1025 24TH AVE N E MINNEAPOLIS MN 55418

PID: 1202924320122

Property Overview

Parcel ID1202924320122

Lot Size7,194 sq ft (0.165 ac)

Lot Dimensions (est.)60 ft wide × 119 ft deep

Year Built1976

Property ClassRESIDENTIAL-TWO UNIT

OwnerM J BRUNNETTE/L-A BRUNNETTE

Assessed Value$445,100

Land Value$133,000

Building Value$312,100

Annual Tax$8,672

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 2016 · Most recent: Apr 2017 (res)

ResApr 2017Expired

CASTLE MECHANICAL LLC

ExistresDec 2016Closed

SUNBURST HEATING AND AIR CONDITIONING 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 width50 ft

Buildable depth80 ft

Area~3,997 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 3,997 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
2404 TAYLOR ST N E MINNEAPOLIS MN 55418	BRUZER PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$322,000	60 ft
1021 24TH AVE N E MINNEAPOLIS MN 55418	D A RAU & L J RAU	RESIDENTIAL-TWO UNIT	$455,400	60 ft
2410 TAYLOR ST N E MINNEAPOLIS MN 55418	IAN HACKMAN	RESIDENTIAL-TWO UNIT	$426,100	90 ft
1015 24TH AVE N E MINNEAPOLIS MN 55418	JAMIE E LARSON	RESIDENTIAL	$306,200	128 ft
2414 TAYLOR ST N E MINNEAPOLIS MN 55418	DEBRA SUSAN PETERSON TRUSTEE	RESIDENTIAL-TWO UNIT	$498,400	150 ft
1011 24TH AVE N E MINNEAPOLIS MN 55418	J L STOROVICH & R C LEHMAN	RESIDENTIAL	$193,800	165 ft
1026 24TH AVE N E MINNEAPOLIS MN 55418	D ROTONDO & M ROTONDO	RESIDENTIAL	$215,700	165 ft
1028 24TH AVE N E MINNEAPOLIS MN 55418	CHLOE LAMERSON TRUST ET AL	RESIDENTIAL	$313,100	168 ft
1020 24TH AVE N E MINNEAPOLIS MN 55418	MICHAEL JOSEPH CASSERLY	RESIDENTIAL-TWO UNIT	$366,900	174 ft
1030 24TH AVE N E MINNEAPOLIS MN 55418	TERRY HORSTMAN	RESIDENTIAL	$372,500	178 ft

Property History

Most Recent Sale

Date202007

Price$440,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,672