1939 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924340102

Property Overview

Parcel ID1202924340102

Lot Size6,586 sq ft (0.151 ac)

Lot Dimensions (est.)132 ft wide × 50 ft deep

Year Built1907

Property ClassRESIDENTIAL

OwnerALEXANDRA FISCHER ET AL

Assessed Value$244,900

Land Value$129,000

Building Value$115,900

Annual Tax$3,447

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2019 · $95K total declared value · Most recent: May 2023 (misc)

MiscMay 2023Closed

$15K

Kristin Tangen

ExistresJan 2023Closed

Kristin Tangen

ResJan 2023Closed

Kristin Tangen

RemodelNov 2022Expired

$64K

HOME AND EARTH LLC

ResApr 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$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 width40 ft

Buildable depth92 ft

Area~3,668 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 3,668 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1935 PIERCE ST N E MINNEAPOLIS MN 55418	B J HOLMBERG & P H ANDERSON	RESIDENTIAL	$288,000	50 ft
1943 PIERCE ST N E MINNEAPOLIS MN 55418	FREDERICK E LEVITRE ET AL	RESIDENTIAL-TWO UNIT	$381,700	50 ft
1931 PIERCE ST N E MINNEAPOLIS MN 55418	M & R BETTENDORF	RESIDENTIAL	$371,000	100 ft
1945 PIERCE ST N E MINNEAPOLIS MN 55418	ANDREW W HYDE	RESIDENTIAL-TWO UNIT	$300,000	100 ft
1310 22ND AVE N E MINNEAPOLIS MN 55418	KATHERYN GREER/BRIAN MUNSON	RESIDENTIAL	$272,400	105 ft
1312 22ND AVE N E MINNEAPOLIS MN 55418	PAUL E WELCH & KIM M WELCH	TRIPLEX	$558,300	123 ft
1938 BUCHANAN ST N E MINNEAPOLIS MN 55418	JEAN M RARICK	RESIDENTIAL	$321,400	132 ft
1934 BUCHANAN ST N E MINNEAPOLIS MN 55418	CHRISTOPHER DONALD LYNCH	RESIDENTIAL-TWO UNIT	$379,500	140 ft
1927 PIERCE ST N E MINNEAPOLIS MN 55418	S PIERCE & J M TUFTIN	RESIDENTIAL	$472,100	150 ft
1930 BUCHANAN ST N E MINNEAPOLIS MN 55418	ARIELLA CLAIRE SCHRECK	RESIDENTIAL	$401,200	165 ft

Property History

Most Recent Sale

Date202512

Price$332,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,447