1009 23RD AVE N E MINNEAPOLIS MN 55418

PID: 1202924320062

Property Overview

Parcel ID1202924320062

Lot Size7,121 sq ft (0.163 ac)

Lot Dimensions (est.)50 ft wide × 141 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerBRADLEY D KOVACOVICH

Assessed Value$382,600

Land Value$133,000

Building Value$249,600

Annual Tax$5,753

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $21K total declared value · Most recent: Nov 2022 (res)

ResNov 2022Closed

Pipe and Water Plumbing LLC

ResOct 2022Closed

ROTO-ROOTER SERVICES CO

MiscFeb 2021Closed

$9K

Minnesota Rusco Inc

MiscJan 2021Closed

$12K

Minnesota Rusco Inc

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 width40 ft

Buildable depth102 ft

Area~4,098 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 4,098 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1013 23RD AVE N E MINNEAPOLIS MN 55418	A E MYRBO & C B GILLETT	RESIDENTIAL	$342,300	50 ft
1003 23RD AVE N E MINNEAPOLIS MN 55418	MELISSA A GOERGEN	RESIDENTIAL	$377,700	55 ft
2313 POLK ST N E MINNEAPOLIS MN 55418	ERIE T ANDERSON	RESIDENTIAL-TWO UNIT	$298,200	85 ft
2315 POLK ST N E MINNEAPOLIS MN 55418	THOMAS A LEIER REV TRUST AGR	RESIDENTIAL-TWO UNIT	$410,200	95 ft
1001 23RD AVE N E MINNEAPOLIS MN 55418	ELIZABETH ANN MULVIHILL TR	RESIDENTIAL-TWO UNIT	$297,400	97 ft
1019 23RD AVE N E MINNEAPOLIS MN 55418	DONALD JAMES JAMROS	RESIDENTIAL	$411,400	100 ft
2317 POLK ST N E MINNEAPOLIS MN 55418	ANDREW MCCHAIN	RESIDENTIAL-TWO UNIT	$450,500	139 ft
1021 23RD AVE N E MINNEAPOLIS MN 55418	ZACHARY A KRAMER	RESIDENTIAL-TWO UNIT	$385,400	149 ft
2227 POLK ST N E MINNEAPOLIS MN 55418	GEORGE MILBERG	TRIPLEX	$482,100	170 ft
2327 POLK ST N E MINNEAPOLIS MN 55418	BRIDGET A TRAUT	RESIDENTIAL	$516,100	184 ft

Property History

Most Recent Sale

Date202210

Price$375,800

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,753