4245 24TH AVE S MINNEAPOLIS MN 55406

PID: 1202824420136

Property Overview

Parcel ID1202824420136

Lot Size4,516 sq ft (0.104 ac)

Lot Dimensions (est.)90 ft wide × 50 ft deep

Year Built1935

Property ClassRESIDENTIAL

OwnerJ WILKIE & C WILKIE

Assessed Value$342,600

Land Value$137,000

Building Value$205,600

Annual Tax$5,064

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $19K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Closed

$15K

SIGNATURE HOME SERVICES LLC

ResApr 2022Closed

CenterPoint Energy Resource Corp

ExistresJan 2019Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

ExistresSep 2017Closed

Residential Heating and Air Conditioning Inc

MiscAug 2017Closed

$4K

RE NEW CONSTRUCTION LLC

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,387/mo

Renter-occupied12.2%

Median home value$296K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1102

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width40 ft

Buildable depth50 ft

Area~2,011 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 2,011 sqft buildable area.

Est. units

Yield on cost

1.6%

Spread

-3.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4241 24TH AVE S MINNEAPOLIS MN 55406	EMILY OSBORNE	RESIDENTIAL	$306,300	50 ft
2400 43RD ST E MINNEAPOLIS MN 55406	LISA OHNSTAD	RESIDENTIAL	$362,500	74 ft
2406 43RD ST E MINNEAPOLIS MN 55406	THOMAS BERNDT	RESIDENTIAL	$387,900	76 ft
4237 24TH AVE S MINNEAPOLIS MN 55406	E SCHLOETEL & H COPE	RESIDENTIAL	$397,200	95 ft
2410 43RD ST E MINNEAPOLIS MN 55406	KENNETH W DICKE	RESIDENTIAL	$525,800	114 ft
4233 24TH AVE S MINNEAPOLIS MN 55406	P B O'NEILL & E C MAUBAN	RESIDENTIAL	$391,700	135 ft
4244 24TH AVE S MINNEAPOLIS MN 55406	E J ANDREW & E HUGHES	RESIDENTIAL	$435,000	140 ft
4246 25TH AVE S MINNEAPOLIS MN 55406	D R SYLVESTER/J K BRUNNER TR	RESIDENTIAL	$461,200	145 ft
4242 25TH AVE S MINNEAPOLIS MN 55406	SPENCER COLONY & ERIN BERLIN	RESIDENTIAL	$544,700	148 ft
4250 24TH AVE S MINNEAPOLIS MN 55406	R O LINDE & J E CAMERON	RESIDENTIAL	$439,000	148 ft

Property History

Most Recent Sale

Date201708

Price$322,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,064