2647 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 1202924140056

Property Overview

Parcel ID1202924140056

Lot Size5,039 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerMOLLY STANKE/PARKER WARFIELD

Assessed Value$350,500

Land Value$130,000

Building Value$220,500

Annual Tax$5,426

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2018 · $18K total declared value · Most recent: Mar 2024 (existres)

ExistresMar 2024Closed

AQUARIUS HOME SERVICES

ResNov 2023Expired

Master Plumbing Services LLC

ResMar 2021Closed

CenterPoint Energy Resource Corp

MiscJun 2020Closed

$3K

CREW2 INC

MiscApr 2019Closed

$3K

Safe Basements of MN

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 depth86 ft

Area~2,578 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 2,578 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
2643 CLEVELAND ST N E MINNEAPOLIS MN 55418	G M & D M ATHMANN	RESIDENTIAL	$338,500	40 ft
2651 CLEVELAND ST N E MINNEAPOLIS MN 55418	WADE L BILLMEYER	RESIDENTIAL	$280,900	40 ft
2639 CLEVELAND ST N E MINNEAPOLIS MN 55418	MATTHEW KARNEY/KELSEY KARNEY	RESIDENTIAL	$355,400	80 ft
2655 CLEVELAND ST N E MINNEAPOLIS MN 55418	PATRICK T LEARY	RESIDENTIAL	$231,100	80 ft
2635 CLEVELAND ST N E MINNEAPOLIS MN 55418	MITCHELL T GRIFFITH	RESIDENTIAL	$394,600	120 ft
2659 CLEVELAND ST N E MINNEAPOLIS MN 55418	M GOEDKEN & A GOEDKEN	RESIDENTIAL	$386,100	120 ft
2646 BENJAMIN ST N E MINNEAPOLIS MN 55418	MATTHEW THOM/MORGAN THOM	RESIDENTIAL	$363,400	140 ft
2650 BENJAMIN ST N E MINNEAPOLIS MN 55418	SAMANTHA MARIE OTTEN	RESIDENTIAL	$319,400	145 ft
2642 BENJAMIN ST N E MINNEAPOLIS MN 55418	ERIC MILLER & CORTNE MILLER	RESIDENTIAL	$448,500	145 ft
2631 CLEVELAND ST N E MINNEAPOLIS MN 55418	B A CORNELIUSEN/J E JOHNSON	RESIDENTIAL	$319,700	160 ft

Property History

Most Recent Sale

Date202203

Price$385,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,426