316 23RD AVE N E MINNEAPOLIS MN 55418

PID: 1102924320126

Property Overview

Parcel ID1102924320126

Lot Size3,440 sq ft (0.079 ac)

Lot Dimensions (est.)40 ft wide × 86 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerKRISTEN EMILY ALLEN

Assessed Value$257,000

Land Value$95,000

Building Value$162,000

Annual Tax$3,650

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 width30 ft

Buildable depth46 ft

Area~1,381 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 1,381 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2226 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	GOLDEN POINT ESTATE LLC	RESIDENTIAL-TWO UNIT	$341,300	81 ft
2222 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	NATHAN MEYER	RESIDENTIAL	$274,200	82 ft
2218 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	TIM & BEVERLY MC DONOUGH	RESIDENTIAL	$204,500	87 ft
2221 3RD ST N E MINNEAPOLIS MN 55418	ST JOHNS CATHOLIC CH OF MPLS	VACANT LAND-RESIDENTIAL	$0	115 ft
2227 3RD ST N E MINNEAPOLIS MN 55418	JONATHAN FRANCIS MISKOWIEC	RESIDENTIAL-TWO UNIT	$382,500	115 ft
2214 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	K M MCCLEAN & E J MCCLEAN	RESIDENTIAL	$404,900	122 ft
317 23RD AVE N E MINNEAPOLIS MN 55418	2300 UNIVERSITY LLC	RESIDENTIAL	$313,100	156 ft
311 23RD AVE N E MINNEAPOLIS MN 55418	GOTHAM RENTALS LLC	RESIDENTIAL-TWO UNIT	$376,100	166 ft
2210 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	MICHAEL BASTIAN	RESIDENTIAL	$161,600	180 ft
2215 3RD ST N E MINNEAPOLIS MN 55418	RUTHENIAN CATH CH	RESIDENTIAL	$0	190 ft

Property History

Most Recent Sale

Date202010

Price$292,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,650