2300 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924310085

Property Overview

Parcel ID1202924310085

Lot Size4,252 sq ft (0.098 ac)

Lot Dimensions (est.)92 ft wide × 46 ft deep

Year Built1907

Property ClassRESIDENTIAL-TWO UNIT

OwnerERIC CARLSON

Assessed Value$436,100

Land Value$104,000

Building Value$332,100

Annual Tax$6,649

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2017 · $10K total declared value · Most recent: Mar 2022 (res)

ResMar 2022Closed

CenterPoint Energy Resource Corp

ResMar 2022Closed

CenterPoint Energy Resource Corp

MiscMay 2017Closed

$10K

KAT CONSTRUCTION LLC

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 width79 ft

Buildable depth6 ft

Area~1,724 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 1,724 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2306 PIERCE ST N E MINNEAPOLIS MN 55418	J G WARREN & T A ANDERSON	RESIDENTIAL	$354,100	50 ft
1213 23RD AVE N E MINNEAPOLIS MN 55418	D J ANNETT & J L HULTGREN	RESIDENTIAL	$276,600	71 ft
1211 23RD AVE N E MINNEAPOLIS MN 55418	MAGRUDER 2023 TRUST	RESIDENTIAL-TWO UNIT	$191,300	102 ft
2310 PIERCE ST N E MINNEAPOLIS MN 55418	DIANE A HORNEBER	RESIDENTIAL	$273,300	103 ft
2254 PIERCE ST N E MINNEAPOLIS MN 55418	HENNEPIN RP FUNDING LLC	RESIDENTIAL	$299,100	106 ft
1214 23RD AVE N E MINNEAPOLIS MN 55418	OLIVER JOHN TSCHIMPERLE	RESIDENTIAL	$236,700	116 ft
2250 PIERCE ST N E MINNEAPOLIS MN 55418	STEPHEN D JUNKER	RESIDENTIAL-TWO UNIT	$292,500	148 ft
2314 PIERCE ST N E MINNEAPOLIS MN 55418	M MCINNIS & M MORGAN	RESIDENTIAL	$347,100	152 ft
2307 FILLMORE ST N E MINNEAPOLIS MN 55418	MARTIN B MEIER	RESIDENTIAL	$313,000	159 ft
2301 FILLMORE ST N E MINNEAPOLIS MN 55418	SCHYLER WOOD	RESIDENTIAL	$316,000	168 ft

Property History

Most Recent Sale

Date199910

Price$95,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,649