1110 23RD AVE N E MINNEAPOLIS MN 55418

PID: 1202924320058

Property Overview

Parcel ID1202924320058

Lot Size8,077 sq ft (0.185 ac)

Lot Dimensions (est.)95 ft wide × 85 ft deep

Year Built1903

Property ClassTRIPLEX

OwnerJ M SCOTT & S A SCOTT

Assessed Value$491,300

Land Value$141,000

Building Value$350,300

Annual Tax$9,330

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 ↗

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

1 permit on record since 2022 · Most recent: Apr 2022 (res)

ResApr 2022Closed

CenterPoint Energy Resource 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 width85 ft

Buildable depth45 ft

Area~3,831 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 3,831 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1114 23RD AVE N E MINNEAPOLIS MN 55418	CHERECH D ALLAM	RESIDENTIAL	$211,400	71 ft
2219 TAYLOR ST N E MINNEAPOLIS MN 55418	J A VOGEL & M J MOSEDALE	RESIDENTIAL	$295,400	72 ft
2225 TAYLOR ST N E MINNEAPOLIS MN 55418	STEVEN & PENELOPE HINDERAKER	RESIDENTIAL	$407,000	80 ft
2213 TAYLOR ST N E MINNEAPOLIS MN 55418	RAYMOND GREEVERS	RESIDENTIAL-TWO UNIT	$425,300	112 ft
1118 23RD AVE N E MINNEAPOLIS MN 55418	DARREN BOUTON	RESIDENTIAL-TWO UNIT	$302,900	116 ft
2218 FILLMORE ST N E MINNEAPOLIS MN 55418	L G GUTHRIE & R DA SILVA	RESIDENTIAL-TWO UNIT	$455,000	145 ft
2209 TAYLOR ST N E MINNEAPOLIS MN 55418	H NGUYEN & T NGUYEN ET AL	RESIDENTIAL-TWO UNIT	$494,500	154 ft
1122 23RD AVE N E MINNEAPOLIS MN 55418	C AUCAPINA & R AUCAPINA	RESIDENTIAL	$294,900	159 ft
1109 23RD AVE N E MINNEAPOLIS MN 55418	W RUELLE & A F RUELLE	RESIDENTIAL	$283,800	163 ft
2214 FILLMORE ST N E MINNEAPOLIS MN 55418	J T KLEINMAN & V L KLEINMAN	RESIDENTIAL	$329,900	168 ft

Property History

Current Tax Year

Year2026

Tax Due$9,330