2840 TAYLOR ST N E MINNEAPOLIS MN 55418

PID: 1202924220037

Property Overview

Parcel ID1202924220037

Lot Size8,373 sq ft (0.192 ac)

Lot Dimensions (est.)182 ft wide × 46 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerPATRICK JAMES HERZOG

Assessed Value$378,200

Land Value$142,000

Building Value$236,200

Annual Tax$7,357

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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 width36 ft

Buildable depth142 ft

Area~5,112 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 5,112 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
2838 TAYLOR ST N E MINNEAPOLIS MN 55418	A D HUNT & N C POOLE	RESIDENTIAL	$335,300	46 ft
1028 29TH AVE N E MINNEAPOLIS MN 55418	WAYNE ROOSA & J CHERYL ROOSA	RESIDENTIAL	$180,000	70 ft
1024 29TH AVE N E MINNEAPOLIS MN 55418	TRACY A LACHANCE	RESIDENTIAL	$193,600	72 ft
1030 29TH AVE N E MINNEAPOLIS MN 55418	RUTH A BRALEY	RESIDENTIAL	$204,100	82 ft
2834 TAYLOR ST N E MINNEAPOLIS MN 55418	L TETZMAN/P EMMONS/B TETZMAN	RESIDENTIAL	$341,100	92 ft
1020 29TH AVE N E MINNEAPOLIS MN 55418	D BERRIOS & H SAGE-BERRIOS	RESIDENTIAL	$230,200	93 ft
1034 29TH AVE N E MINNEAPOLIS MN 55418	FLORENCE MILLER	RESIDENTIAL	$204,100	103 ft
2830 TAYLOR ST N E MINNEAPOLIS MN 55418	T G MACNEAL & A E WRIGHT	RESIDENTIAL	$398,400	138 ft
1016 29TH AVE N E MINNEAPOLIS MN 55418	ANA LUISA ECHEVERRIA	RESIDENTIAL	$296,600	143 ft
2826 TAYLOR ST N E MINNEAPOLIS MN 55418	S K HAZEN & C E DISCH	RESIDENTIAL	$379,900	184 ft

Property History

Most Recent Sale

Date201012

Price$139,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,357