1816 3RD ST N E MINNEAPOLIS MN 55418

PID: 1102924330059

Property Overview

Parcel ID1102924330059

Lot Size10,936 sq ft (0.251 ac)

Lot Dimensions (est.)165 ft wide × 66 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerLUDMYLA & ROMAN VORONCHAK

Assessed Value$372,900

Land Value$160,000

Building Value$212,900

Annual Tax$5,590

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 · $32K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$26K

ABC Exteriors Inc

AdditionJul 2018Closed

$6K

Roman Voronchak

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 width56 ft

Buildable depth126 ft

Area~7,033 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 7,033 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
1808 3RD ST N E MINNEAPOLIS MN 55418	DESIREE A SCOTT	RESIDENTIAL	$285,000	50 ft
1822 3RD ST N E MINNEAPOLIS MN 55418	ALYSSA TESCH	RESIDENTIAL-TWO UNIT	$399,700	66 ft
1806 3RD ST N E MINNEAPOLIS MN 55418	ANA G JIMENEZ BERMEO	RESIDENTIAL	$283,200	83 ft
1800 3RD ST N E MINNEAPOLIS MN 55418	BOTTINEAU COMMONS TWNHMS LLC	VACANT LAND-RESIDENTIAL	$3,400	105 ft
1826 3RD ST N E MINNEAPOLIS MN 55418	ROSHON K LEWIS	RESIDENTIAL-TWO UNIT	$325,700	116 ft
1828 3RD ST N E MINNEAPOLIS MN 55418	ALYSSA T CLEVELAND	RESIDENTIAL	$211,000	149 ft
1805 2ND ST N E MINNEAPOLIS MN 55418	BOTTINEAU COMMONS TWNHMS LLC	COMMON AREA	$0	162 ft
1813 2ND ST N E MINNEAPOLIS MN 55418	JOHN L KYLE/KATHLEEN L KYLE	RESIDENTIAL	$340,300	165 ft
1817 2ND ST N E MINNEAPOLIS MN 55418	KELLY REHRAUER	RESIDENTIAL	$274,900	165 ft
1809 2ND ST N E MINNEAPOLIS MN 55418	A T RIERA & G RIERA	RESIDENTIAL	$313,700	177 ft

Property History

Most Recent Sale

Date201706

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,590