2317 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 1202924310042

Property Overview

Parcel ID1202924310042

Lot Size6,225 sq ft (0.143 ac)

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

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

Owner2317 BUCHANAN LLC

Assessed Value$347,300

Land Value$126,000

Building Value$221,300

Annual Tax$8,250

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $20K total declared value · Most recent: Dec 2022 (misc)

MiscDec 2022Closed

$7K

Minnesota Rusco Inc

MiscNov 2022Expired

$13K

Minnesota Rusco Inc

ResJan 2019Closed

CenterPoint Energy Resource Corp

ResJan 2019Closed

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth85 ft

Area~3,380 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 3,380 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
2315 BUCHANAN ST N E MINNEAPOLIS MN 55418	D E HANSEN & S M WILLIAMS	RESIDENTIAL-TWO UNIT	$361,200	50 ft
2323 BUCHANAN ST N E MINNEAPOLIS MN 55418	K P JOYCE & S M ANDERSON	RESIDENTIAL	$344,100	50 ft
2309 BUCHANAN ST N E MINNEAPOLIS MN 55418	S J PANKRATZ & T S PANKRATZ	RESIDENTIAL-TWO UNIT	$438,200	100 ft
2401 BUCHANAN ST N E MINNEAPOLIS MN 55418	LYNN S HALL	RESIDENTIAL-TWO UNIT	$360,200	100 ft
2318 LINCOLN ST N E MINNEAPOLIS MN 55418	ALLISON WEBER KUNZ FORBES	RESIDENTIAL	$381,100	138 ft
2305 BUCHANAN ST N E MINNEAPOLIS MN 55418	JAMIE P WATSON	VACANT LAND-RESIDENTIAL	$3,000	146 ft
2322 LINCOLN ST N E MINNEAPOLIS MN 55418	GREG W & MARCIE L BENUSA	RESIDENTIAL	$330,000	147 ft
2314 LINCOLN ST N E MINNEAPOLIS MN 55418	IBRAHIM AHMED	RESIDENTIAL	$358,300	147 ft
2407 BUCHANAN ST N E MINNEAPOLIS MN 55418	ARMAN VATANI-OSKOOI	TRIPLEX	$562,300	150 ft
2308 LINCOLN ST N E MINNEAPOLIS MN 55418	N D PEDERSON & H L MALONE	RESIDENTIAL	$276,400	170 ft

Property History

Most Recent Sale

Date202410

Price$333,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,250