1807 4TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340237

Property Overview

Parcel ID1102924340237

Lot Size18,150 sq ft (0.417 ac)

Lot Dimensions (est.)165 ft wide × 110 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerROBERT & LAURA DIERKE

Assessed Value$478,400

Land Value$196,000

Building Value$282,400

Annual Tax$7,635

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

1 permit on record since 2007 · $120K total declared value · Most recent: Apr 2007 (building re-inspection)

Building Re-inspectionApr 2007

$120K

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

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

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width152 ft

Buildable depth70 ft

Area~12,121 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 12,121 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
1813 4TH ST N E MINNEAPOLIS MN 55418	SARAH E PERCY	RESIDENTIAL-TWO UNIT	$385,100	79 ft
1819 4TH ST N E MINNEAPOLIS MN 55418	JOSHUA DAVID TINUCCI	RESIDENTIAL-TWO UNIT	$413,700	134 ft
1727 4TH ST N E MINNEAPOLIS MN 55413	KRISTAL J MILLER	RESIDENTIAL	$365,100	141 ft
1810 5TH ST N E MINNEAPOLIS MN 55418	J B & M A MURPHY ET AL	RESIDENTIAL	$481,200	166 ft
1800 5TH ST N E MINNEAPOLIS MN 55418	N P RAILROAD COMPANY	VACANT LAND-RESIDENTIAL	$41,000	170 ft
1725 4TH ST N E MINNEAPOLIS MN 55413	ETHAN FRY	RESIDENTIAL	$314,000	180 ft
1812 5TH ST N E MINNEAPOLIS MN 55418	CLIFTON PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$327,200	184 ft
1816 5TH ST N E MINNEAPOLIS MN 55418	JOHN H & NICOLE NIKOLAI	RESIDENTIAL	$332,400	201 ft
1724 5TH ST N E MINNEAPOLIS MN 55413	S BRILLHART & JESSICA SWARTZ	RESIDENTIAL	$433,700	211 ft
1818 5TH ST N E MINNEAPOLIS MN 55418	L R ELLIS-CLEMONS ET AL	RESIDENTIAL	$384,000	222 ft

Property History

Current Tax Year

Year2026

Tax Due$7,635