2651 MCKINLEY ST N E MINNEAPOLIS MN 55418

PID: 1202924140116

Property Overview

Parcel ID1202924140116

Lot Size5,038 sq ft (0.116 ac)

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

Year Built1941

Property ClassRESIDENTIAL

OwnerD J TERRY & T TERRY

Assessed Value$348,900

Land Value$130,000

Building Value$218,900

Annual Tax$5,189

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $13K total declared value · Most recent: Mar 2022 (res)

ResMar 2022Closed

CenterPoint Energy Resource Corp

MiscDec 2020Closed

$2K

TWIN CITY HOME REMODELING LLC

MiscJun 2020Closed

$11K

NEW WINDOWS FOR AMERICA INC

ExistresAug 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

ResAug 2017Closed

BLUE RAIN PLUMBING 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 depth86 ft

Area~2,577 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 2,577 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
2647 MCKINLEY ST N E MINNEAPOLIS MN 55418	AARON MILLER	RESIDENTIAL	$318,500	40 ft
2655 MCKINLEY ST N E MINNEAPOLIS MN 55418	CHRISTOPHER M SIGURDSON	RESIDENTIAL	$348,400	40 ft
2643 MCKINLEY ST N E MINNEAPOLIS MN 55418	JENNIFER M MANN	RESIDENTIAL	$275,600	80 ft
2659 MCKINLEY ST N E MINNEAPOLIS MN 55418	J PEDERSON & D AGGERBECK	RESIDENTIAL	$347,000	80 ft
2639 MCKINLEY ST N E MINNEAPOLIS MN 55418	N MCNEIL & N JOHNSON	RESIDENTIAL	$417,100	120 ft
2650 STINSON PKWY MINNEAPOLIS MN 55418	JOHN D LOWN	RESIDENTIAL	$378,300	140 ft
2654 STINSON PKWY MINNEAPOLIS MN 55418	M J TOWLE & K E TOWLE	RESIDENTIAL	$513,200	145 ft
2646 STINSON PKWY MINNEAPOLIS MN 55418	GLORIE KLINE	RESIDENTIAL	$296,000	145 ft
2635 MCKINLEY ST N E MINNEAPOLIS MN 55418	MELANIE REID	RESIDENTIAL	$240,300	160 ft
2658 STINSON PKWY MINNEAPOLIS MN 55418	ELIZABETH RH SUTHERLAND ETAL	RESIDENTIAL	$401,700	161 ft

Property History

Most Recent Sale

Date201908

Price$321,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,189