1322 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1202924340218

Property Overview

Parcel ID1202924340218

Lot Size6,188 sq ft (0.142 ac)

Lot Dimensions (est.)66 ft wide × 94 ft deep

Year Built1931

Property ClassRESIDENTIAL-TWO UNIT

OwnerANDREW W COLDWELL

Assessed Value$451,500

Land Value$126,000

Building Value$325,500

Annual Tax$7,216

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · Most recent: Feb 2022 (res)

ResFeb 2022Closed

CenterPoint Energy Resource Corp

ExistresMay 2018Closed

Pronto Heating & Air Conditioning Inc

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 width53 ft

Buildable depth54 ft

Area~2,852 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 2,852 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
1312 22ND AVE N E MINNEAPOLIS MN 55418	PAUL E WELCH & KIM M WELCH	TRIPLEX	$558,300	66 ft
1938 BUCHANAN ST N E MINNEAPOLIS MN 55418	JEAN M RARICK	RESIDENTIAL	$321,400	79 ft
1934 BUCHANAN ST N E MINNEAPOLIS MN 55418	CHRISTOPHER DONALD LYNCH	RESIDENTIAL-TWO UNIT	$379,500	127 ft
1310 22ND AVE N E MINNEAPOLIS MN 55418	KATHERYN GREER/BRIAN MUNSON	RESIDENTIAL	$272,400	127 ft
1943 BUCHANAN ST N E MINNEAPOLIS MN 55418	LEGACY WEALTH INVESTMENTS	RESIDENTIAL-TWO UNIT	$387,600	166 ft
1943 PIERCE ST N E MINNEAPOLIS MN 55418	FREDERICK E LEVITRE ET AL	RESIDENTIAL-TWO UNIT	$381,700	166 ft
1327 22ND AVE N E MINNEAPOLIS MN 55418	J J BOVE & M J BOVE	RESIDENTIAL	$248,700	167 ft
1947 BUCHANAN ST N E MINNEAPOLIS MN 55418	STEVEN WALTER ULRICH	RESIDENTIAL	$328,600	167 ft
1321 22ND AVE N E MINNEAPOLIS MN 55418	J A MORRIS/M J MORRIS TRSTES	RESIDENTIAL	$223,000	168 ft
1930 BUCHANAN ST N E MINNEAPOLIS MN 55418	ARIELLA CLAIRE SCHRECK	RESIDENTIAL	$401,200	175 ft

Property History

Most Recent Sale

Date201512

Price$284,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,216