2517 BRIGHTON AVE N E MINNEAPOLIS MN 55418

PID: 1202924130162

Property Overview

Parcel ID1202924130162

Lot Size5,016 sq ft (0.115 ac)

Lot Dimensions (est.)128 ft wide × 39 ft deep

Year Built1919

Property ClassRESIDENTIAL

OwnerS N C DVERGSTEN, D DVERGSTEN

Assessed Value$351,200

Land Value$129,000

Building Value$222,200

Annual Tax$5,228

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $18K total declared value · Most recent: Dec 2024 (misc)

MiscDec 2024Closed

$3K

Minnesota Rusco Inc

MiscDec 2024Closed

$15K

Minnesota Rusco Inc

ExistresOct 2021Closed

Home Energy Center Inc

ResMar 2021Closed

CenterPoint Energy Resource Corp

ResNov 2017Closed

Warners Stellian Co Inc

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth85 ft

Area~2,560 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 small multifamily (2–4 units, wood frame) benchmarks for 2,560 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2511 BRIGHTON AVE N E MINNEAPOLIS MN 55418	ROSE M GUTHRIE	RESIDENTIAL	$319,700	40 ft
2521 BRIGHTON AVE N E MINNEAPOLIS MN 55418	BRIAN & CHERYL GUSTAFSON	RESIDENTIAL	$374,100	40 ft
2525 BRIGHTON AVE N E MINNEAPOLIS MN 55418	DANIEL MOSSEY & ERIN RUDE	RESIDENTIAL	$356,600	80 ft
2503 BRIGHTON AVE N E MINNEAPOLIS MN 55418	J M BAIN & R P HAARMAN	RESIDENTIAL	$327,200	90 ft
1821 LOWRY AVE N E MINNEAPOLIS MN 55418	MICHAEL J SMITH	RESIDENTIAL	$178,700	95 ft
2529 BRIGHTON AVE N E MINNEAPOLIS MN 55418	J D L ZAMORA & A M L MONNENS	RESIDENTIAL	$326,800	120 ft
2504 GARFIELD ST N E MINNEAPOLIS MN 55418	R J SMITH & T-G SMITH	RESIDENTIAL	$293,400	145 ft
2500 GARFIELD ST N E MINNEAPOLIS MN 55418	JEREMY L WAGNER	RESIDENTIAL	$362,000	146 ft
2508 GARFIELD ST N E MINNEAPOLIS MN 55418	S D K BEYERS & C J BEYERS	RESIDENTIAL-TWO UNIT	$380,400	160 ft
2533 BRIGHTON AVE N E MINNEAPOLIS MN 55418	ANTHONY SYNSTEGAARD	RESIDENTIAL	$272,000	161 ft

Property History

Most Recent Sale

Date199911

Price$164,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,228