1919 MONROE ST N E MINNEAPOLIS MN 55418

PID: 1102924440032

Property Overview

Parcel ID1102924440032

Lot Size7,161 sq ft (0.164 ac)

Lot Dimensions (est.)166 ft wide × 43 ft deep

Year Built2021

Property ClassRESIDENTIAL

OwnerMODERN MARVEL ON MONROE LLC

Assessed Value$669,100

Land Value$129,000

Building Value$540,100

Annual Tax$12,707

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

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 width33 ft

Buildable depth127 ft

Area~4,175 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 4,175 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
1915 MONROE ST N E MINNEAPOLIS MN 55418	JORGE A INAMAGUA	RESIDENTIAL-TWO UNIT	$360,200	43 ft
706 20TH AVE N E MINNEAPOLIS MN 55418	E M MERGEN & A I HANSON-ONI	RESIDENTIAL	$394,000	67 ft
708 20TH AVE N E MINNEAPOLIS MN 55418	ISAAC PIRK & BRONTE PIRK	RESIDENTIAL	$257,200	68 ft
1911 MONROE ST N E MINNEAPOLIS MN 55418	OLMEDO JARA & PATRICIO JARA	RESIDENTIAL	$312,600	86 ft
702 20TH AVE N E MINNEAPOLIS MN 55418	L M GARMERS & W P MURPHY	RESIDENTIAL	$218,200	89 ft
710 20TH AVE N E MINNEAPOLIS MN 55418	JOSEPH R CARLSON	RESIDENTIAL	$287,400	90 ft
718 20TH AVE N E MINNEAPOLIS MN 55418	COLLEEN MARIE GUIDOT	RESIDENTIAL	$215,800	129 ft
707 19TH AVE N E MINNEAPOLIS MN 55418	SANDRA PATRICIA RAMON PENA	RESIDENTIAL	$117,000	152 ft
703 19TH AVE N E MINNEAPOLIS MN 55418	CHRISTOPHER HANNAN	RESIDENTIAL	$268,100	156 ft
713 19TH AVE N E MINNEAPOLIS MN 55418	ROBERT A RICHTER/S F RICHTER	RESIDENTIAL-TWO UNIT	$332,400	162 ft

Property History

Most Recent Sale

Date202008

Price$64,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,707