1812 WASHINGTON ST N E MINNEAPOLIS MN 55418

PID: 1102924430042

Property Overview

Parcel ID1102924430042

Lot Size9,082 sq ft (0.208 ac)

Lot Dimensions (est.)165 ft wide × 55 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerA P MARCHETTI/K C MARCHETTI

Assessed Value$273,400

Land Value$123,000

Building Value$150,400

Annual Tax$3,925

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

4 permits on record since 2023 · $26K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Closed

CenterPoint Energy Resource Corp

ResMay 2025Inspection

Vanwinkle Plumbing LLC

MiscAug 2024Closed

$15K

DAN ROETTGER HOME IMPROVEMENT

AdditionOct 2023Closed

$12K

Anthony P Marchetti

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 width45 ft

Buildable depth125 ft

Area~5,629 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 5,629 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1808 WASHINGTON ST N E MINNEAPOLIS MN 55418	CLAUDIA CARSTENS SMITH	RESIDENTIAL	$399,000	55 ft
1816 WASHINGTON ST N E MINNEAPOLIS MN 55418	ALAN TWOMEY	RESIDENTIAL	$415,700	55 ft
1802 WASHINGTON ST N E MINNEAPOLIS MN 55418	KATHERINE RAY	RESIDENTIAL	$187,400	97 ft
618 19TH AVE N E MINNEAPOLIS MN 55418	SHABANA HADI	RESIDENTIAL	$258,100	143 ft
614 19TH AVE N E MINNEAPOLIS MN 55418	WATERSTONE INVESTMENTS INC	RESIDENTIAL-TWO UNIT	$266,900	148 ft
626 19TH AVE N E MINNEAPOLIS MN 55418	PHILIP CHAN	RESIDENTIAL-TWO UNIT	$495,200	152 ft
612 19TH AVE N E MINNEAPOLIS MN 55418	CLIFTON PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$286,200	158 ft
1813 6TH ST N E MINNEAPOLIS MN 55418	D ZELINSKI & M HEILLE	RESIDENTIAL	$460,300	165 ft
1809 6TH ST N E MINNEAPOLIS MN 55418	JAMES RUSSELL	RESIDENTIAL	$307,200	172 ft
610 19TH AVE N E MINNEAPOLIS MN 55418	DARREL L PERSSON	RESIDENTIAL	$138,700	174 ft

Property History

Most Recent Sale

Date200405

Price$195,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$3,925