2519 ARTHUR ST N E MINNEAPOLIS MN 55418

PID: 1202924140216

Property Overview

Parcel ID1202924140216

Lot Size5,050 sq ft (0.116 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerANDREW LEE NELSON

Assessed Value$366,800

Land Value$130,000

Building Value$236,800

Annual Tax$5,489

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $17K total declared value · Most recent: Apr 2023 (misc)

MiscApr 2023Expired

$5K

Innovative Basement Authority

ExistresAug 2021Closed

Blue Ox Heating and Air LLC

MiscMay 2021Closed

$1K

AA Garage Door LLC

MiscApr 2021Closed

$7K

HOME PRO AMERICA LLC

ResMar 2021Closed

CenterPoint Energy Resource Corp

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 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~2,586 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 small multifamily (2–4 units, wood frame) benchmarks for 2,586 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2515 ARTHUR ST N E MINNEAPOLIS MN 55418	DOUGLAS DANDURAND	RESIDENTIAL	$362,300	40 ft
2523 ARTHUR ST N E MINNEAPOLIS MN 55418	MADISON C SAVAGE	RESIDENTIAL	$326,100	40 ft
2511 ARTHUR ST N E MINNEAPOLIS MN 55418	PATRICK S WURST	RESIDENTIAL	$350,400	79 ft
2527 ARTHUR ST N E MINNEAPOLIS MN 55418	CHRISTINA PERFETTI	RESIDENTIAL	$311,000	80 ft
2507 ARTHUR ST N E MINNEAPOLIS MN 55418	M SIBRI & J S LLAPA	RESIDENTIAL	$468,300	119 ft
2531 ARTHUR ST N E MINNEAPOLIS MN 55418	DEREK DAVIS	RESIDENTIAL	$288,900	120 ft
2518 CLEVELAND ST N E MINNEAPOLIS MN 55418	DANIEL DAVID HARTIG	RESIDENTIAL	$321,800	140 ft
2522 CLEVELAND ST N E MINNEAPOLIS MN 55418	J T DELANEY JR & A R DELANEY	RESIDENTIAL	$380,200	146 ft
2514 CLEVELAND ST N E MINNEAPOLIS MN 55418	TC HABITAT FOR HUMANITY	RESIDENTIAL	$224,900	147 ft
2501 ARTHUR ST N E MINNEAPOLIS MN 55418	DEBRA K ENLOE LIV TRUST ETAL	RESIDENTIAL	$378,100	159 ft

Property History

Most Recent Sale

Date202107

Price$321,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,489