1101 23RD AVE N E MINNEAPOLIS MN 55418

PID: 1202924320030

Property Overview

Parcel ID1202924320030

Lot Size4,800 sq ft (0.110 ac)

Lot Dimensions (est.)40 ft wide × 119 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerSTEVEN R SCHWAGEL

Assessed Value$338,700

Land Value$111,000

Building Value$227,700

Annual Tax$5,017

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

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 width27 ft

Buildable depth79 ft

Area~2,160 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 2,160 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1105 23RD AVE N E MINNEAPOLIS MN 55418	ANNA F RUELLE/W BEAU RUELLE	RESIDENTIAL	$339,000	40 ft
1109 23RD AVE N E MINNEAPOLIS MN 55418	W RUELLE & A F RUELLE	RESIDENTIAL	$283,800	96 ft
2315 TAYLOR ST N E MINNEAPOLIS MN 55418	M D HAZARD & A M HAZARD	RESIDENTIAL	$408,700	98 ft
1031 23RD AVE N E MINNEAPOLIS MN 55418	KARLTON L KNUDSON	RESIDENTIAL	$339,500	120 ft
2319 TAYLOR ST N E MINNEAPOLIS MN 55418	JAMES D SCHLOE	RESIDENTIAL-TWO UNIT	$350,000	133 ft
2225 TAYLOR ST N E MINNEAPOLIS MN 55418	STEVEN & PENELOPE HINDERAKER	RESIDENTIAL	$407,000	163 ft
1025 23RD AVE N E MINNEAPOLIS MN 55418	1025 23RD AVE NE LLC	RESIDENTIAL-TWO UNIT	$459,200	165 ft
2323 TAYLOR ST N E MINNEAPOLIS MN 55418	AMANDA HANNIGAN	RESIDENTIAL	$257,000	170 ft
1110 23RD AVE N E MINNEAPOLIS MN 55418	J M SCOTT & S A SCOTT	TRIPLEX	$491,300	186 ft
2327 TAYLOR ST N E MINNEAPOLIS MN 55418	S D NGUYEN & J L NGUYEN	RESIDENTIAL	$265,000	208 ft

Property History

Most Recent Sale

Date199912

Price$79,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,017