2537 BRIGHTON AVE N E MINNEAPOLIS MN 55418

PID: 1202924130167

Property Overview

Parcel ID1202924130167

Lot Size5,019 sq ft (0.115 ac)

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

Year Built1910

Property ClassRESIDENTIAL

OwnerK BENEDICT & A BENEDICT

Assessed Value$364,200

Land Value$129,000

Building Value$235,200

Annual Tax$5,704

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $120K total declared value · Most recent: Mar 2021 (res)

ResMar 2021Closed

CenterPoint Energy Resource Corp

ResJan 2020Closed

Glacier Plumbing Inc

ExistresDec 2019Closed

Total Air Inc

ResDec 2019Closed

Glacier Plumbing Inc

AdditionJul 2019Closed

$120K

MINNESOTA MASTER RENOVATIONS 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth85 ft

Area~2,563 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 2,563 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
2533 BRIGHTON AVE N E MINNEAPOLIS MN 55418	ANTHONY SYNSTEGAARD	RESIDENTIAL	$272,000	40 ft
2541 BRIGHTON AVE N E MINNEAPOLIS MN 55418	NATALIE WEBER	RESIDENTIAL	$408,100	40 ft
2529 BRIGHTON AVE N E MINNEAPOLIS MN 55418	J D L ZAMORA & A M L MONNENS	RESIDENTIAL	$326,800	80 ft
2545 BRIGHTON AVE N E MINNEAPOLIS MN 55418	J LAVEN & E R G MARTINEZ	RESIDENTIAL	$294,100	80 ft
2525 BRIGHTON AVE N E MINNEAPOLIS MN 55418	DANIEL MOSSEY & ERIN RUDE	RESIDENTIAL	$356,600	120 ft
2549 BRIGHTON AVE N E MINNEAPOLIS MN 55418	ADAM SAWYER	RESIDENTIAL	$261,000	120 ft
2520 GARFIELD ST N E MINNEAPOLIS MN 55418	RENEE S RAUCH	RESIDENTIAL	$326,700	139 ft
2524 GARFIELD ST N E MINNEAPOLIS MN 55418	HOLLY ANNE REED	RESIDENTIAL	$340,200	144 ft
2516 GARFIELD ST N E MINNEAPOLIS MN 55418	ELEANOR M PIJUT	RESIDENTIAL	$293,200	144 ft
2528 GARFIELD ST N E MINNEAPOLIS MN 55418	MARY K CRONIN	RESIDENTIAL	$333,300	160 ft

Property History

Most Recent Sale

Date200709

Price$202,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,704