2731 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 1202924210039

Property Overview

Parcel ID1202924210039

Lot Size5,007 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerASHLEY D CARAVELLA

Assessed Value$336,900

Land Value$113,000

Building Value$223,900

Annual Tax$4,988

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $17K total declared value · Most recent: Oct 2025 (res)

ResOct 2025Inspection

Warners Stellian Co Inc

MiscOct 2025Final Inspection

$15K

CUSTOM REMODELERS LLC

ResFeb 2022Closed

CenterPoint Energy Resource Corp

MiscSep 2018Closed

$2K

Mayday Restoration

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

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 depth85 ft

Area~2,555 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 2,555 sqft buildable area.

Est. units

Yield on cost

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2727 BUCHANAN ST N E MINNEAPOLIS MN 55418	STEPHANIE L BESSLER	RESIDENTIAL	$253,000	40 ft
2735 BUCHANAN ST N E MINNEAPOLIS MN 55418	S MEYER & K SETTERLUND-MEYER	RESIDENTIAL	$339,400	40 ft
2739 BUCHANAN ST N E MINNEAPOLIS MN 55418	D M LASKEN ET AL 2002 FAM TR	RESIDENTIAL-TWO UNIT	$397,400	80 ft
2723 BUCHANAN ST N E MINNEAPOLIS MN 55418	SHERYL J BJORKMAN	RESIDENTIAL	$270,800	80 ft
2743 BUCHANAN ST N E MINNEAPOLIS MN 55418	NOAH PUCKETT/SUSAN GREENHOE	RESIDENTIAL	$221,600	120 ft
2719 BUCHANAN ST N E MINNEAPOLIS MN 55418	A R POLIVO & M C I DEROBLES	RESIDENTIAL-TWO UNIT	$369,600	120 ft
2730 LINCOLN ST N E MINNEAPOLIS MN 55418	DYLAN T STRAIT	RESIDENTIAL	$181,100	139 ft
2726 LINCOLN ST N E MINNEAPOLIS MN 55418	JESSE M ZIMMERMAN	RESIDENTIAL	$312,300	144 ft
2734 LINCOLN ST N E MINNEAPOLIS MN 55418	DOUGLAS C HAYDEN	RESIDENTIAL	$231,400	145 ft
2722 LINCOLN ST N E MINNEAPOLIS MN 55418	D L ROWE & C J GREENWALD	RESIDENTIAL	$300,100	160 ft

Property History

Most Recent Sale

Date202504

Price$220,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,988