2215 2ND ST N E MINNEAPOLIS MN 55418

PID: 1102924320120

Property Overview

Parcel ID1102924320120

Lot Size6,788 sq ft (0.156 ac)

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

Year Built1903

Property ClassRESIDENTIAL-TWO UNIT

OwnerJESSICA FRANKS-KELLY ET AL

Assessed Value$320,700

Land Value$126,000

Building Value$194,700

Annual Tax$6,091

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

No permits found in Minneapolis open data for this parcel.

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 width33 ft

Buildable depth118 ft

Area~3,889 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 3,889 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2211 2ND ST N E MINNEAPOLIS MN 55418	ANDREW FRANKS-KELLY ET AL	RESIDENTIAL-TWO UNIT	$346,000	43 ft
2217 2ND ST N E MINNEAPOLIS MN 55418	JUDITH CUSTODIO	RESIDENTIAL	$302,200	43 ft
2223 2ND ST N E MINNEAPOLIS MN 55418	KIMBERLY HOLM/DYLAN JACOBSON	RESIDENTIAL	$239,000	95 ft
2201 2ND ST N E MINNEAPOLIS MN 55418	E A HAMLINE & S J COOK	COMMERCIAL-PREFERRED	$375,000	111 ft
208 23RD AVE N E MINNEAPOLIS MN 55418	RAMI HOMES LLC	RESIDENTIAL	$188,000	115 ft
213 22ND AVE N E MINNEAPOLIS MN 55418	B J TUCKER & E J TUCKER	RESIDENTIAL	$195,200	124 ft
2227 2ND ST N E MINNEAPOLIS MN 55418	ALAINA SCLAVI & CHAD SCLAVI	RESIDENTIAL	$274,400	135 ft
217 22ND AVE N E MINNEAPOLIS MN 55418	MAGDALEN ANNE HUEFNER	RESIDENTIAL-TWO UNIT	$428,600	157 ft
2214 3RD ST N E MINNEAPOLIS MN 55418	J F TADDEO & K M KAKARAKIS	RESIDENTIAL-TWO UNIT	$350,800	172 ft
2218 3RD ST N E MINNEAPOLIS MN 55418	M HENSCHEL & J HENSCHEL	RESIDENTIAL-TWO UNIT	$329,100	177 ft

Property History

Most Recent Sale

Date202412

Price$365,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,091