1020 18 1/2 AVE N E MINNEAPOLIS MN 55418

PID: 1202924330082

Property Overview

Parcel ID1202924330082

Lot Size6,801 sq ft (0.156 ac)

Lot Dimensions (est.)80 ft wide × 85 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerR D HELPS/E N HELPS ET AL

Assessed Value$299,600

Land Value$130,000

Building Value$169,600

Annual Tax$4,363

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

5 permits on record since 2019 · $21K total declared value · Most recent: Sep 2025 (misc)

MiscSep 2025Closed

$17K

SELA ROOFING AND REMODELING INC

ResMay 2023Closed

Norblom Plumbing Co

ResNov 2020Closed

Home Pro Services Inc

ExistresOct 2020Closed

Standard Heating and Air Conditioning Inc

MiscSep 2019Closed

$4K

WINDOW WORLD

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 width70 ft

Buildable depth45 ft

Area~3,155 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 3,155 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1014 18 1/2 AVE N E MINNEAPOLIS MN 55418	1014 18 1/2 AVE NE LLC	RESIDENTIAL-TWO UNIT	$329,100	64 ft
1818 TAYLOR ST N E MINNEAPOLIS MN 55418	MARY R SUPER SCHROEDL	RESIDENTIAL-TWO UNIT	$453,300	84 ft
1824 TAYLOR ST N E MINNEAPOLIS MN 55418	M M TANDE & JEFF P TRINH-SY	RESIDENTIAL-TWO UNIT	$388,600	97 ft
1822 TAYLOR ST N E MINNEAPOLIS MN 55418	BRIAN JAMES WIGAND	RESIDENTIAL	$267,600	97 ft
1012 18 1/2 AVE N E MINNEAPOLIS MN 55418	MNSF T2 SPE LLC	RESIDENTIAL	$266,200	111 ft
1814 TAYLOR ST N E MINNEAPOLIS MN 55418	P P SHU & D D SHU	RESIDENTIAL	$375,300	120 ft
1819 POLK ST N E MINNEAPOLIS MN 55418	ROBERT D GREEVERS	RESIDENTIAL	$240,800	150 ft
1004 18 1/2 AVE N E MINNEAPOLIS MN 55418	K L DEBLIZAN & J DEBLIZAN	RESIDENTIAL-TWO UNIT	$363,300	158 ft
1808 TAYLOR ST N E MINNEAPOLIS MN 55418	JACK MUNSTERTEIGER ET AL	TRIPLEX	$680,100	159 ft
1021 18 1/2 AVE N E MINNEAPOLIS MN 55418	P SCHLETTE & N SCHLETTE	RESIDENTIAL	$342,800	171 ft

Property History

Most Recent Sale

Date202207

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,363