2104 3RD ST N E MINNEAPOLIS MN 55418

PID: 1102924330023

Property Overview

Parcel ID1102924330023

Lot Size6,938 sq ft (0.159 ac)

Lot Dimensions (est.)164 ft wide × 42 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerC ANN OLSON

Assessed Value$274,000

Land Value$134,000

Building Value$140,000

Annual Tax$3,934

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

2 permits on record since 2018 · $13K total declared value · Most recent: Jul 2019 (misc)

MiscJul 2019Closed

$5K

B E R ENTERPRISES LLC

AdditionJul 2018Closed

$8K

Twin Cities Habitat for Humanity 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth133 ft

Area~4,006 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 4,006 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2100 3RD ST N E MINNEAPOLIS MN 55418	ADAM HANSEN	RESIDENTIAL	$285,400	40 ft
2108 3RD ST N E MINNEAPOLIS MN 55418	EMILY MENDEL	RESIDENTIAL	$206,000	41 ft
2020 3RD ST N E MINNEAPOLIS MN 55418	DAVID F BIRCH/PATRICIA BIRCH	RESIDENTIAL-TWO UNIT	$310,200	79 ft
2016 3RD ST N E MINNEAPOLIS MN 55418	MARGARET STELZNER	RESIDENTIAL	$301,400	119 ft
218 22ND AVE N E MINNEAPOLIS MN 55418	J E C CRIOLLO/J D S CAJILIMA	RESIDENTIAL	$380,500	122 ft
220 22ND AVE N E MINNEAPOLIS MN 55418	T E ANTTILA & R C HINER	RESIDENTIAL	$344,700	122 ft
224 22ND AVE N E MINNEAPOLIS MN 55418	REID JULIUS KRUGER	RESIDENTIAL	$400,800	134 ft
216 22ND AVE N E MINNEAPOLIS MN 55418	JEFFREY H KITT	RESIDENTIAL	$318,200	135 ft
212 22ND AVE N E MINNEAPOLIS MN 55418	A S HIGH & H L KOZERSKI	RESIDENTIAL	$372,600	158 ft
2012 3RD ST N E MINNEAPOLIS MN 55418	CHARLES R MONTPETIT	RESIDENTIAL	$314,300	159 ft

Property History

Most Recent Sale

Date199204

Price$59,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,934