1 ADDRESS PENDING MINNEAPOLIS MN 00000

PID: 1102924330163

Property Overview

Parcel ID1102924330163

Lot Size10,453 sq ft (0.240 ac)

Lot Dimensions (est.)165 ft wide × 63 ft deep

Year Built2023

Property ClassCONDOMINIUM

OwnerVALUE HOMES LLC

Assessed Value$263,500

Land Value$53,700

Building Value$209,800

Annual Tax$4,079

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

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

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 width55 ft

Buildable depth121 ft

Area~6,591 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 6,591 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1 ADDRESS PENDING MINNEAPOLIS MN 00000	VALUE HOMES LLC	CONDOMINIUM	$251,100	0 ft
1 ADDRESS PENDING MINNEAPOLIS MN 00000	VALUE HOMES LLC	CONDOMINIUM	$260,400	0 ft
MN	Unknown	—	—	0 ft
1727 3RD ST N E MINNEAPOLIS MN 55413	DEVIN HOGAN	RESIDENTIAL-TWO UNIT	$299,000	52 ft
1723 3RD ST N E MINNEAPOLIS MN 55413	JENNIFER HENDRICKSON	RESIDENTIAL-TWO UNIT	$355,000	90 ft
1719 3RD ST N E MINNEAPOLIS MN 55413	KRIEG REVOC LIVING TRUST	RESIDENTIAL	$294,200	128 ft
1717 3RD ST N E MINNEAPOLIS MN 55413	ERIN KIRBY	RESIDENTIAL-TWO UNIT	$340,900	166 ft
1728 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	AMANDA WINTERER & W WINTERER	RESIDENTIAL-TWO UNIT	$328,500	170 ft
1724 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	WILLIAM RYAN DETERMAN	RESIDENTIAL-TWO UNIT	$433,100	181 ft
1722 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	CAMERON MICHAEL THIEME	RESIDENTIAL	$226,800	196 ft

Property History

Current Tax Year

Year2026

Tax Due$4,079