2512 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 1202924240155

Property Overview

Parcel ID1202924240155

Lot Size4,561 sq ft (0.105 ac)

Lot Dimensions (est.)124 ft wide × 37 ft deep

Year Built1910

Property ClassRESIDENTIAL-TWO UNIT

OwnerPEDRO DIAZ MONDRAGON

Assessed Value$318,400

Land Value$106,000

Building Value$212,400

Annual Tax$4,678

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

3 permits on record since 2019 · $7K total declared value · Most recent: Feb 2022 (res)

ResFeb 2022Closed

CenterPoint Energy Resource Corp

ResFeb 2022Closed

CenterPoint Energy Resource Corp

MiscMay 2019Closed

$7K

M V P CONSTRUCTION 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width27 ft

Buildable depth83 ft

Area~2,248 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 2,248 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2514 BUCHANAN ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	37 ft
2508 BUCHANAN ST N E MINNEAPOLIS MN 55418	MATTHEW P BRESNAHAN	RESIDENTIAL-TWO UNIT	$495,400	37 ft
2518 BUCHANAN ST N E MINNEAPOLIS MN 55418	K LERDGIDKJON/P LERDGIDKJON	RESIDENTIAL	$329,400	92 ft
1315 LOWRY AVE N E MINNEAPOLIS MN 55418	STEVEN E LANGLIE	RESIDENTIAL	$368,900	98 ft
1323 LOWRY AVE N E MINNEAPOLIS MN 55418	KELLY J CARSON	RESIDENTIAL	$276,900	99 ft
2513 PIERCE ST N E MINNEAPOLIS MN 55418	RILEY BUCK/VERONICA CRANSON	RESIDENTIAL-TWO UNIT	$431,300	139 ft
2509 PIERCE ST N E MINNEAPOLIS MN 55418	DAVID PETERSON	RESIDENTIAL	$391,400	143 ft
1305 LOWRY AVE N E MINNEAPOLIS MN 55418	R A BROWN & R R DUNCAN	RESIDENTIAL-TWO UNIT	$428,700	145 ft
2524 BUCHANAN ST N E MINNEAPOLIS MN 55418	CORVIN BOLL	RESIDENTIAL	$262,800	147 ft
2519 PIERCE ST N E MINNEAPOLIS MN 55418	N PETERSON & K LINDEMAN	RESIDENTIAL	$328,200	156 ft

Property History

Most Recent Sale

Date202512

Price$370,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,678