1015 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1202924320106

Property Overview

Parcel ID1202924320106

Lot Size5,598 sq ft (0.129 ac)

Lot Dimensions (est.)41 ft wide × 138 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerHOWARD G MATTSON TRUST

Assessed Value$266,800

Land Value$121,000

Building Value$145,800

Annual Tax$3,814

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 2022 · Most recent: Apr 2022 (res)

ResApr 2022Closed

CenterPoint Energy Resource Corp

ExistresMar 2022Closed

TEAM MECHANICAL 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 width30 ft

Buildable depth100 ft

Area~2,999 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 2,999 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1019 22ND AVE N E MINNEAPOLIS MN 55418	22ND AVE RENTALS LLC	RESIDENTIAL-TWO UNIT	$397,500	40 ft
1011 22ND AVE N E MINNEAPOLIS MN 55418	JACQUELINE RAY HEIPEL	RESIDENTIAL	$208,700	62 ft
1021 22ND AVE N E MINNEAPOLIS MN 55418	DANIEL HOOLIHAN	RESIDENTIAL-TWO UNIT	$355,200	80 ft
2209 POLK ST N E MINNEAPOLIS MN 55418	BKL INVESTMENTS LTD PTNRSHIP	APARTMENT	$470,000	101 ft
2213 POLK ST N E MINNEAPOLIS MN 55418	EVLU22 LLC	RESIDENTIAL-TWO UNIT	$391,200	119 ft
1025 22ND AVE N E MINNEAPOLIS MN 55418	JERMAINE FRITZSCOTT	RESIDENTIAL-TWO UNIT	$539,700	120 ft
2207 POLK ST N E MINNEAPOLIS MN 55418	WANDA A KERN	TRIPLEX	$517,700	121 ft
2219 POLK ST N E MINNEAPOLIS MN 55418	T CONNERTON & A CONNERTON	RESIDENTIAL	$330,400	145 ft
1029 22ND AVE N E MINNEAPOLIS MN 55418	DEBORAH E MICKLEY	RESIDENTIAL-TWO UNIT	$344,600	160 ft
1010 23RD AVE N E MINNEAPOLIS MN 55418	BENJAMIN BRAMA	APARTMENT	$494,000	160 ft

Property History

Most Recent Sale

Date199110

Price$30,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,814