1115 24TH AVE N E MINNEAPOLIS MN 55418

PID: 1202924320007

Property Overview

Parcel ID1202924320007

Lot Size3,216 sq ft (0.074 ac)

Lot Dimensions (est.)75 ft wide × 43 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerSCOTT MARTAIN & GRETA HOLL

Assessed Value$260,700

Land Value$89,000

Building Value$171,700

Annual Tax$3,711

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2018 · Most recent: Feb 2022 (res)

ResFeb 2022Closed

CenterPoint Energy Resource Corp

ExistresOct 2018Closed

DNA HEATING AND COOLING

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

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 width65 ft

Buildable depth3 ft

Area~199 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 199 sqft buildable area.

Est. units

Yield on cost

7.4%

Spread

+1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1111 24TH AVE N E MINNEAPOLIS MN 55418	OKSANA KHARCHENKO	RESIDENTIAL	$314,400	63 ft
2406 FILLMORE ST N E MINNEAPOLIS MN 55418	THOMAS J DYRDAHL	RESIDENTIAL-TWO UNIT	$402,600	64 ft
2400 FILLMORE ST N E MINNEAPOLIS MN 55418	RIVER & RAIL PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$356,900	84 ft
2410 FILLMORE ST N E MINNEAPOLIS MN 55418	DRIVER PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$372,300	98 ft
1107 24TH AVE N E MINNEAPOLIS MN 55418	NATALIE HANNIGAN	RESIDENTIAL	$284,700	104 ft
1114 24TH AVE N E MINNEAPOLIS MN 55418	MARY BOVE & JOSEPH BOVE	RESIDENTIAL	$161,000	108 ft
1120 24TH AVE N E MINNEAPOLIS MN 55418	BRYAN KRIEGER & L KRIEGER	RESIDENTIAL	$260,800	110 ft
1112 24TH AVE N E MINNEAPOLIS MN 55418	CHINYERE VERNA OKWULEHIE	RESIDENTIAL	$251,800	136 ft
2414 FILLMORE ST N E MINNEAPOLIS MN 55418	J RYMANOWSKI & T RYMANOWSKI	RESIDENTIAL	$264,800	138 ft
2338 FILLMORE ST N E MINNEAPOLIS MN 55418	ANTHONY HOWARD	RESIDENTIAL-TWO UNIT	$363,700	139 ft

Property History

Most Recent Sale

Date201812

Price$235,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,711