2212 MONROE ST N E MINNEAPOLIS MN 55418

PID: 1102924420103

Property Overview

Parcel ID1102924420103

Lot Size5,712 sq ft (0.131 ac)

Lot Dimensions (est.)103 ft wide × 55 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerCHRISTINE M HAMON

Assessed Value$286,900

Land Value$119,000

Building Value$167,900

Annual Tax$4,284

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

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 width93 ft

Buildable depth15 ft

Area~2,869 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 2,869 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
2206 MONROE ST N E MINNEAPOLIS MN 55418	C & B J HALLINGSTAD	RESIDENTIAL	$253,800	55 ft
2216 MONROE ST N E MINNEAPOLIS MN 55418	ETHAN EARL MARSHALL	RESIDENTIAL-TWO UNIT	$344,500	55 ft
2200 MONROE ST N E MINNEAPOLIS MN 55418	KARL W EKSTROM	RESIDENTIAL	$253,200	110 ft
2224 MONROE ST N E MINNEAPOLIS MN 55418	W S PETERSON & Y G ROGGY	RESIDENTIAL-TWO UNIT	$320,000	111 ft
689 22ND AVE N E MINNEAPOLIS MN 55418	KYLE SCHMELZ & CARLY BAEHR	RESIDENTIAL	$337,000	160 ft
690 23RD AVE N E MINNEAPOLIS MN 55418	KIMBERLY K JACKSON	RESIDENTIAL-TWO UNIT	$352,000	166 ft
2212 HOWARD ST N E MINNEAPOLIS MN 55418	PATRICIA HUGHES	RESIDENTIAL	$240,400	179 ft
2216 HOWARD ST N E MINNEAPOLIS MN 55418	GEORGE E MACKERETH	RESIDENTIAL-TWO UNIT	$364,800	185 ft
701 22ND AVE N E MINNEAPOLIS MN 55418	MARISA JANE KNOSS	RESIDENTIAL	$265,800	190 ft
2219 MONROE ST N E MINNEAPOLIS MN 55418	T PHUNTSOK & T YANGDOL	RESIDENTIAL	$282,600	192 ft

Property History

Most Recent Sale

Date201806

Price$275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,284