1031 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1202924320111

Property Overview

Parcel ID1202924320111

Lot Size5,598 sq ft (0.129 ac)

Lot Dimensions (est.)40 ft wide × 138 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerGREGORY S MARTIN

Assessed Value$389,300

Land Value$121,000

Building Value$268,300

Annual Tax$5,865

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2019 · Most recent: Apr 2022 (res)

ResApr 2022Closed

CenterPoint Energy Resource Corp

ResSep 2019Closed

TJK PLUMBING 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

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 depth98 ft

Area~2,698 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 2,698 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1029 22ND AVE N E MINNEAPOLIS MN 55418	DEBORAH E MICKLEY	RESIDENTIAL-TWO UNIT	$344,600	40 ft
1025 22ND AVE N E MINNEAPOLIS MN 55418	JERMAINE FRITZSCOTT	RESIDENTIAL-TWO UNIT	$539,700	80 ft
1021 22ND AVE N E MINNEAPOLIS MN 55418	DANIEL HOOLIHAN	RESIDENTIAL-TWO UNIT	$355,200	120 ft
2026 TAYLOR ST N E MINNEAPOLIS MN 55418	D L GALLAGHER/D L GALLAGHER	RESIDENTIAL-TWO UNIT	$415,800	156 ft
1019 22ND AVE N E MINNEAPOLIS MN 55418	22ND AVE RENTALS LLC	RESIDENTIAL-TWO UNIT	$397,500	159 ft
1030 23RD AVE N E MINNEAPOLIS MN 55418	CROL L URNESS	RESIDENTIAL-TWO UNIT	$485,400	160 ft
1026 23RD AVE N E MINNEAPOLIS MN 55418	ADAM J FROEHLING	RESIDENTIAL-TWO UNIT	$352,800	165 ft
1022 23RD AVE N E MINNEAPOLIS MN 55418	ROBERT W RANDOLPH	RESIDENTIAL	$164,000	178 ft
2207 TAYLOR ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	180 ft
2209 TAYLOR ST N E MINNEAPOLIS MN 55418	H NGUYEN & T NGUYEN ET AL	RESIDENTIAL-TWO UNIT	$494,500	184 ft

Property History

Most Recent Sale

Date201911

Price$342,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,865