2301 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924310063

Property Overview

Parcel ID1202924310063

Lot Size6,087 sq ft (0.140 ac)

Lot Dimensions (est.)124 ft wide × 49 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerERIC A & SHERRI L CHINQUIST

Assessed Value$386,700

Land Value$125,000

Building Value$261,700

Annual Tax$7,344

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

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

ResMar 2022Closed

CenterPoint Energy Resource Corp

ResMar 2022Closed

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 width111 ft

Buildable depth9 ft

Area~3,033 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 3,033 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2307 PIERCE ST N E MINNEAPOLIS MN 55418	RAINER A ISLE	RESIDENTIAL	$319,600	49 ft
2311 PIERCE ST N E MINNEAPOLIS MN 55418	DAVID G SMITH	RESIDENTIAL	$385,200	99 ft
2255 PIERCE ST N E MINNEAPOLIS MN 55418	ERIC & SHERRI CHINQUIST	RESIDENTIAL-TWO UNIT	$343,200	107 ft
2302 BUCHANAN ST N E MINNEAPOLIS MN 55418	PATRICIA ANN MILLER	RESIDENTIAL-TWO UNIT	$417,800	141 ft
2315 PIERCE ST N E MINNEAPOLIS MN 55418	K TYBORSKI & K TYBORSKI	RESIDENTIAL	$450,200	149 ft
2243 PIERCE ST N E MINNEAPOLIS MN 55418	THEERDHA BODDU	RESIDENTIAL-TWO UNIT	$366,200	153 ft
2310 BUCHANAN ST N E MINNEAPOLIS MN 55418	KIM MARIE SCHAFFER	RESIDENTIAL	$265,100	171 ft
2300 PIERCE ST N E MINNEAPOLIS MN 55418	ERIC CARLSON	RESIDENTIAL-TWO UNIT	$436,100	174 ft
2306 PIERCE ST N E MINNEAPOLIS MN 55418	J G WARREN & T A ANDERSON	RESIDENTIAL	$354,100	181 ft
2246 BUCHANAN ST N E MINNEAPOLIS MN 55418	JACK O BABCOCK ETAL	RESIDENTIAL	$386,000	182 ft

Property History

Most Recent Sale

Date200301

Price$215,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,344