2406 LINCOLN ST N E MINNEAPOLIS MN 55418

PID: 1202924310029

Property Overview

Parcel ID1202924310029

Lot Size6,223 sq ft (0.143 ac)

Lot Dimensions (est.)124 ft wide × 50 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerBRADY MILLER

Assessed Value$404,500

Land Value$129,000

Building Value$275,500

Annual Tax$6,120

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · Most recent: Mar 2022 (res)

ResMar 2022Closed

CenterPoint Energy Resource Corp

ResMar 2022Closed

CenterPoint Energy Resource Corp

ExistresMay 2020Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

ResAug 2018Closed

AMERICAN EAGLE PLUMBING INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 width40 ft

Buildable depth84 ft

Area~3,378 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 3,378 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
2410 LINCOLN ST N E MINNEAPOLIS MN 55418	BRUCE STEVEN BLUMENTHAL	RESIDENTIAL-TWO UNIT	$384,100	50 ft
2402 LINCOLN ST N E MINNEAPOLIS MN 55418	DAVID BEHM & EMILY ANN HOLTZ	RESIDENTIAL	$361,700	50 ft
2414 LINCOLN ST N E MINNEAPOLIS MN 55418	D E HANSEN & S M WILLIAMS	RESIDENTIAL-TWO UNIT	$431,700	100 ft
2322 LINCOLN ST N E MINNEAPOLIS MN 55418	GREG W & MARCIE L BENUSA	RESIDENTIAL	$330,000	100 ft
2407 BUCHANAN ST N E MINNEAPOLIS MN 55418	ARMAN VATANI-OSKOOI	TRIPLEX	$562,300	138 ft
2401 BUCHANAN ST N E MINNEAPOLIS MN 55418	LYNN S HALL	RESIDENTIAL-TWO UNIT	$360,200	147 ft
2411 BUCHANAN ST N E MINNEAPOLIS MN 55418	MATTHEW LINDQUIST	RESIDENTIAL-TWO UNIT	$508,400	147 ft
2416 LINCOLN ST N E MINNEAPOLIS MN 55418	RONALD BONDEN	RESIDENTIAL-TWO UNIT	$423,800	150 ft
2318 LINCOLN ST N E MINNEAPOLIS MN 55418	ALLISON WEBER KUNZ FORBES	RESIDENTIAL	$381,100	150 ft
2415 BUCHANAN ST N E MINNEAPOLIS MN 55418	MICHAEL T & KIMBERLY R LANGE	RESIDENTIAL	$381,000	170 ft

Property History

Most Recent Sale

Date202405

Price$440,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,120