1512 LOWRY AVE N E MINNEAPOLIS MN 55418

PID: 1202924310002

Property Overview

Parcel ID1202924310002

Lot Size3,944 sq ft (0.091 ac)

Lot Dimensions (est.)40 ft wide × 98 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerROBERT L LITWINCZAK

Assessed Value$264,300

Land Value$81,000

Building Value$183,300

Annual Tax$4,137

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Windom Park · Minneapolis

Median reported rent1,259/mo

Renter-occupied70.2%

Median home value$289K

Vacancy rate11.6%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1019

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth59 ft

Area~1,759 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 1,759 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2422 JOHNSON ST N E MINNEAPOLIS MN 55418	NANDAN RAGHAVAN	RESIDENTIAL	$350,600	62 ft
2412 JOHNSON ST N E MINNEAPOLIS MN 55418	L WILLIAMS & W HOSBEIN	RESIDENTIAL	$315,200	85 ft
2419 LINCOLN ST N E MINNEAPOLIS MN 55418	JESSCIA L BONDEN MANKING LEE	RESIDENTIAL	$282,000	99 ft
2423 LINCOLN ST N E MINNEAPOLIS MN 55418	NICHOLAS FOX ET AL	RESIDENTIAL	$342,300	99 ft
2415 LINCOLN ST N E MINNEAPOLIS MN 55418	LILY HOSBEIN/WILLIAM HOSBEIN	RESIDENTIAL	$332,000	122 ft
2410 JOHNSON ST N E MINNEAPOLIS MN 55418	MYAH ANDERSON & GRANT MATZ	RESIDENTIAL	$382,900	131 ft
2411 LINCOLN ST N E MINNEAPOLIS MN 55418	N C SCHUETZ & C G EMERICK	RESIDENTIAL	$421,700	158 ft
2502 JOHNSON ST N E MINNEAPOLIS MN 55418	UNION HOME FOR THE AGED	APARTMENT	$0	167 ft
2406 JOHNSON ST N E MINNEAPOLIS MN 55418	TRISTAN SPRINGER	RESIDENTIAL	$349,700	179 ft
2407 LINCOLN ST N E MINNEAPOLIS MN 55418	L & M ZDON	RESIDENTIAL	$404,400	200 ft

Property History

Most Recent Sale

Date198408

Price$72,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,137