2716 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412

PID: 1111821330047

Property Overview

Parcel ID1111821330047

Lot Size7,835 sq ft (0.180 ac)

Lot Dimensions (est.)60 ft wide × 130 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerMARY M LEGACIE

Assessed Value$413,500

Land Value$71,000

Building Value$342,500

Annual Tax$6,213

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · Most recent: May 2018 (existres)

ExistresMay 2018Closed

Henderson Heating and AC LLC

ResFeb 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Victory · Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width47 ft

Buildable depth90 ft

Area~4,278 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 sfr / adu benchmarks for 4,278 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2712 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	JENNIFER KARA KLAPHAKE	RESIDENTIAL	$347,500	54 ft
2708 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	R C AHMANN REV TRUST ET AL	RESIDENTIAL	$428,000	104 ft
4514 VINCENT AVE N MINNEAPOLIS MN 55412	GARY & LAUREN ODLE REV TRUST	RESIDENTIAL	$316,500	112 ft
2800 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	MARK LUDWIG	RESIDENTIAL	$357,500	118 ft
2704 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	P J WHELAN & V L PETERSON	RESIDENTIAL	$430,000	154 ft
4518 VINCENT AVE N MINNEAPOLIS MN 55412	MEGAN J SHARP	RESIDENTIAL	$326,100	160 ft
2804 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	G O SPECTOR & D F SPECTOR	RESIDENTIAL	$441,800	172 ft
4515 VINCENT AVE N MINNEAPOLIS MN 55412	PETER PLAEHN	RESIDENTIAL	$238,900	185 ft
4515 UPTON AVE N MINNEAPOLIS MN 55412	SHANNON T MCGAUGHEY PER REP	RESIDENTIAL	$328,400	204 ft
2700 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	A HENTGES & A M ROEPKE	RESIDENTIAL	$377,000	208 ft

Property History

Most Recent Sale

Date200406

Price$329,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,213