409 20TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924340056

Property Overview

Parcel ID1102924340056

Lot Size4,543 sq ft (0.104 ac)

Lot Dimensions (est.)42 ft wide × 109 ft deep

Year Built2019

Property ClassRESIDENTIAL

OwnerKATHERINE A GERDES

Assessed Value$588,400

Land Value$111,000

Building Value$477,400

Annual Tax$9,419

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $488K total declared value · Most recent: Jun 2020 (res)

ResJun 2020Closed

Flare Heating & Air Conditioning, Inc.

ResMay 2020Closed

Flare Heating & Air Conditioning, Inc.

ResFeb 2020Closed

Center Point Plumbing LLC

ExistresJan 2020Closed

Flare Heating & Air Conditioning, Inc.

NewNov 2019Closed

$480K

RIDGE CONSTRUCTION LLC

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 width31 ft

Buildable depth71 ft

Area~2,192 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 2,192 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
415 20TH AVE N E MINNEAPOLIS MN 55418	JAN CARLSON ET AL	RESIDENTIAL	$253,100	41 ft
405 20TH AVE N E MINNEAPOLIS MN 55418	LINDSEY R ANDERSON	RESIDENTIAL	$397,500	41 ft
401 20TH AVE N E MINNEAPOLIS MN 55418	STEVEN THOMAS MAZURKO	RESIDENTIAL	$210,100	82 ft
417 20TH AVE N E MINNEAPOLIS MN 55418	T M MICHIEKA & A O SAIBOU	RESIDENTIAL	$230,300	83 ft
2015 4TH ST N E MINNEAPOLIS MN 55418	JACOB J KOELLN	RESIDENTIAL-TWO UNIT	$520,100	85 ft
421 20TH AVE N E MINNEAPOLIS MN 55418	DAVID M BOGENSCHULTZ ET AL	RESIDENTIAL	$199,500	124 ft
2019 4TH ST N E MINNEAPOLIS MN 55418	E S WEST & R M BLANCHAR	RESIDENTIAL	$298,300	139 ft
408 20TH AVE N E MINNEAPOLIS MN 55418	W R & F A SAUEY GRNDPRNTS TR	RESIDENTIAL	$291,600	149 ft
425 20TH AVE N E MINNEAPOLIS MN 55418	MOHAMUD O ISSE ET AL	RESIDENTIAL	$414,800	165 ft
2012 5TH ST N E MINNEAPOLIS MN 55418	SHARALYN H CUPRYNA	RESIDENTIAL	$215,600	166 ft

Property History

Most Recent Sale

Date201311

Price$125,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,419