2306 LINCOLN ST N E MINNEAPOLIS MN 55418

PID: 1202924310035

Property Overview

Parcel ID1202924310035

Lot Size7,521 sq ft (0.173 ac)

Lot Dimensions (est.)76 ft wide × 99 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerK & P STREED

Assessed Value$516,800

Land Value$139,000

Building Value$377,800

Annual Tax$8,059

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2019 · $20K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$20K

WALKER ROOFING CO

ResMar 2019Expired

CenterPoint Energy Resource Corp

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width63 ft

Buildable depth59 ft

Area~3,098 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 3,098 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1415 23RD AVE N E MINNEAPOLIS MN 55418	DANIEL MICHAEL KAEDDEN	RESIDENTIAL-TWO UNIT	$347,900	62 ft
2308 LINCOLN ST N E MINNEAPOLIS MN 55418	N D PEDERSON & H L MALONE	RESIDENTIAL	$276,400	78 ft
2314 LINCOLN ST N E MINNEAPOLIS MN 55418	IBRAHIM AHMED	RESIDENTIAL	$358,300	126 ft
1411 23RD AVE N E MINNEAPOLIS MN 55418	JAMIE P WATSON	RESIDENTIAL-TWO UNIT	$331,500	128 ft
2305 BUCHANAN ST N E MINNEAPOLIS MN 55418	JAMIE P WATSON	VACANT LAND-RESIDENTIAL	$3,000	129 ft
2246 LINCOLN ST N E MINNEAPOLIS MN 55418	SHAUN KELLY	RESIDENTIAL	$468,600	157 ft
1501 23RD AVE N E MINNEAPOLIS MN 55418	JAMES A BENZ TRUST	RESIDENTIAL-TWO UNIT	$385,800	168 ft
2305 LINCOLN ST N E MINNEAPOLIS MN 55418	D PIECHOTA & E HAUSER	RESIDENTIAL	$529,400	168 ft
1416 23RD AVE N E MINNEAPOLIS MN 55418	SUEANN E WESTPHAL	RESIDENTIAL	$359,100	170 ft
2318 LINCOLN ST N E MINNEAPOLIS MN 55418	ALLISON WEBER KUNZ FORBES	RESIDENTIAL	$381,100	176 ft

Property History

Current Tax Year

Year2026

Tax Due$8,059