517 19TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924340090

Property Overview

Parcel ID1102924340090

Lot Size4,541 sq ft (0.104 ac)

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

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerVERA F RICH & LIS A MCHUGH

Assessed Value$302,200

Land Value$111,000

Building Value$191,200

Annual Tax$4,406

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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 rent1,204/mo

Renter-occupied56.0%

Median home value$293K

Vacancy rate8.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1018

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~2,190 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 2,190 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
513 19TH AVE N E MINNEAPOLIS MN 55418	GROCCO CAPITAL LLC	RESIDENTIAL-TWO UNIT	$348,600	40 ft
521 19TH AVE N E MINNEAPOLIS MN 55418	BARBARA A HALL	RESIDENTIAL-TWO UNIT	$349,000	41 ft
509 19TH AVE N E MINNEAPOLIS MN 55418	GRETA ESTHER OLSON	RESIDENTIAL	$219,500	80 ft
525 19TH AVE N E MINNEAPOLIS MN 55418	DANIEL EUGENE ENGELHART	RESIDENTIAL	$241,300	82 ft
1910 6TH ST N E MINNEAPOLIS MN 55418	JIN LEE	RESIDENTIAL	$192,800	93 ft
1912 6TH ST N E MINNEAPOLIS MN 55418	JOHN W ANDRUS	RESIDENTIAL	$198,900	114 ft
505 19TH AVE N E MINNEAPOLIS MN 55418	MARY E HANLEY	RESIDENTIAL	$182,000	120 ft
527 19TH AVE N E MINNEAPOLIS MN 55418	MATTHEW A MAYOTTE	RESIDENTIAL	$322,500	124 ft
1913 5TH ST N E MINNEAPOLIS MN 55418	D J HOCKER & K K HOCKER	RESIDENTIAL-TWO UNIT	$391,500	132 ft
1918 6TH ST N E MINNEAPOLIS MN 55418	CHASE WEMBER & SARAH WEMBER	RESIDENTIAL	$448,700	151 ft

Property History

Most Recent Sale

Date199903

Price$77,500

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,406