1101 24TH AVE N E MINNEAPOLIS MN 55418

PID: 1202924320010

Property Overview

Parcel ID1202924320010

Lot Size6,365 sq ft (0.146 ac)

Lot Dimensions (est.)74 ft wide × 86 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerJOSHUA BUCHER

Assessed Value$349,000

Land Value$128,000

Building Value$221,000

Annual Tax$5,191

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

No permits found in Minneapolis open data for this parcel.

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

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 width61 ft

Buildable depth46 ft

Area~2,809 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 2,809 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1107 24TH AVE N E MINNEAPOLIS MN 55418	NATALIE HANNIGAN	RESIDENTIAL	$284,700	58 ft
2409 TAYLOR ST N E MINNEAPOLIS MN 55418	M K T PETERSON/N D PETERSON	TRIPLEX	$276,100	78 ft
1111 24TH AVE N E MINNEAPOLIS MN 55418	OKSANA KHARCHENKO	RESIDENTIAL	$314,400	101 ft
2413 TAYLOR ST N E MINNEAPOLIS MN 55418	MARCELINO CARMONA	RESIDENTIAL-TWO UNIT	$376,300	116 ft
1100 24TH AVE N E MINNEAPOLIS MN 55418	MARTIN MORENO	RESIDENTIAL	$230,200	145 ft
1104 24TH AVE N E MINNEAPOLIS MN 55418	C THOMAS & A MURRAY-STARK	RESIDENTIAL	$330,100	146 ft
2404 TAYLOR ST N E MINNEAPOLIS MN 55418	BRUZER PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$322,000	147 ft
1108 24TH AVE N E MINNEAPOLIS MN 55418	CITY OF LAKES COMM LAND TRST	RESIDENTIAL	$206,100	157 ft
1115 24TH AVE N E MINNEAPOLIS MN 55418	SCOTT MARTAIN & GRETA HOLL	RESIDENTIAL	$260,700	161 ft
2419 TAYLOR ST N E MINNEAPOLIS MN 55418	RAE HEITKAMP & JOSEPH MURPHY	RESIDENTIAL	$268,600	161 ft

Property History

Most Recent Sale

Date202405

Price$331,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,191