1928 3RD ST N E MINNEAPOLIS MN 55418

PID: 1102924330041

Property Overview

Parcel ID1102924330041

Lot Size4,743 sq ft (0.109 ac)

Lot Dimensions (est.)125 ft wide × 38 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerA L JOHNSON & B A JOHNSON

Assessed Value$378,800

Land Value$113,000

Building Value$265,800

Annual Tax$5,689

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · $25K total declared value · Most recent: Dec 2023 (existres)

ExistresDec 2023Closed

4Front Energy Solutions Inc

AccessorySep 2023Closed

$25K

Well Built Construction & Design

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 width112 ft

Buildable depth0 ft

Area~2,121 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,121 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1924 3RD ST N E MINNEAPOLIS MN 55418	ERIC BRUHJELL	RESIDENTIAL	$242,600	39 ft
1922 3RD ST N E MINNEAPOLIS MN 55418	J DE LA COVA & A DE LA COVA	RESIDENTIAL	$183,000	80 ft
216 20TH AVE N E MINNEAPOLIS MN 55418	M E POTEK & K A VAN WYK	RESIDENTIAL-TWO UNIT	$310,000	91 ft
2000 3RD ST N E MINNEAPOLIS MN 55418	WAYNE JAMES NELSON	RESIDENTIAL-TWO UNIT	$490,400	108 ft
1916 3RD ST N E MINNEAPOLIS MN 55418	J SCANLON & J SCANLON	RESIDENTIAL	$239,100	121 ft
2006 3RD ST N E MINNEAPOLIS MN 55418	RICHARD C MELBY	RESIDENTIAL	$423,000	155 ft
213 20TH AVE N E MINNEAPOLIS MN 55418	ALEX FLAVIN BAUER	RESIDENTIAL	$678,000	173 ft
2010 3RD ST N E MINNEAPOLIS MN 55418	JULIA MIGLETS & DAN NELSON	RESIDENTIAL	$199,000	198 ft
2001 3RD ST N E MINNEAPOLIS MN 55418	ALLEN BEDIAKO	RESIDENTIAL	$269,600	200 ft
1929 3RD ST N E MINNEAPOLIS MN 55418	A BUTTERFIELD & D ROBERTSHAW	RESIDENTIAL	$512,300	210 ft

Property History

Most Recent Sale

Date200205

Price$172,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,689