2018 5TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340047

Property Overview

Parcel ID1102924340047

Lot Size9,086 sq ft (0.209 ac)

Lot Dimensions (est.)165 ft wide × 55 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerNATHAN GUNN

Assessed Value$343,700

Land Value$150,000

Building Value$193,700

Annual Tax$5,102

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $12K total declared value · Most recent: Apr 2023 (res)

ResApr 2023Closed

Plumbing Masters LLC

RemodelDec 2022Closed

$9K

GREAT LAKES WINDOW AND SIDING CO

ExistresSep 2017Closed

Metro Heating & Cooling LLC

MiscAug 2017Closed

$3K

RENEWAL BY ANDERSEN CORP

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Holland · 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 width45 ft

Buildable depth125 ft

Area~5,632 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 5,632 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
2012 5TH ST N E MINNEAPOLIS MN 55418	SHARALYN H CUPRYNA	RESIDENTIAL	$215,600	55 ft
2100 5TH ST N E MINNEAPOLIS MN 55418	WILLIAM BOULAY/MEGAN HOFFMAN	RESIDENTIAL	$436,300	55 ft
2108 5TH ST N E MINNEAPOLIS MN 55418	QUINN K NELSON/P L PORTILLA	RESIDENTIAL-TWO UNIT	$346,100	110 ft
425 20TH AVE N E MINNEAPOLIS MN 55418	MOHAMUD O ISSE ET AL	RESIDENTIAL	$414,800	139 ft
421 20TH AVE N E MINNEAPOLIS MN 55418	DAVID M BOGENSCHULTZ ET AL	RESIDENTIAL	$199,500	139 ft
429 20TH AVE N E MINNEAPOLIS MN 55418	JOHN A RUSSINIK	RESIDENTIAL	$258,000	151 ft
417 20TH AVE N E MINNEAPOLIS MN 55418	T M MICHIEKA & A O SAIBOU	RESIDENTIAL	$230,300	151 ft
2019 4TH ST N E MINNEAPOLIS MN 55418	E S WEST & R M BLANCHAR	RESIDENTIAL	$298,300	165 ft
415 20TH AVE N E MINNEAPOLIS MN 55418	JAN CARLSON ET AL	RESIDENTIAL	$253,100	172 ft
2103 4TH ST N E MINNEAPOLIS MN 55418	SCOTT BAUGHAN/KATIE BAUGHAN	RESIDENTIAL	$316,500	174 ft

Property History

Most Recent Sale

Date202512

Price$375,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,102