2718 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924210080

Property Overview

Parcel ID1202924210080

Lot Size5,068 sq ft (0.116 ac)

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

Year Built1905

Property ClassRESIDENTIAL

OwnerMARGUERITE NANCY KIBIRA

Assessed Value$298,000

Land Value$115,000

Building Value$183,000

Annual Tax$4,337

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2020 · $10K total declared value · Most recent: Aug 2024 (remodel)

RemodelAug 2024Closed

$1K

Concrete and Foundation Solutions LLC

ResMar 2022Closed

CenterPoint Energy Resource Corp

ExistresOct 2021Closed

Centraire Heating & Air Conditioning LLC

MiscSep 2021Closed

$9K

THE HOME DEPOT

ExistresMar 2020Closed

Blue Ox Heating and Air 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

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 depth87 ft

Area~2,600 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 2,600 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
2722 PIERCE ST N E MINNEAPOLIS MN 55418	L A FRITSCHE & D J FRITSCHE	RESIDENTIAL-TWO UNIT	$301,200	40 ft
2714 PIERCE ST N E MINNEAPOLIS MN 55418	P W ADAMS & Y M ADAMS	RESIDENTIAL	$257,000	45 ft
2726 PIERCE ST N E MINNEAPOLIS MN 55418	KEVIN LEIGH SHAVER	RESIDENTIAL	$232,500	80 ft
2730 PIERCE ST N E MINNEAPOLIS MN 55418	J P & K M ANDERSON	RESIDENTIAL	$289,000	120 ft
2721 FILLMORE ST N E MINNEAPOLIS MN 55418	GABRIEL PROPERTIES LLC	RESIDENTIAL	$346,600	140 ft
2715 FILLMORE ST N E MINNEAPOLIS MN 55418	J C MEYERS & N MEYERS	RESIDENTIAL	$308,700	148 ft
2725 FILLMORE ST N E MINNEAPOLIS MN 55418	HORTON REVOCABLE TRUST	RESIDENTIAL	$358,600	150 ft
1219 27TH AVE N E MINNEAPOLIS MN 55418	THOMAS A JOHNSON ETAL	RESIDENTIAL	$341,300	152 ft
1221 27TH AVE N E MINNEAPOLIS MN 55418	SAMUEL A MICHAEL	RESIDENTIAL	$335,900	157 ft
2734 PIERCE ST N E MINNEAPOLIS MN 55418	BETH A KAINZ	RESIDENTIAL	$280,900	160 ft

Property History

Most Recent Sale

Date199105

Price$69,400

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,337