2414 BUCHANAN ST N E MINNEAPOLIS MN 55418

PID: 1202924310054

Property Overview

Parcel ID1202924310054

Lot Size7,221 sq ft (0.166 ac)

Lot Dimensions (est.)124 ft wide × 58 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerH SIASOCO/A W R SIASOCO III

Assessed Value$365,100

Land Value$134,000

Building Value$231,100

Annual Tax$5,493

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

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

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 width48 ft

Buildable depth84 ft

Area~4,054 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 3-story wood frame (5–12 units) benchmarks for 4,054 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2408 BUCHANAN ST N E MINNEAPOLIS MN 55418	ADAM M ROACH	RESIDENTIAL-TWO UNIT	$359,700	50 ft
1318 LOWRY AVE N E MINNEAPOLIS MN 55418	CHRISTOPHER BORGERDING	RESIDENTIAL	$260,000	78 ft
1322 LOWRY AVE N E MINNEAPOLIS MN 55418	NICHOLAS GALLI & EVAN DOYLE	RESIDENTIAL-TWO UNIT	$359,900	88 ft
1314 LOWRY AVE N E MINNEAPOLIS MN 55418	AVALON D MORTEK	RESIDENTIAL	$261,200	88 ft
2406 BUCHANAN ST N E MINNEAPOLIS MN 55418	COLIN JOHN SILVER	RESIDENTIAL	$401,800	96 ft
2415 PIERCE ST N E MINNEAPOLIS MN 55418	CHRISTOPHER P MITCHUM	RESIDENTIAL	$346,300	138 ft
2400 BUCHANAN ST N E MINNEAPOLIS MN 55418	RAYMOND A FREELS	RESIDENTIAL	$286,500	146 ft
2409 PIERCE ST N E MINNEAPOLIS MN 55418	BENJAMIN D KERN	RESIDENTIAL-TWO UNIT	$293,600	146 ft
1300 LOWRY AVE N E MINNEAPOLIS MN 55418	EXALTING CHRIST CH BLDG LLC	COMMERCIAL-PREFERRED	$0	158 ft
2405 PIERCE ST N E MINNEAPOLIS MN 55418	DANIAL A MULARONI	TRIPLEX	$545,100	169 ft

Property History

Most Recent Sale

Date201507

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,493