnerLYNN L SKUPEKO

Assessed Value$165,300

Land Value$132,000

Building Value$33,300

Annual Tax$2,114

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

6 permits on record since 2018 · $274K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

Baxter Mechanical, Inc

ExistresSep 2024Closed

Baxter Mechanical, Inc

ResSep 2024Closed

Baxter Mechanical, Inc

RemodelAug 2024Closed

$242K

GIERTSEN CO OF MINNESOTA INC

MiscNov 2022Closed

$25K

Haven Builders 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width37 ft

Buildable depth118 ft

Area~4,360 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 3-story wood frame (5–12 units) benchmarks for 4,360 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2315 2ND ST N E MINNEAPOLIS MN 55418	SPENCER FRANSON	RESIDENTIAL	$222,200	47 ft
2323 2ND ST N E MINNEAPOLIS MN 55418	2323 2ND STREET NE LLC	RESIDENTIAL-TWO UNIT	$500,900	47 ft
2311 2ND ST N E MINNEAPOLIS MN 55418	P M DAUGHERTY & S DAUGHERTY	RESIDENTIAL	$259,700	94 ft
2327 2ND ST N E MINNEAPOLIS MN 55418	KELLY NELSON	RESIDENTIAL-TWO UNIT	$360,700	94 ft
2307 2ND ST N E MINNEAPOLIS MN 55418	JEREMY LYBACK	RESIDENTIAL-TWO UNIT	$366,100	141 ft
2318 3RD ST N E MINNEAPOLIS MN 55418	MARCO G SIBRI LLAPA ET AL	RESIDENTIAL	$311,800	172 ft
2322 3RD ST N E MINNEAPOLIS MN 55418	C N TERHARK & D L HARTEL	RESIDENTIAL	$366,800	178 ft
2312 3RD ST N E MINNEAPOLIS MN 55418	JAMES S TAIT	RESIDENTIAL	$277,000	178 ft
213 23RD AVE N E MINNEAPOLIS MN 55418	R P SKWIERA & L M SKWIERA	RESIDENTIAL	$339,500	188 ft
2326 3RD ST N E MINNEAPOLIS MN 55418	TROY T & KATHLEEN E BURBACH	RESIDENTIAL	$367,500	196 ft

Property History

Most Recent Sale

Date200301

Price$0

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,114