2614 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924240004

Property Overview

Parcel ID1202924240004

Lot Size5,073 sq ft (0.116 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerA PENDLETON & W HANSON

Assessed Value$291,900

Land Value$115,000

Building Value$176,900

Annual Tax$4,234

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2022 · $6K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Final Inspection

$500

William Hanson

ResJul 2023Closed

MN Plumbing & Home Services INC

ExistresJul 2023Closed

Standard Heating and Air Conditioning Inc

RemodelMay 2023Closed

$5K

Anna Pendleton

ResApr 2023Closed

Bruce Nelson Plumbing and Heating Service Inc

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~2,604 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 2,604 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
2616 PIERCE ST N E MINNEAPOLIS MN 55418	MARTIN TRYGVE FOSSUM	RESIDENTIAL	$311,100	50 ft
1219 26TH AVE N E MINNEAPOLIS MN 55418	CLAIRE ALLEN & DAVID ALLEN	RESIDENTIAL	$402,700	80 ft
1221 26TH AVE N E MINNEAPOLIS MN 55418	S P FAERBER & A S FAERBER	RESIDENTIAL	$379,200	90 ft
1213 26TH AVE N E MINNEAPOLIS MN 55418	MARTHA RENAE BRANDT	RESIDENTIAL	$299,100	91 ft
2624 PIERCE ST N E MINNEAPOLIS MN 55418	IRINA ROSSI & ANDREW SRUBAS	RESIDENTIAL	$317,500	100 ft
2626 PIERCE ST N E MINNEAPOLIS MN 55418	NICOLE SCHMIDT	RESIDENTIAL	$203,900	140 ft
2615 FILLMORE ST N E MINNEAPOLIS MN 55418	T M LUBBERS & A F LUBBERS	RESIDENTIAL	$266,300	140 ft
2619 FILLMORE ST N E MINNEAPOLIS MN 55418	MARTIN E HULTGREN	RESIDENTIAL	$315,300	144 ft
2611 FILLMORE ST N E MINNEAPOLIS MN 55418	RENEE JONES	RESIDENTIAL	$355,000	146 ft
2621 FILLMORE ST N E MINNEAPOLIS MN 55418	ANDREA C ZIMMERMAN	RESIDENTIAL	$308,500	154 ft

Property History

Most Recent Sale

Date202303

Price$312,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,234