2222 UNIVERSITY AVE N E MINNEAPOLIS MN 55418

PID: 1102924320127

Property Overview

Parcel ID1102924320127

Lot Size5,068 sq ft (0.116 ac)

Lot Dimensions (est.)118 ft wide × 43 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerNATHAN MEYER

Assessed Value$274,200

Land Value$93,000

Building Value$181,200

Annual Tax$3,937

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $16K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$13K

PUETZ CONSTRUCTION LLC

ExistresJan 2021Closed

Binder Heating and Air Conditioning Inc

RemodelDec 2020Closed

$2K

EGRESS WINDOW GUY

RemodelNov 2020Closed

$500

Nathan R Meyer

ExistresMar 2019Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth78 ft

Area~2,568 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 2,568 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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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	43 ft
2218 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	TIM & BEVERLY MC DONOUGH	RESIDENTIAL	$204,500	47 ft
316 23RD AVE N E MINNEAPOLIS MN 55418	KRISTEN EMILY ALLEN	RESIDENTIAL	$257,000	82 ft
2214 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	K M MCCLEAN & E J MCCLEAN	RESIDENTIAL	$404,900	88 ft
2210 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	MICHAEL BASTIAN	RESIDENTIAL	$161,600	130 ft
2225 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	STEVEN J SARVIE	RESIDENTIAL	$256,800	170 ft
2229 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	KATHRYN YALE	RESIDENTIAL	$177,400	176 ft
2221 UNIVERSITY AVE N E MINNEAPOLIS MN 55418	VIRGINIA MARY SUTTON	RESIDENTIAL-TWO UNIT	$287,400	177 ft
321 22ND AVE N E MINNEAPOLIS MN 55418	PIPER GROUP LLC	RESIDENTIAL	$278,300	185 ft
317 22ND AVE N E MINNEAPOLIS MN 55418	PHILIP H & TAMARA J BARNETT	RESIDENTIAL-TWO UNIT	$368,200	191 ft

Property History

Most Recent Sale

Date201910

Price$240,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,937