1801 PIERCE ST N E MINNEAPOLIS MN 55418

PID: 1202924340147

Property Overview

Parcel ID1202924340147

Lot Size6,445 sq ft (0.148 ac)

Lot Dimensions (est.)132 ft wide × 49 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerMARVIN D BANKER

Assessed Value$281,900

Land Value$113,000

Building Value$168,900

Annual Tax$4,584

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $8K total declared value · Most recent: Dec 2025 (remodel)

RemodelDec 2025Final Inspection

$8K

Rigali Constructions LLC

ResAug 2025Inspection

Barr Web Industries Inc

ExistresJun 2025Final Inspection

Heating and Cooling Design Inc

ResDec 2017Closed

CENTERPOINT ENERGY

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

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 width119 ft

Buildable depth9 ft

Area~3,296 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 3,296 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1805 PIERCE ST N E MINNEAPOLIS MN 55418	K W OO & K P CASPERS	RESIDENTIAL	$426,000	49 ft
1313 18TH AVE N E MINNEAPOLIS MN 55418	NICHOLAS W BARNARD	RESIDENTIAL	$208,000	85 ft
1811 PIERCE ST N E MINNEAPOLIS MN 55418	J R ANDERSEN & D KOCH	RESIDENTIAL	$356,100	99 ft
1723 PIERCE ST N E MINNEAPOLIS MN 55413	JOHN P KRAUSE & WIFE	RESIDENTIAL	$317,300	116 ft
1802 BUCHANAN ST N E MINNEAPOLIS MN 55418	MILDRED M FELLING	RESIDENTIAL-TWO UNIT	$346,800	144 ft
1815 PIERCE ST N E MINNEAPOLIS MN 55418	A M MOBERG/N MOBERG ET AL	RESIDENTIAL-TWO UNIT	$436,100	149 ft
1221 18TH AVE N E MINNEAPOLIS MN 55418	WEN YAN KING & WEN TSAI KING	RESIDENTIAL-TWO UNIT	$323,800	153 ft
1806 BUCHANAN ST N E MINNEAPOLIS MN 55418	AMY JOHNSON	RESIDENTIAL-TWO UNIT	$410,600	156 ft
1719 PIERCE ST N E MINNEAPOLIS MN 55413	WILLIAM E/JENNIFER L FRENCH	RESIDENTIAL	$293,200	158 ft
1810 BUCHANAN ST N E MINNEAPOLIS MN 55418	NATHAN EARP/DAVID HEDGECOCK	RESIDENTIAL	$374,500	170 ft

Property History

Most Recent Sale

Date202503

Price$221,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,584