653 19TH AVE N E MINNEAPOLIS MN 55418

PID: 1102924430081

Property Overview

Parcel ID1102924430081

Lot Size5,047 sq ft (0.116 ac)

Lot Dimensions (est.)43 ft wide × 119 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerJ K ROSEDAHL & B N COONEY

Assessed Value$252,700

Land Value$102,000

Building Value$150,700

Annual Tax$3,578

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

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 width30 ft

Buildable depth79 ft

Area~2,325 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 2,325 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
649 19TH AVE N E MINNEAPOLIS MN 55418	KATHRYN FORSLIN/LYNN FORSLIN	RESIDENTIAL-TWO UNIT	$284,200	42 ft
645 19TH AVE N E MINNEAPOLIS MN 55418	BROCK L THORSON	RESIDENTIAL-TWO UNIT	$321,200	82 ft
1914 JEFFERSON ST N E MINNEAPOLIS MN 55418	JOHN A BEERS & WIFE	RESIDENTIAL	$187,600	111 ft
641 19TH AVE N E MINNEAPOLIS MN 55418	LYNN FORESTER BARBEAU	RESIDENTIAL	$231,100	123 ft
1918 JEFFERSON ST N E MINNEAPOLIS MN 55418	THOMAS BAKER	RESIDENTIAL-TWO UNIT	$400,400	150 ft
639 19TH AVE N E MINNEAPOLIS MN 55418	ROGER L JOHNSON TRUST	RESIDENTIAL-TWO UNIT	$314,400	164 ft
652 19TH AVE N E MINNEAPOLIS MN 55418	KATIE SWENO & KELLY PHELAN	RESIDENTIAL-TWO UNIT	$306,900	176 ft
648 19TH AVE N E MINNEAPOLIS MN 55418	KATIE L SWENO	RESIDENTIAL	$287,400	179 ft
646 19TH AVE N E MINNEAPOLIS MN 55418	KATIE SWENO & KELLY PHELAN	RESIDENTIAL	$191,800	191 ft
1922 JEFFERSON ST N E MINNEAPOLIS MN 55418	C T SAXTON & J SAXTON	RESIDENTIAL-TWO UNIT	$339,300	198 ft

Property History

Most Recent Sale

Date202001

Price$249,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,578