687 24TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924420007

Property Overview

Parcel ID1102924420007

Lot Size4,402 sq ft (0.101 ac)

Lot Dimensions (est.)40 ft wide × 110 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerA KANNAS & J VANDENDOLDER

Assessed Value$308,000

Land Value$109,000

Building Value$199,000

Annual Tax$4,707

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $16K total declared value · Most recent: Nov 2023 (remodel)

RemodelNov 2023Closed

$5K

ALL ENERGY SOLAR INC

MiscJun 2017Closed

$11K

FIRST CHOICE EXTERIORS 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 width27 ft

Buildable depth70 ft

Area~1,892 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 1,892 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
685 24TH AVE N E MINNEAPOLIS MN 55418	SUSAN MIDGLEY SHIELDS	RESIDENTIAL-TWO UNIT	$297,000	41 ft
683 24TH AVE N E MINNEAPOLIS MN 55418	MARIA JULIA TADAY ET AL	RESIDENTIAL-TWO UNIT	$361,400	83 ft
2414 HOWARD ST N E MINNEAPOLIS MN 55418	DEIDRA K PURVIS	RESIDENTIAL	$232,000	93 ft
691 24TH AVE N E MINNEAPOLIS MN 55418	FLORENCE J KAFKA	TRIPLEX	$378,600	99 ft
2418 HOWARD ST N E MINNEAPOLIS MN 55418	STEVEN C SWENDRA II	RESIDENTIAL	$295,000	144 ft
695 24TH AVE N E MINNEAPOLIS MN 55418	JOSHUA ESCHOLES	RESIDENTIAL-TWO UNIT	$338,200	152 ft
2412 MONROE ST N E MINNEAPOLIS MN 55418	SUSAN KAY TRUAX	RESIDENTIAL	$217,100	166 ft
2405 MADISON ST N E MINNEAPOLIS MN 55418	SUSANNE M FRENTRESS	RESIDENTIAL	$257,900	166 ft
2401 MADISON ST N E MINNEAPOLIS MN 55418	JASON L KORMANIK	RESIDENTIAL	$242,500	169 ft
2411 MADISON ST N E MINNEAPOLIS MN 55418	J A ALVARADO & S CUENCA	RESIDENTIAL	$185,800	173 ft

Property History

Most Recent Sale

Date201711

Price$225,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,707