2420 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412

PID: 1111821340007

Property Overview

Parcel ID1111821340007

Lot Size6,450 sq ft (0.148 ac)

Lot Dimensions (est.)42 ft wide × 153 ft deep

Year Built1930

Property ClassRESIDENTIAL

OwnerC J JOHNSON & M STOVALL

Assessed Value$321,000

Land Value$66,000

Building Value$255,000

Annual Tax$4,906

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — Victory Memorial Drive

Development Opportunities

Historic district — Victory Memorial DriveHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

3 permits on record since 2021 · $30K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresSep 2021Closed

J and A Mechanical LLC

RemodelSep 2021Closed

$30K

MARGO RENOVATIONS

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth113 ft

Area~3,637 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 3,637 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2416 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	MATTHEW J KRUGER	RESIDENTIAL	$363,000	39 ft
2502 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	WARREN E KAARI REVOC TRUST	RESIDENTIAL	$358,000	45 ft
2506 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	JAY D ANDERSON	RESIDENTIAL	$359,000	95 ft
2412 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	CAMERON J A CHRISTIAN ET AL	RESIDENTIAL	$215,000	109 ft
4525 OSSEO RD MINNEAPOLIS MN 55412	MATTHEW D SCHLOSSER	RESIDENTIAL	$223,000	139 ft
2510 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	GORDON A WEIL/THERESE M WEIL	RESIDENTIAL	$402,000	144 ft
4520 OSSEO RD MINNEAPOLIS MN 55412	J BALISTRIERI & R CALVERT	RESIDENTIAL	$204,700	178 ft
2516 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	COLE MAGNUSON	RESIDENTIAL	$380,000	194 ft
4546 SHERIDAN AVE N MINNEAPOLIS MN 55412	DAWN M MISENCIK	RESIDENTIAL	$228,800	207 ft
4531 OSSEO RD MINNEAPOLIS MN 55412	DANELLA PATRICE THOMPSON	RESIDENTIAL	$231,000	211 ft

Property History

Most Recent Sale

Date202202

Price$309,900

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$4,906