1104 20TH AVE N E MINNEAPOLIS MN 55418

PID: 1202924330056

Property Overview

Parcel ID1202924330056

Lot Size8,500 sq ft (0.195 ac)

Lot Dimensions (est.)100 ft wide × 85 ft deep

Year Built1967

Property ClassTRIPLEX

OwnerNE HOLDINGS LLC

Assessed Value$467,900

Land Value$142,000

Building Value$325,900

Annual Tax$8,886

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

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 width87 ft

Buildable depth45 ft

Area~3,920 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 3,920 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1919 TAYLOR ST N E MINNEAPOLIS MN 55418	JOHN A ROONEY	RESIDENTIAL-TWO UNIT	$432,600	68 ft
1112 20TH AVE N E MINNEAPOLIS MN 55418	S P FOLTZ & L GARUBANDA	RESIDENTIAL-TWO UNIT	$353,600	75 ft
1915 TAYLOR ST N E MINNEAPOLIS MN 55418	REGGIE & KATHERINE SPANIER	RESIDENTIAL	$349,000	110 ft
2003 TAYLOR ST N E MINNEAPOLIS MN 55418	A ORFEI & K ORFEI	RESIDENTIAL	$490,200	127 ft
1909 TAYLOR ST N E MINNEAPOLIS MN 55418	W C SEDERBERG	RESIDENTIAL	$222,400	152 ft
2005 TAYLOR ST N E MINNEAPOLIS MN 55418	DJ FINANCIAL LLC	RESIDENTIAL-TWO UNIT	$335,800	169 ft
1924 TAYLOR ST N E MINNEAPOLIS MN 55418	AARON OAS	RESIDENTIAL	$305,000	176 ft
1922 TAYLOR ST N E MINNEAPOLIS MN 55418	LINDA ONSRUD REV TRUST AGR	RESIDENTIAL-TWO UNIT	$296,700	176 ft
1907 TAYLOR ST N E MINNEAPOLIS MN 55418	JASON S PATZLAFF	RESIDENTIAL	$364,100	194 ft
1926 FILLMORE ST N E MINNEAPOLIS MN 55418	JULIE BECKER ETAL SUBJ/LE	RESIDENTIAL	$425,700	197 ft

Property History

Most Recent Sale

Date202211

Price$525,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,886