2547 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 1202924140196

Property Overview

Parcel ID1202924140196

Lot Size5,047 sq ft (0.116 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerBRITTA N CLARK

Assessed Value$294,600

Land Value$130,000

Building Value$164,600

Annual Tax$4,280

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $3K total declared value · Most recent: May 2025 (existres)

ExistresMay 2025Closed

$3K

Norse Heating and Air Inc

ResMar 2021Closed

CenterPoint Energy Resource Corp

ResJun 2020Closed

Urban Pine Plumbing and Mechanical 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~2,584 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 2,584 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
2551 CLEVELAND ST N E MINNEAPOLIS MN 55418	B CRUBAUGH & A CAMPBELL	RESIDENTIAL	$334,100	40 ft
2543 CLEVELAND ST N E MINNEAPOLIS MN 55418	J D MADDISON & E FILLENBAUM	RESIDENTIAL	$445,000	60 ft
2555 CLEVELAND ST N E MINNEAPOLIS MN 55418	STEPHEN LEWIS & WIFE	RESIDENTIAL	$352,600	80 ft
2559 CLEVELAND ST N E MINNEAPOLIS MN 55418	I NIEWALD & N JASZEWSKI	RESIDENTIAL	$332,000	120 ft
2546 BENJAMIN ST N E MINNEAPOLIS MN 55418	KNUTSON-NGUYEN TRUST	RESIDENTIAL	$288,900	140 ft
2535 CLEVELAND ST N E MINNEAPOLIS MN 55418	GRACE FREDRICKSON	RESIDENTIAL	$417,000	140 ft
2542 BENJAMIN ST N E MINNEAPOLIS MN 55418	T SHIPE & B E GERVAIS	RESIDENTIAL	$348,500	145 ft
2550 BENJAMIN ST N E MINNEAPOLIS MN 55418	JOSHUA BOHDE/CAITLIN O'NEIL	RESIDENTIAL	$399,100	146 ft
2554 BENJAMIN ST N E MINNEAPOLIS MN 55418	J FRIENDSHUH & C STADELMAN	RESIDENTIAL	$373,400	161 ft
2538 BENJAMIN ST N E MINNEAPOLIS MN 55418	KYLE H SERAFIN/MOLLY WOULFE	RESIDENTIAL	$310,500	161 ft

Property History

Most Recent Sale

Date202103

Price$294,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,280