695 24TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924420002

Property Overview

Parcel ID1102924420002

Lot Size10,282 sq ft (0.236 ac)

Lot Dimensions (est.)80 ft wide × 129 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerJOSHUA ESCHOLES

Assessed Value$338,200

Land Value$150,000

Building Value$188,200

Annual Tax$5,009

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

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 width67 ft

Buildable depth89 ft

Area~5,941 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 5,941 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
691 24TH AVE N E MINNEAPOLIS MN 55418	FLORENCE J KAFKA	TRIPLEX	$378,600	53 ft
2412 MONROE ST N E MINNEAPOLIS MN 55418	SUSAN KAY TRUAX	RESIDENTIAL	$217,100	84 ft
2328 MONROE ST N E MINNEAPOLIS MN 55418	J L SCHAAP & J D HOFFMAN	RESIDENTIAL-TWO UNIT	$294,600	145 ft
687 24TH AVE N E MINNEAPOLIS MN 55418	A KANNAS & J VANDENDOLDER	RESIDENTIAL	$308,000	152 ft
692 LOWRY AVE N E MINNEAPOLIS MN 55418	JUAN C LOZANO	RESIDENTIAL-TWO UNIT	$275,000	158 ft
2326 MONROE ST N E MINNEAPOLIS MN 55418	MARY ANNE LUCIOW	RESIDENTIAL-TWO UNIT	$287,100	175 ft
694 LOWRY AVE N E MINNEAPOLIS MN 55418	L I MUCHKO & R MUCHKO	RESIDENTIAL-TWO UNIT	$252,000	177 ft
2409 MONROE ST N E MINNEAPOLIS MN 55418	JSW PROPERTIES LLC	RESIDENTIAL	$299,700	179 ft
690 LOWRY AVE N E MINNEAPOLIS MN 55418	COLTON M SNOW	RESIDENTIAL-TWO UNIT	$329,300	182 ft
709 24TH AVE N E MINNEAPOLIS MN 55418	J D TARP & E TARP	RESIDENTIAL	$225,300	184 ft

Property History

Most Recent Sale

Date202212

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,009