2656 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 1202924240049

Property Overview

Parcel ID1202924240049

Lot Size3,823 sq ft (0.088 ac)

Lot Dimensions (est.)91 ft wide × 42 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerP C PRICE & T W OVERHOLT

Assessed Value$286,900

Land Value$98,000

Building Value$188,900

Annual Tax$4,710

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $12K total declared value · Most recent: Aug 2023 (misc)

MiscAug 2023Closed

$10K

STERLING CONCEPTS LLC

ResFeb 2022Closed

CenterPoint Energy Resource Corp

MiscJun 2018Expired

$2K

RESTORELINE INC

ExistresMay 2017Closed

Midland HVAC 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width78 ft

Buildable depth2 ft

Area~1,478 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 1,478 sqft buildable area.

Est. units

Yield on cost

2.3%

Spread

-3.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2652 BUCHANAN ST N E MINNEAPOLIS MN 55418	A STARZINSKI/D T STARZINSKI	RESIDENTIAL	$317,000	42 ft
1312 27TH AVE N E MINNEAPOLIS MN 55418	A KEITA/A KEITA/K BARANCZYK	RESIDENTIAL	$352,100	81 ft
2648 BUCHANAN ST N E MINNEAPOLIS MN 55418	ZACHARY SOFTICH	RESIDENTIAL	$334,400	88 ft
1308 27TH AVE N E MINNEAPOLIS MN 55418	JO DOIG	RESIDENTIAL	$281,200	119 ft
1319 27TH AVE N E MINNEAPOLIS MN 55418	CHRISTOPHER T HENNEN	RESIDENTIAL	$311,200	137 ft
2644 BUCHANAN ST N E MINNEAPOLIS MN 55418	ERIC OLSON	RESIDENTIAL	$366,500	137 ft
2700 BUCHANAN ST N E MINNEAPOLIS MN 55418	MATTHEW B BERG	RESIDENTIAL	$252,700	139 ft
1400 27TH AVE N E MINNEAPOLIS MN 55418	CINDY S THOMPSON	RESIDENTIAL	$294,400	142 ft
1315 27TH AVE N E MINNEAPOLIS MN 55418	NATHAN DEFRANCE	RESIDENTIAL	$186,300	148 ft
2657 PIERCE ST N E MINNEAPOLIS MN 55418	TARA M KIEFFER	RESIDENTIAL	$260,900	177 ft

Property History

Most Recent Sale

Date201805

Price$245,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,710