615 19TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924340183

Property Overview

Parcel ID1102924340183

Lot Size4,542 sq ft (0.104 ac)

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

Year Built1952

Property ClassRESIDENTIAL

OwnerW P CASTILLO & M CASTILLO

Assessed Value$270,000

Land Value$111,000

Building Value$159,000

Annual Tax$3,868

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

Holland · 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~2,191 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 2,191 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
611 19TH AVE N E MINNEAPOLIS MN 55418	STEVEN HANKES	RESIDENTIAL	$273,500	41 ft
619 19TH AVE N E MINNEAPOLIS MN 55418	JAMES A MURRAY	RESIDENTIAL	$440,000	41 ft
609 19TH AVE N E MINNEAPOLIS MN 55418	AUBREY REYNOLD HEIL	RESIDENTIAL-TWO UNIT	$382,100	82 ft
623 19TH AVE N E MINNEAPOLIS MN 55418	NJE HOLDINGS LLC	RESIDENTIAL	$221,300	82 ft
1912 WASHINGTON ST N E MINNEAPOLIS MN 55418	CASE BEAUDETTE	RESIDENTIAL-TWO UNIT	$371,100	103 ft
627 19TH AVE N E MINNEAPOLIS MN 55418	MARK ELLIOT BUTCHER	RESIDENTIAL	$257,000	123 ft
605 19TH AVE N E MINNEAPOLIS MN 55418	JORDAN TAYLOR BELL	RESIDENTIAL-TWO UNIT	$345,400	124 ft
1911 6TH ST N E MINNEAPOLIS MN 55418	MATTHEW MAYOTTE	RESIDENTIAL-TWO UNIT	$264,400	126 ft
1915 6TH ST N E MINNEAPOLIS MN 55418	BENJAMIN E FARSTAD	RESIDENTIAL-TWO UNIT	$329,100	151 ft
1918 WASHINGTON ST N E MINNEAPOLIS MN 55418	CASE BEAUDETTE	RESIDENTIAL-TWO UNIT	$293,900	151 ft

Property History

Most Recent Sale

Date200111

Price$122,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,868