2228 3RD ST N E MINNEAPOLIS MN 55418

PID: 1102924320108

Property Overview

Parcel ID1102924320108

Lot Size6,788 sq ft (0.156 ac)

Lot Dimensions (est.)158 ft wide × 43 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerEMMA OSMANSKI

Assessed Value$263,100

Land Value$133,000

Building Value$130,100

Annual Tax$4,073

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2018 · Most recent: Jan 2018 (existres)

ExistresJan 2018Closed

Wenzel-Plymouth Plumbing 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

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 width145 ft

Buildable depth3 ft

Area~3,536 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 3,536 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2224 3RD ST N E MINNEAPOLIS MN 55418	J A MARRONE & S R BRADY	RESIDENTIAL	$412,100	43 ft
2218 3RD ST N E MINNEAPOLIS MN 55418	M HENSCHEL & J HENSCHEL	RESIDENTIAL-TWO UNIT	$329,100	86 ft
2214 3RD ST N E MINNEAPOLIS MN 55418	J F TADDEO & K M KAKARAKIS	RESIDENTIAL-TWO UNIT	$350,800	129 ft
208 23RD AVE N E MINNEAPOLIS MN 55418	RAMI HOMES LLC	RESIDENTIAL	$188,000	134 ft
225 23RD AVE N E MINNEAPOLIS MN 55418	WATERSTONE INVESTMENTS INC	RESIDENTIAL-TWO UNIT	$282,100	136 ft
221 23RD AVE N E MINNEAPOLIS MN 55418	BARBARA JEAN JOHNSON	RESIDENTIAL	$225,600	136 ft
219 23RD AVE N E MINNEAPOLIS MN 55418	ALEXANDRA M LIVESAY	RESIDENTIAL	$289,000	147 ft
2300 3RD ST N E MINNEAPOLIS MN 55418	JENNIFER E DOWZAK ET AL	RESIDENTIAL	$307,400	147 ft
2210 3RD ST N E MINNEAPOLIS MN 55418	JOHN LYONS & ANGELA WILLARD	RESIDENTIAL-TWO UNIT	$341,400	172 ft
2217 2ND ST N E MINNEAPOLIS MN 55418	JUDITH CUSTODIO	RESIDENTIAL	$302,200	192 ft

Property History

Most Recent Sale

Date201807

Price$252,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,073