1943 LINCOLN ST N E MINNEAPOLIS MN 55418

PID: 1202924340054

Property Overview

Parcel ID1202924340054

Lot Size5,660 sq ft (0.130 ac)

Lot Dimensions (est.)132 ft wide × 43 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerADELAIDE HOBBS

Assessed Value$295,700

Land Value$121,000

Building Value$174,700

Annual Tax$4,578

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2022 · $15K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Inspection

Pronto Heating & Air Conditioning Inc

ExistresMar 2025Final Inspection

Heating and Cooling Design Inc

ResFeb 2025Inspection

LIBERTY PLUMBING CO LLC

MiscMay 2024Closed

$15K

Midwest Roofing Siding and Windows Inc

ResMar 2022Closed

CenterPoint Energy Resource Corp

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$368K-0.7% YoY

Median price / sqft$228/sqft

Median days to close15 days

Active listings75

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 depth92 ft

Area~3,023 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 3,023 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1939 LINCOLN ST N E MINNEAPOLIS MN 55418	B BRANDT & T LAUDENBACH	RESIDENTIAL	$272,600	46 ft
1947 LINCOLN ST N E MINNEAPOLIS MN 55418	C H PAGE & E A WEDUL	RESIDENTIAL-TWO UNIT	$448,400	47 ft
1512 22ND AVE N E MINNEAPOLIS MN 55418	K M SOLVERSON & S SOLVERSON	RESIDENTIAL	$265,900	91 ft
1935 LINCOLN ST N E MINNEAPOLIS MN 55418	SUZANNE JANSE-VREELING	RESIDENTIAL	$329,000	96 ft
1516 22ND AVE N E MINNEAPOLIS MN 55418	CINDY A VERNOSKY	RESIDENTIAL	$224,700	134 ft
1938 JOHNSON ST N E MINNEAPOLIS MN 55418	R3 RENOVATIONS LLC	RESIDENTIAL	$182,600	139 ft
1931 LINCOLN ST N E MINNEAPOLIS MN 55418	DAWA NORBU & TASHI LHAMO	RESIDENTIAL	$349,900	146 ft
1934 JOHNSON ST N E MINNEAPOLIS MN 55418	RILEY THOMAS LAULAINEN	RESIDENTIAL	$348,700	162 ft
1944 JOHNSON ST N E MINNEAPOLIS MN 55418	RALPH J MATTHES	RESIDENTIAL	$304,000	177 ft
1930 JOHNSON ST N E MINNEAPOLIS MN 55418	A M BEHRENS & P BEHRENS	RESIDENTIAL	$449,100	196 ft

Property History

Most Recent Sale

Date202511

Price$386,100

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,578