2543 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 1202924140195

Property Overview

Parcel ID1202924140195

Lot Size10,094 sq ft (0.232 ac)

Lot Dimensions (est.)126 ft wide × 80 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerJ D MADDISON & E FILLENBAUM

Assessed Value$445,000

Land Value$174,000

Building Value$271,000

Annual Tax$6,798

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2019 · $31K total declared value · Most recent: Jan 2026 (existres)

ExistresJan 2026Closed

Standard Heating and Air Conditioning Inc

ExistresApr 2025Closed

Standard Heating and Air Conditioning Inc

ExistresMay 2023Closed

Standard Heating and Air Conditioning Inc

ResMar 2021Closed

CenterPoint Energy Resource Corp

RemodelJun 2020Closed

$16K

ALL ENERGY SOLAR 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 width70 ft

Buildable depth86 ft

Area~6,027 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 6,027 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2547 CLEVELAND ST N E MINNEAPOLIS MN 55418	BRITTA N CLARK	RESIDENTIAL	$294,600	60 ft
2535 CLEVELAND ST N E MINNEAPOLIS MN 55418	GRACE FREDRICKSON	RESIDENTIAL	$417,000	80 ft
2551 CLEVELAND ST N E MINNEAPOLIS MN 55418	B CRUBAUGH & A CAMPBELL	RESIDENTIAL	$334,100	100 ft
2555 CLEVELAND ST N E MINNEAPOLIS MN 55418	STEPHEN LEWIS & WIFE	RESIDENTIAL	$352,600	140 ft
2542 BENJAMIN ST N E MINNEAPOLIS MN 55418	T SHIPE & B E GERVAIS	RESIDENTIAL	$348,500	141 ft
2538 BENJAMIN ST N E MINNEAPOLIS MN 55418	KYLE H SERAFIN/MOLLY WOULFE	RESIDENTIAL	$310,500	141 ft
2527 CLEVELAND ST N E MINNEAPOLIS MN 55418	SUZANNA MCCLOSKEY	RESIDENTIAL	$335,900	150 ft
2546 BENJAMIN ST N E MINNEAPOLIS MN 55418	KNUTSON-NGUYEN TRUST	RESIDENTIAL	$288,900	152 ft
2534 BENJAMIN ST N E MINNEAPOLIS MN 55418	RILEY LARSON	RESIDENTIAL	$424,600	152 ft
2550 BENJAMIN ST N E MINNEAPOLIS MN 55418	JOSHUA BOHDE/CAITLIN O'NEIL	RESIDENTIAL	$399,100	172 ft

Property History

Most Recent Sale

Date199412

Price$88,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,798