2755 GARFIELD ST N E MINNEAPOLIS MN 55418

PID: 1202924120193

Property Overview

Parcel ID1202924120193

Lot Size5,113 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerLEE LAMERS

Assessed Value$304,600

Land Value$136,000

Building Value$168,600

Annual Tax$4,447

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $17K total declared value · Most recent: Jul 2024 (existres)

ExistresJul 2024Expired

Binder Heating and Air Conditioning Inc

MiscOct 2023Closed

$17K

Neighborly Property Group LLC

ResMar 2021Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Audubon Park · Minneapolis

Median reported rent1,181/mo

Renter-occupied31.9%

Median home value$356K

Vacancy rate3.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1012

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

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 width30 ft

Buildable depth88 ft

Area~2,634 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 2,634 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2751 GARFIELD ST N E MINNEAPOLIS MN 55418	W F SCHEIDER/L M S FRIEDMAN	RESIDENTIAL	$412,200	40 ft
2759 GARFIELD ST N E MINNEAPOLIS MN 55418	JACOB E & JENNIFER KRCH	RESIDENTIAL	$356,300	40 ft
2747 GARFIELD ST N E MINNEAPOLIS MN 55418	R P FJERSTAD & D L FJERSTAD	RESIDENTIAL	$365,000	80 ft
2743 GARFIELD ST N E MINNEAPOLIS MN 55418	BRITTNY C RALPH	RESIDENTIAL	$361,700	120 ft
2754 ARTHUR ST N E MINNEAPOLIS MN 55418	MICHAEL S APPLEN ET AL	RESIDENTIAL	$345,200	140 ft
2801 GARFIELD ST N E MINNEAPOLIS MN 55418	J A ROSENOW & M H ROSENOW	RESIDENTIAL	$523,000	140 ft
2758 ARTHUR ST N E MINNEAPOLIS MN 55418	ALEXANDRA FAZELI-FARD	RESIDENTIAL	$548,100	145 ft
2750 ARTHUR ST N E MINNEAPOLIS MN 55418	SALLY L THORNTON	RESIDENTIAL	$306,600	145 ft
2746 ARTHUR ST N E MINNEAPOLIS MN 55418	CYNTHIA J RICHTER	RESIDENTIAL	$293,000	160 ft
2739 GARFIELD ST N E MINNEAPOLIS MN 55418	E HEATHCOTE & M N HEATHCOTE	RESIDENTIAL	$313,300	160 ft

Property History

Most Recent Sale

Date202310

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,447