2815 LINCOLN ST N E MINNEAPOLIS MN 55418

PID: 1202924210007

Property Overview

Parcel ID1202924210007

Lot Size9,279 sq ft (0.213 ac)

Lot Dimensions (est.)125 ft wide × 74 ft deep

Year Built1953

Property ClassRESIDENTIAL-TWO UNIT

OwnerPAMELA MCDONALD

Assessed Value$428,100

Land Value$147,000

Building Value$281,100

Annual Tax$8,130

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2022 · Most recent: Dec 2022 (existres)

ExistresDec 2022Closed

Residential Heating and Air Conditioning Inc

ResJul 2022Closed

MN Plumbing & Home Services INC

ResMar 2022Closed

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 rent1,414/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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width64 ft

Buildable depth85 ft

Area~5,461 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 5,461 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2811 LINCOLN ST N E MINNEAPOLIS MN 55418	SAMPHEL S THARPA	RESIDENTIAL	$309,300	55 ft
2821 LINCOLN ST N E MINNEAPOLIS MN 55418	S L STUART & A STUART	RESIDENTIAL	$413,100	56 ft
2809 LINCOLN ST N E MINNEAPOLIS MN 55418	L E WATTS & B WATTS	RESIDENTIAL	$245,900	92 ft
2825 LINCOLN ST N E MINNEAPOLIS MN 55418	LUCAS CAPISTRANT	RESIDENTIAL	$321,000	93 ft
2829 LINCOLN ST N E MINNEAPOLIS MN 55418	JAMES EISCHENS	RESIDENTIAL-TWO UNIT	$349,000	131 ft
2820 JOHNSON ST N E MINNEAPOLIS MN 55418	ARBOR JOHNSON PROPERTIES LLC	COMMERCIAL-PREFERRED	$545,000	150 ft
2801 LINCOLN ST N E MINNEAPOLIS MN 55418	M T PHELAN & K PHELAN	RESIDENTIAL-TWO UNIT	$371,100	153 ft
1511 28TH AVE N E MINNEAPOLIS MN 55418	ANGELICA CARVAJAL ENYART	RESIDENTIAL	$255,400	153 ft
2800 JOHNSON ST N E MINNEAPOLIS MN 55418	CITY OF MINNEAPOLIS	LAND-COMMERCIAL	$0	167 ft
2833 LINCOLN ST N E MINNEAPOLIS MN 55418	G G VOGEL & D M DESJARDINS	RESIDENTIAL	$279,000	171 ft

Property History

Most Recent Sale

Date201211

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,130