2410 MADISON ST N E MINNEAPOLIS MN 55418

PID: 1102924420025

Property Overview

Parcel ID1102924420025

Lot Size5,851 sq ft (0.134 ac)

Lot Dimensions (est.)117 ft wide × 50 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerDEBORAH KATHLEEN ANDERSON

Assessed Value$316,100

Land Value$128,000

Building Value$188,100

Annual Tax$4,639

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

1 permit on record since 2024 · $20K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$20K

SELA ROOFING AND REMODELING 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth77 ft

Area~3,078 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 3,078 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
2414 MADISON ST N E MINNEAPOLIS MN 55418	JACOB SCHUTZ/REBECCA SCHUTZ	RESIDENTIAL	$378,300	49 ft
2406 MADISON ST N E MINNEAPOLIS MN 55418	ALEX M HENDERSON-CLEVETTE	RESIDENTIAL	$354,200	50 ft
2418 MADISON ST N E MINNEAPOLIS MN 55418	LUIS MEJIA & ELSA CHICAIZA	RESIDENTIAL	$304,200	97 ft
2400 MADISON ST N E MINNEAPOLIS MN 55418	MOWBRAY M FRIDAY	RESIDENTIAL-TWO UNIT	$402,800	100 ft
2411 JEFFERSON ST N E MINNEAPOLIS MN 55418	FREDY O ALVARADO	RESIDENTIAL	$274,900	130 ft
2415 JEFFERSON ST N E MINNEAPOLIS MN 55418	SURE FOUNDATION PROP LLC	RESIDENTIAL	$275,100	139 ft
2407 JEFFERSON ST N E MINNEAPOLIS MN 55418	B CARLSON & K CARLSON	RESIDENTIAL	$282,100	140 ft
2422 MADISON ST N E MINNEAPOLIS MN 55418	JAMES A FLATTUM	RESIDENTIAL-TWO UNIT	$366,300	148 ft
2419 JEFFERSON ST N E MINNEAPOLIS MN 55418	JASON R SAVAGE	RESIDENTIAL	$264,900	163 ft
2401 JEFFERSON ST N E MINNEAPOLIS MN 55418	DANIEL DESY	RESIDENTIAL	$314,000	164 ft

Property History

Most Recent Sale

Date198703

Price$75,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,639