2318 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924310080

Property Overview

Parcel ID1202924310080

Lot Size6,579 sq ft (0.151 ac)

Lot Dimensions (est.)131 ft wide × 50 ft deep

Year Built1905

Property ClassRESIDENTIAL-TWO UNIT

OwnerAMANDA DURHMAN

Assessed Value$374,300

Land Value$129,000

Building Value$245,300

Annual Tax$5,613

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $33K total declared value · Most recent: Apr 2021 (existres)

ExistresApr 2021Closed

CENTERPOINT ENERGY

ExistresJul 2019Closed

Aaztec Heating and Air Conditioning Inc

ResMay 2019Closed

Boy's Plumbing Inc

RemodelMay 2019Closed

$33K

Amanda Durhman

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 depth92 ft

Area~3,662 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 3,662 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2322 PIERCE ST N E MINNEAPOLIS MN 55418	STEPHANIE VOLANTE	RESIDENTIAL-TWO UNIT	$433,200	50 ft
2314 PIERCE ST N E MINNEAPOLIS MN 55418	M MCINNIS & M MORGAN	RESIDENTIAL	$347,100	50 ft
2402 PIERCE ST N E MINNEAPOLIS MN 55418	BENJAMIN D KERN ET AL	RESIDENTIAL-TWO UNIT	$380,200	100 ft
2310 PIERCE ST N E MINNEAPOLIS MN 55418	DIANE A HORNEBER	RESIDENTIAL	$273,300	100 ft
2319 FILLMORE ST N E MINNEAPOLIS MN 55418	SHARON FEINER/TIMOTHY LARSON	RESIDENTIAL	$603,000	131 ft
2321 FILLMORE ST N E MINNEAPOLIS MN 55418	ABHISHEK GOHIL	RESIDENTIAL	$617,700	138 ft
2313 FILLMORE ST N E MINNEAPOLIS MN 55418	M T MATASOVSKY & L M JUNGE	APARTMENT	$592,000	141 ft
2406 PIERCE ST N E MINNEAPOLIS MN 55418	ANDREJS VAPE III	RESIDENTIAL-TWO UNIT	$331,900	150 ft
2306 PIERCE ST N E MINNEAPOLIS MN 55418	J G WARREN & T A ANDERSON	RESIDENTIAL	$354,100	152 ft
2401 FILLMORE ST N E MINNEAPOLIS MN 55418	ARMAN H VATANI-OSKOOI	RESIDENTIAL-TWO UNIT	$324,900	154 ft

Property History

Most Recent Sale

Date201504

Price$124,400

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,613