2240 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924310173

Property Overview

Parcel ID1202924310173

Lot Size4,985 sq ft (0.114 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerR H ZUTZ & S E PACKARD ZUTZ

Assessed Value$404,700

Land Value$114,000

Building Value$290,700

Annual Tax$6,123

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $9K total declared value · Most recent: May 2026 (existres)

ExistresMay 2026Inspection

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResSep 2024Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

MiscMar 2020Closed

$9K

RENEWAL BY ANDERSEN 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth85 ft

Area~2,538 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 2,538 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2242 PIERCE ST N E MINNEAPOLIS MN 55418	KAITLIN KORLESKI	RESIDENTIAL	$271,200	40 ft
2236 PIERCE ST N E MINNEAPOLIS MN 55418	PIERCE ST RENTALS LLC	RESIDENTIAL-TWO UNIT	$350,100	40 ft
2246 PIERCE ST N E MINNEAPOLIS MN 55418	LUIS A SIBRI ET AL	RESIDENTIAL-TWO UNIT	$325,400	80 ft
2232 PIERCE ST N E MINNEAPOLIS MN 55418	JAMES P STORM	RESIDENTIAL-TWO UNIT	$356,600	80 ft
2250 PIERCE ST N E MINNEAPOLIS MN 55418	STEPHEN D JUNKER	RESIDENTIAL-TWO UNIT	$292,500	120 ft
2228 PIERCE ST N E MINNEAPOLIS MN 55418	K A JOHNSON & B E ROEHRDANZ	RESIDENTIAL	$262,600	120 ft
2235 FILLMORE ST N E MINNEAPOLIS MN 55418	CHAD M LOUSHIN	RESIDENTIAL-TWO UNIT	$434,300	139 ft
2231 FILLMORE ST N E MINNEAPOLIS MN 55418	ERICA EGGE	RESIDENTIAL-TWO UNIT	$475,300	143 ft
2239 FILLMORE ST N E MINNEAPOLIS MN 55418	D E SANDERS & H R SANDERS	RESIDENTIAL	$340,800	152 ft
2224 PIERCE ST N E MINNEAPOLIS MN 55418	ANTHONY L EFTERFIELD	RESIDENTIAL-TWO UNIT	$321,400	160 ft

Property History

Most Recent Sale

Date198406

Price$62,250

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,123