2318 2ND ST N E MINNEAPOLIS MN 55418

PID: 1102924320091

Property Overview

Parcel ID1102924320091

Lot Size7,415 sq ft (0.170 ac)

Lot Dimensions (est.)157 ft wide × 47 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerAUSTIN BARKLEY

Assessed Value$343,100

Land Value$114,000

Building Value$229,100

Annual Tax$5,091

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

3 permits on record since 2021 · $24K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Inspection

Drain Works Plumbing LLC

MiscMay 2023Expired

$24K

TWIN CITIES SIDING PROFESSIONALS

ResJan 2021Closed

Warners Stellian Co Inc

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 width147 ft

Buildable depth7 ft

Area~4,356 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 4,356 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
2322 2ND ST N E MINNEAPOLIS MN 55418	ALLISON HARTL/MATTHEW EDLING	RESIDENTIAL	$357,900	47 ft
2314 2ND ST N E MINNEAPOLIS MN 55418	HANNAH HOOD-BLAXILL	RESIDENTIAL-TWO UNIT	$296,200	47 ft
2326 2ND ST N E MINNEAPOLIS MN 55418	EDWARD K CLARK	RESIDENTIAL	$188,800	94 ft
2310 2ND ST N E MINNEAPOLIS MN 55418	NAME UNAVAILABLE	RESIDENTIAL	$244,000	94 ft
2306 2ND ST N E MINNEAPOLIS MN 55418	E ZIEGLER & M FISKETTI	RESIDENTIAL	$433,200	141 ft
2318 1ST ST N E MINNEAPOLIS MN 55418	MHAC PROPERTIES LLP	INDUSTRIAL-PREFERRED	$1,625,000	187 ft
2302 2ND ST N E MINNEAPOLIS MN 55418	CAMILLE WORMLEY	RESIDENTIAL	$153,000	188 ft
2400 2ND ST N E MINNEAPOLIS MN 55418	BIG BROTHER HOLDING CO LLC	COMMERCIAL-PREFERRED	$389,000	206 ft
2310 1ST ST N E MINNEAPOLIS MN 55418	JAKRIS LTD ET AL	LAND - INDUSTRIAL	$50,700	206 ft
2319 2ND ST N E MINNEAPOLIS MN 55418	LYNN L SKUPEKO	RESIDENTIAL-TWO UNIT	$165,300	223 ft

Property History

Most Recent Sale

Date202103

Price$389,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,091