2306 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924310084

Property Overview

Parcel ID1202924310084

Lot Size4,915 sq ft (0.113 ac)

Lot Dimensions (est.)94 ft wide × 52 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerJ G WARREN & T A ANDERSON

Assessed Value$354,100

Land Value$113,000

Building Value$241,100

Annual Tax$5,275

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $60K total declared value · Most recent: Dec 2025 (remodel)

RemodelDec 2025Inspection

$40K

Spartan, Inc.

ExistresJul 2025Inspection

Standard Heating and Air Conditioning Inc

ResApr 2022Closed

Jim Morrison Plumbing Inc

RemodelMar 2022Closed

$20K

SMC CONSTRUCTION

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 depth58 ft

Area~2,278 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 2,278 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
2300 PIERCE ST N E MINNEAPOLIS MN 55418	ERIC CARLSON	RESIDENTIAL-TWO UNIT	$436,100	50 ft
2310 PIERCE ST N E MINNEAPOLIS MN 55418	DIANE A HORNEBER	RESIDENTIAL	$273,300	54 ft
1213 23RD AVE N E MINNEAPOLIS MN 55418	D J ANNETT & J L HULTGREN	RESIDENTIAL	$276,600	69 ft
2314 PIERCE ST N E MINNEAPOLIS MN 55418	M MCINNIS & M MORGAN	RESIDENTIAL	$347,100	103 ft
1211 23RD AVE N E MINNEAPOLIS MN 55418	MAGRUDER 2023 TRUST	RESIDENTIAL-TWO UNIT	$191,300	112 ft
2307 FILLMORE ST N E MINNEAPOLIS MN 55418	MARTIN B MEIER	RESIDENTIAL	$313,000	150 ft
2318 PIERCE ST N E MINNEAPOLIS MN 55418	AMANDA DURHMAN	RESIDENTIAL-TWO UNIT	$374,300	152 ft
2254 PIERCE ST N E MINNEAPOLIS MN 55418	HENNEPIN RP FUNDING LLC	RESIDENTIAL	$299,100	155 ft
2309 FILLMORE ST N E MINNEAPOLIS MN 55418	CAMBORNE PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$340,800	158 ft
1214 23RD AVE N E MINNEAPOLIS MN 55418	OLIVER JOHN TSCHIMPERLE	RESIDENTIAL	$236,700	162 ft

Property History

Most Recent Sale

Date199711

Price$77,800

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,275