2018 TAYLOR ST N E MINNEAPOLIS MN 55418

PID: 1202924330024

Property Overview

Parcel ID1202924330024

Lot Size4,943 sq ft (0.113 ac)

Lot Dimensions (est.)115 ft wide × 43 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerDOUGLAS CARLSON/SARAH SONDAY

Assessed Value$302,000

Land Value$113,000

Building Value$189,000

Annual Tax$4,403

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width33 ft

Buildable depth75 ft

Area~2,472 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 2,472 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
2022 TAYLOR ST N E MINNEAPOLIS MN 55418	BRUCE HAROLD BRUHJELL	RESIDENTIAL-TWO UNIT	$355,200	43 ft
2014 TAYLOR ST N E MINNEAPOLIS MN 55418	V RICHFIELD & G W PARIKH	RESIDENTIAL	$418,900	73 ft
2026 TAYLOR ST N E MINNEAPOLIS MN 55418	D L GALLAGHER/D L GALLAGHER	RESIDENTIAL-TWO UNIT	$415,800	85 ft
1022 22ND AVE N E MINNEAPOLIS MN 55418	REBECCA CAHILL	RESIDENTIAL	$228,000	86 ft
2010 TAYLOR ST N E MINNEAPOLIS MN 55418	ESSAID SLIMANI	RESIDENTIAL	$242,300	87 ft
1018 22ND AVE N E MINNEAPOLIS MN 55418	KEVIN ALLEN REICH	RESIDENTIAL	$300,300	119 ft
2004 TAYLOR ST N E MINNEAPOLIS MN 55418	CHRISTIAN C NELSON	RESIDENTIAL	$221,600	129 ft
1016 22ND AVE N E MINNEAPOLIS MN 55418	M L HANSON & K M HANSON	RESIDENTIAL	$248,700	156 ft
1027 20TH AVE N E MINNEAPOLIS MN 55418	CHRISTIAN THOMAS BUBSER ETAL	RESIDENTIAL	$392,600	165 ft
1021 20TH AVE N E MINNEAPOLIS MN 55418	RITA LYNN	RESIDENTIAL	$196,000	187 ft

Property History

Most Recent Sale

Date201312

Price$86,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,403