2503 BRIGHTON AVE N E MINNEAPOLIS MN 55418

PID: 1202924130160

Property Overview

Parcel ID1202924130160

Lot Size5,958 sq ft (0.137 ac)

Lot Dimensions (est.)151 ft wide × 39 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerJ M BAIN & R P HAARMAN

Assessed Value$327,200

Land Value$123,000

Building Value$204,200

Annual Tax$4,399

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2021 · Most recent: Mar 2021 (res)

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 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.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width136 ft

Buildable depth0 ft

Area~2,633 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 small multifamily (2–4 units, wood frame) benchmarks for 2,633 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2511 BRIGHTON AVE N E MINNEAPOLIS MN 55418	ROSE M GUTHRIE	RESIDENTIAL	$319,700	51 ft
2517 BRIGHTON AVE N E MINNEAPOLIS MN 55418	S N C DVERGSTEN, D DVERGSTEN	RESIDENTIAL	$351,200	90 ft
2423 HAYES ST N E MINNEAPOLIS MN 55418	B HOPPE & T B EBERT	RESIDENTIAL	$453,000	110 ft
2521 BRIGHTON AVE N E MINNEAPOLIS MN 55418	BRIAN & CHERYL GUSTAFSON	RESIDENTIAL	$374,100	130 ft
1821 LOWRY AVE N E MINNEAPOLIS MN 55418	MICHAEL J SMITH	RESIDENTIAL	$178,700	133 ft
2419 HAYES ST N E MINNEAPOLIS MN 55418	THE HENRY LIVING TRUST	RESIDENTIAL	$384,000	160 ft
2422 GARFIELD ST N E MINNEAPOLIS MN 55418	H C LEHMAN & S M HOGAN	RESIDENTIAL	$406,000	168 ft
2525 BRIGHTON AVE N E MINNEAPOLIS MN 55418	DANIEL MOSSEY & ERIN RUDE	RESIDENTIAL	$356,600	170 ft
1723 LOWRY AVE N E MINNEAPOLIS MN 55418	W M DAY & R A SELB DAY	RESIDENTIAL-TWO UNIT	$462,900	172 ft
2500 GARFIELD ST N E MINNEAPOLIS MN 55418	JEREMY L WAGNER	RESIDENTIAL	$362,000	185 ft

Property History

Most Recent Sale

Date200707

Price$200,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,399