2625 JOHNSON ST N E MINNEAPOLIS MN 55418

PID: 1202924130218

Property Overview

Parcel ID1202924130218

Lot Size6,251 sq ft (0.143 ac)

Lot Dimensions (est.)125 ft wide × 50 ft deep

Year Built1929

Property ClassRESIDENTIAL-TWO UNIT

OwnerANDREW HOEFLER

Assessed Value$373,700

Land Value$127,000

Building Value$246,700

Annual Tax$7,097

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth85 ft

Area~3,399 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 3-story wood frame (5–12 units) benchmarks for 3,399 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2629 JOHNSON ST N E MINNEAPOLIS MN 55418	A SCHNEIDER & K SCHNEIDER	RESIDENTIAL	$314,100	50 ft
2623 JOHNSON ST N E MINNEAPOLIS MN 55418	DAVID HEMMING & R HEMMING	RESIDENTIAL-TWO UNIT	$422,400	50 ft
2619 JOHNSON ST N E MINNEAPOLIS MN 55418	MICHAEL A MCCLURE	RESIDENTIAL	$332,900	94 ft
2633 JOHNSON ST N E MINNEAPOLIS MN 55418	D R BERGANTINE/B D OSENDORF	RESIDENTIAL	$325,300	95 ft
2635 JOHNSON ST N E MINNEAPOLIS MN 55418	RANDALL WELLS/JUDYANN WELLS	RESIDENTIAL-TWO UNIT	$402,700	135 ft
2615 JOHNSON ST N E MINNEAPOLIS MN 55418	TIANMING LLC	RESIDENTIAL	$260,900	135 ft
2628 ULYSSES ST N E MINNEAPOLIS MN 55418	GONZALO G PASTOR & EMMA THOR	RESIDENTIAL	$302,000	139 ft
2626 ULYSSES ST N E MINNEAPOLIS MN 55418	CAROLYN A NEVISON	RESIDENTIAL	$297,000	140 ft
2630 ULYSSES ST N E MINNEAPOLIS MN 55418	NICOLE LIND & PETER NELSON	RESIDENTIAL	$416,100	148 ft
2622 ULYSSES ST N E MINNEAPOLIS MN 55418	JACOB HANSEN & ERICA HANSEN	RESIDENTIAL	$306,200	149 ft

Property History

Most Recent Sale

Date201810

Price$281,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,097