2640 GARFIELD ST N E MINNEAPOLIS MN 55418

PID: 1202924130200

Property Overview

Parcel ID1202924130200

Lot Size5,089 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerB CONN & R WIGHTMAN

Assessed Value$343,600

Land Value$131,000

Building Value$212,600

Annual Tax$5,100

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $17K total declared value · Most recent: Nov 2021 (misc)

MiscNov 2021Closed

$7K

PELLA NORTHLAND

ResJun 2021Closed

Rascher Plumbing and Heating Inc

ExistresDec 2020Closed

Binder Heating and Air Conditioning Inc

MiscFeb 2020Closed

$3K

STANDARD WATER CONTROL SYSTEMS INC

ExistresJan 2020Closed

STANDARD WATER CONTROL SYSTEMS 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

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 depth87 ft

Area~2,616 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 2,616 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
2644 GARFIELD ST N E MINNEAPOLIS MN 55418	JUDITH ANN PUNYKO	RESIDENTIAL	$295,000	40 ft
2638 GARFIELD ST N E MINNEAPOLIS MN 55418	JEAN M LACHANCE	RESIDENTIAL	$300,000	40 ft
2648 GARFIELD ST N E MINNEAPOLIS MN 55418	CYNTHIA M NELSON LIV TRUST	RESIDENTIAL	$349,800	80 ft
2634 GARFIELD ST N E MINNEAPOLIS MN 55418	M J HOFFMAN & L A MCADAMS	RESIDENTIAL	$437,100	80 ft
2652 GARFIELD ST N E MINNEAPOLIS MN 55418	N D WEPRICH & M L GLOVER	RESIDENTIAL	$258,100	120 ft
2630 GARFIELD ST N E MINNEAPOLIS MN 55418	W WHITEHEAD & S WHITEHEAD	RESIDENTIAL	$344,300	120 ft
2637 HAYES ST N E MINNEAPOLIS MN 55418	ERIC J LUDWIG/SUSAN N LUDWIG	RESIDENTIAL	$463,600	141 ft
2641 HAYES ST N E MINNEAPOLIS MN 55418	ANNA BORYS & TYLER FLORY	RESIDENTIAL	$345,400	146 ft
2633 HAYES ST N E MINNEAPOLIS MN 55418	LYNETTE S PAULSON	RESIDENTIAL	$292,400	147 ft
2656 GARFIELD ST N E MINNEAPOLIS MN 55418	KYLE RITTER ET AL	RESIDENTIAL	$375,300	160 ft

Property History

Most Recent Sale

Date201408

Price$230,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,100