2801 LINCOLN ST N E MINNEAPOLIS MN 55418

PID: 1202924210003

Property Overview

Parcel ID1202924210003

Lot Size5,247 sq ft (0.120 ac)

Lot Dimensions (est.)67 ft wide × 78 ft deep

Year Built1962

Property ClassRESIDENTIAL-TWO UNIT

OwnerM T PHELAN & K PHELAN

Assessed Value$371,100

Land Value$114,000

Building Value$257,100

Annual Tax$7,454

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2019 · Most recent: Sep 2019 (existres)

ExistresSep 2019Closed

HomeWorks Services LLC

ExistresSep 2019Closed

HomeWorks Services LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Audubon Park · Minneapolis

Median reported rent1,414/mo

Renter-occupied47.2%

Median home value$288K

Vacancy rate1.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 11

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width54 ft

Buildable depth38 ft

Area~1,771 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 1,771 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1511 28TH AVE N E MINNEAPOLIS MN 55418	ANGELICA CARVAJAL ENYART	RESIDENTIAL	$255,400	63 ft
2809 LINCOLN ST N E MINNEAPOLIS MN 55418	L E WATTS & B WATTS	RESIDENTIAL	$245,900	65 ft
2811 LINCOLN ST N E MINNEAPOLIS MN 55418	SAMPHEL S THARPA	RESIDENTIAL	$309,300	99 ft
2749 LINCOLN ST N E MINNEAPOLIS MN 55418	MARLYS J ANDERSON	RESIDENTIAL	$317,600	127 ft
2815 LINCOLN ST N E MINNEAPOLIS MN 55418	PAMELA MCDONALD	RESIDENTIAL-TWO UNIT	$428,100	153 ft
2804 LINCOLN ST N E MINNEAPOLIS MN 55418	JANE M AUGER & DAVID J AUGER	RESIDENTIAL-TWO UNIT	$338,700	163 ft
2800 LINCOLN ST N E MINNEAPOLIS MN 55418	JANE M AUGER	RESIDENTIAL-TWO UNIT	$343,100	163 ft
2810 LINCOLN ST N E MINNEAPOLIS MN 55418	C J GAMS & R L GAMS	RESIDENTIAL	$293,500	171 ft
2745 LINCOLN ST N E MINNEAPOLIS MN 55418	MICHELLE M PICKENS	RESIDENTIAL	$378,400	176 ft
2800 JOHNSON ST N E MINNEAPOLIS MN 55418	CITY OF MINNEAPOLIS	LAND-COMMERCIAL	$0	178 ft

Property History

Most Recent Sale

Date201907

Price$343,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,454