2136 MEMORIAL PKWY MINNEAPOLIS MN 55412

PID: 1111821430058

Property Overview

Parcel ID1111821430058

Lot Size5,516 sq ft (0.127 ac)

Lot Dimensions (est.)51 ft wide × 107 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerTIMOTHY KRUESEL

Assessed Value$397,000

Land Value$54,000

Building Value$343,000

Annual Tax$7,525

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

2 permits on record since 2020 · Most recent: Mar 2025 (res)

ResMar 2025Inspection

CENTERPOINT ENERGY

ResNov 2020Closed

FIRESIDE HEARTH AND HOME

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 width41 ft

Buildable depth67 ft

Area~704 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 704 sqft buildable area.

Est. units

Yield on cost

4.6%

Spread

-0.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2128 MEMORIAL PKWY MINNEAPOLIS MN 55412	DEREK E IVERSON ET AL	RESIDENTIAL	$283,500	50 ft
2140 MEMORIAL PKWY MINNEAPOLIS MN 55412	K E BROWN & L VAN HORNE	RESIDENTIAL	$322,800	50 ft
2124 MEMORIAL PKWY MINNEAPOLIS MN 55412	K L GEORGE & I V GEORGE	RESIDENTIAL	$318,100	103 ft
2144 MEMORIAL PKWY MINNEAPOLIS MN 55412	NOAH JOHNSON	RESIDENTIAL	$216,000	103 ft
4531 OLIVER AVE N MINNEAPOLIS MN 55412	ALEXANDER RONGEN	RESIDENTIAL	$239,000	111 ft
4530 PENN AVE N MINNEAPOLIS MN 55412	NANCY ABTS	RESIDENTIAL	$283,700	115 ft
4537 OLIVER AVE N MINNEAPOLIS MN 55412	PHUONG LE	RESIDENTIAL	$274,300	147 ft
4534 PENN AVE N MINNEAPOLIS MN 55412	FRANCISCO D VILLA ESPINOZA	RESIDENTIAL	$398,900	151 ft
4541 OLIVER AVE N MINNEAPOLIS MN 55412	JANET M DRONECK	RESIDENTIAL	$168,200	185 ft
4540 PENN AVE N MINNEAPOLIS MN 55412	J D LARSON & C A LARSON	RESIDENTIAL	$274,000	195 ft

Property History

Most Recent Sale

Date202009

Price$349,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,525