2529 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 1202924240093

Property Overview

Parcel ID1202924240093

Lot Size6,523 sq ft (0.150 ac)

Lot Dimensions (est.)125 ft wide × 52 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerJESSICA YONKE/ADAM SLAVENS

Assessed Value$405,700

Land Value$125,000

Building Value$280,700

Annual Tax$6,140

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

2 permits on record since 2017 · $10K total declared value · Most recent: Feb 2022 (res)

ResFeb 2022Closed

CenterPoint Energy Resource Corp

MiscMay 2017Closed

$10K

LEXINGTON ROOFING AND REMODELING

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 width43 ft

Buildable depth83 ft

Area~3,583 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 3,583 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2535 BUCHANAN ST N E MINNEAPOLIS MN 55418	ROBERT C PROKOPIUK	RESIDENTIAL	$292,800	45 ft
2523 BUCHANAN ST N E MINNEAPOLIS MN 55418	MARTHA MAENDEL	RESIDENTIAL	$342,600	54 ft
2539 BUCHANAN ST N E MINNEAPOLIS MN 55418	CHARLES P JUDE	RESIDENTIAL	$344,100	81 ft
2519 BUCHANAN ST N E MINNEAPOLIS MN 55418	A J MEIDL & J A MEIDL	RESIDENTIAL	$321,900	107 ft
2543 BUCHANAN ST N E MINNEAPOLIS MN 55418	ANGELICA MONTANEZ	RESIDENTIAL	$348,100	123 ft
2528 LINCOLN ST N E MINNEAPOLIS MN 55418	JAMES DAVID/MICHELE MORRISON	RESIDENTIAL-TWO UNIT	$328,900	140 ft
2526 LINCOLN ST N E MINNEAPOLIS MN 55418	STEVEN ROBBINS	RESIDENTIAL	$258,100	141 ft
2534 LINCOLN ST N E MINNEAPOLIS MN 55418	ERNEST J LEPORE TRUST AGR	RESIDENTIAL-TWO UNIT	$377,100	154 ft
2522 LINCOLN ST N E MINNEAPOLIS MN 55418	MANUEL C PALCHIZACA PINQUIL	RESIDENTIAL-TWO UNIT	$345,100	154 ft
2515 BUCHANAN ST N E MINNEAPOLIS MN 55418	ROBERT S LOKEN	RESIDENTIAL-TWO UNIT	$410,700	156 ft

Property History

Most Recent Sale

Date201706

Price$310,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,140