2509 FILLMORE ST N E MINNEAPOLIS MN 55418

PID: 1202924240177

Property Overview

Parcel ID1202924240177

Lot Size4,720 sq ft (0.108 ac)

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

Year Built1912

Property ClassTRIPLEX

OwnerANDREA J ROMANIAK

Assessed Value$420,200

Land Value$108,000

Building Value$312,200

Annual Tax$8,250

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

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 depth88 ft

Area~2,364 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 2,364 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2505 FILLMORE ST N E MINNEAPOLIS MN 55418	P M ATANALIAN/C E ATANALIAN	RESIDENTIAL	$349,200	37 ft
2511 FILLMORE ST N E MINNEAPOLIS MN 55418	EAST AND WEST LLC	RESIDENTIAL	$273,200	37 ft
2515 FILLMORE ST N E MINNEAPOLIS MN 55418	BRIAN LEACH	RESIDENTIAL-TWO UNIT	$339,700	74 ft
2501 FILLMORE ST N E MINNEAPOLIS MN 55418	ROXANNE G JACOBSON	RESIDENTIAL-TWO UNIT	$360,500	76 ft
1213 LOWRY AVE N E MINNEAPOLIS MN 55418	SAM KREBS	RESIDENTIAL-TWO UNIT	$408,000	111 ft
2517 FILLMORE ST N E MINNEAPOLIS MN 55418	ROSELLA STOW	RESIDENTIAL-TWO UNIT	$282,300	111 ft
2508 PIERCE ST N E MINNEAPOLIS MN 55418	FRANK J GASCICH	RESIDENTIAL	$216,000	140 ft
2512 PIERCE ST N E MINNEAPOLIS MN 55418	D J REKSTAD & M L REKSTAD	RESIDENTIAL	$507,000	144 ft
2521 FILLMORE ST N E MINNEAPOLIS MN 55418	L J HOSFIELD & K B YOUNG	RESIDENTIAL	$326,700	147 ft
1217 LOWRY AVE N E MINNEAPOLIS MN 55418	MERCEDES BERGMAN	VACANT LAND-RESIDENTIAL	$60,000	148 ft

Property History

Most Recent Sale

Date199805

Price$105,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,250