726 24TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924410125

Property Overview

Parcel ID1102924410125

Lot Size3,736 sq ft (0.086 ac)

Lot Dimensions (est.)39 ft wide × 95 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerC BURKHOLDER/R BLAND ET AL

Assessed Value$306,300

Land Value$99,000

Building Value$207,300

Annual Tax$4,475

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2018 · Most recent: Nov 2018 (existres)

ExistresNov 2018Expired

Airic's Heating & Air Conditioning Inc

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

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

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 width26 ft

Buildable depth55 ft

Area~1,452 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 1,452 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
722 24TH AVE N E MINNEAPOLIS MN 55418	ADAM NEUMANN	RESIDENTIAL-TWO UNIT	$309,800	38 ft
718 24TH AVE N E MINNEAPOLIS MN 55418	D & C PROPERTIES INC	RESIDENTIAL-TWO UNIT	$276,400	75 ft
2330 QUINCY ST N E MINNEAPOLIS MN 55418	J BRAATEN & A BRAATEN	RESIDENTIAL	$321,000	89 ft
714 24TH AVE N E MINNEAPOLIS MN 55418	GABRIEL RAMIREZ-HERNANDEZ	RESIDENTIAL	$306,000	112 ft
2324 QUINCY ST N E MINNEAPOLIS MN 55418	WEST EDGE INVESTMENTS LLC	APARTMENT	$378,000	120 ft
2345 QUINCY ST N E MINNEAPOLIS MN 55418	ZCW PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$360,800	143 ft
727 24TH AVE N E MINNEAPOLIS MN 55418	MARY SANDS	RESIDENTIAL	$154,000	151 ft
723 24TH AVE N E MINNEAPOLIS MN 55418	CHRISTINE NALEPKA	RESIDENTIAL	$185,500	155 ft
2320 QUINCY ST N E MINNEAPOLIS MN 55418	KRISTOPHER EDMOND	RESIDENTIAL-TWO UNIT	$428,900	158 ft
2335 QUINCY ST N E MINNEAPOLIS MN 55418	BRYAN MICHAEL COX	RESIDENTIAL	$213,900	163 ft

Property History

Most Recent Sale

Date202211

Price$375,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,475