2525 TAYLOR ST N E MINNEAPOLIS MN 55418

PID: 1202924230179

Property Overview

Parcel ID1202924230179

Lot Size6,992 sq ft (0.161 ac)

Lot Dimensions (est.)152 ft wide × 46 ft deep

Year Built1965

Property ClassRESIDENTIAL-TWO UNIT

OwnerJULIE A JENSEN

Assessed Value$460,700

Land Value$130,000

Building Value$330,700

Annual Tax$7,060

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

1 permit on record since 2026 · Most recent: Jan 2026 (res)

ResJan 2026Inspection

Patricki Plumbing 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width36 ft

Buildable depth112 ft

Area~4,031 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 4,031 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2523 TAYLOR ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	46 ft
2531 TAYLOR ST N E MINNEAPOLIS MN 55418	MEGAN MILLETT	RESIDENTIAL	$268,900	46 ft
2535 TAYLOR ST N E MINNEAPOLIS MN 55418	MATTHEW W A GRESS	RESIDENTIAL	$495,200	92 ft
2539 TAYLOR ST N E MINNEAPOLIS MN 55418	MATTHEW W GRESS	RESIDENTIAL	$348,100	138 ft
2511 TAYLOR ST N E MINNEAPOLIS MN 55418	STEPPINGSTONE DEVELOPMNT LLC	COMMERCIAL-PREFERRED	$967,000	138 ft
2526 FILLMORE ST N E MINNEAPOLIS MN 55418	MICHAEL A WHITTIER	RESIDENTIAL	$324,000	171 ft
2530 FILLMORE ST N E MINNEAPOLIS MN 55418	ROBYN S TABIBI/DAIN T MEYER	RESIDENTIAL	$501,000	177 ft
2522 FILLMORE ST N E MINNEAPOLIS MN 55418	GLENN A & CHERRY L LAMPI	RESIDENTIAL	$405,200	177 ft
2543 TAYLOR ST N E MINNEAPOLIS MN 55418	M MCCUSKEY & DAVID MCCUSKEY	RESIDENTIAL	$318,900	184 ft
2518 FILLMORE ST N E MINNEAPOLIS MN 55418	ANN DANKO	RESIDENTIAL-TWO UNIT	$389,800	194 ft

Property History

Most Recent Sale

Date202311

Price$510,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,060