2533 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924240025

Property Overview

Parcel ID1202924240025

Lot Size4,744 sq ft (0.109 ac)

Lot Dimensions (est.)128 ft wide × 37 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerL J HAMANN & R A P LEONCI

Assessed Value$328,800

Land Value$108,000

Building Value$220,800

Annual Tax$5,090

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $14K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$14K

Midwest Exteriors MN

ResJan 2023Closed

CenterPoint Energy Resource Corp

ResFeb 2021Closed

MN Plumbing & Home Services INC

ExistresMar 2019Closed

Farr Plumbing and Heating LLC

ExistresMar 2017Closed

Residential Heating and Air Conditioning 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 width27 ft

Buildable depth88 ft

Area~2,382 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 2,382 sqft buildable area.

Est. units

Yield on cost

1.5%

Spread

-4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2531 PIERCE ST N E MINNEAPOLIS MN 55418	PIERCE ST ENTERPRISES LLC	RESIDENTIAL-TWO UNIT	$278,400	37 ft
2537 PIERCE ST N E MINNEAPOLIS MN 55418	JENNIFER GWYN RIZER	RESIDENTIAL	$246,800	37 ft
2529 PIERCE ST N E MINNEAPOLIS MN 55418	JOHN J METHOD	RESIDENTIAL	$265,600	74 ft
2539 PIERCE ST N E MINNEAPOLIS MN 55418	PIERCE LLC	RESIDENTIAL-TWO UNIT	$324,500	74 ft
2543 PIERCE ST N E MINNEAPOLIS MN 55418	JANELLE MCGRATH	RESIDENTIAL-TWO UNIT	$334,900	111 ft
2525 PIERCE ST N E MINNEAPOLIS MN 55418	CAROLINE A CASEY	RESIDENTIAL	$363,200	111 ft
2532 BUCHANAN ST N E MINNEAPOLIS MN 55418	HOWARD & PAULINE DUPRE TRS	RESIDENTIAL	$256,800	138 ft
2536 BUCHANAN ST N E MINNEAPOLIS MN 55418	GREGORY GROEBNER	RESIDENTIAL-TWO UNIT	$418,700	143 ft
2530 BUCHANAN ST N E MINNEAPOLIS MN 55418	J BATES & J T BATES	RESIDENTIAL	$397,700	143 ft
2545 PIERCE ST N E MINNEAPOLIS MN 55418	L C TORRES & M PAAVOLA	RESIDENTIAL	$292,800	148 ft

Property History

Most Recent Sale

Date202503

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,090