2246 MCKINLEY ST N E MINNEAPOLIS MN 55418

PID: 1202924410074

Property Overview

Parcel ID1202924410074

Lot Size5,165 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1923

Property ClassRESIDENTIAL

OwnerD J BROMAN & K BESSER

Assessed Value$371,700

Land Value$121,000

Building Value$250,700

Annual Tax$5,837

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

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

ResMar 2022Closed

CenterPoint Energy Resource Corp

ExistresMar 2022Closed

K & S Heating Air Conditioning & Plumbing 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 rent1,181/mo

Renter-occupied31.9%

Median home value$356K

Vacancy rate3.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1012

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 width30 ft

Buildable depth89 ft

Area~2,673 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 2,673 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2250 MCKINLEY ST N E MINNEAPOLIS MN 55418	C J ELLIS & C D ELLIS	RESIDENTIAL	$297,000	40 ft
2242 MCKINLEY ST N E MINNEAPOLIS MN 55418	JEANNE FILKINS/PETER FILKINS	RESIDENTIAL-TWO UNIT	$435,900	40 ft
2254 MCKINLEY ST N E MINNEAPOLIS MN 55418	NANCY SCHRAAD	RESIDENTIAL	$398,900	80 ft
2238 MCKINLEY ST N E MINNEAPOLIS MN 55418	GARY L SCHWARTZ LIV TRUST	RESIDENTIAL	$314,000	80 ft
2247 BENJAMIN ST N E MINNEAPOLIS MN 55418	J L MOORE & L J SUBAK	RESIDENTIAL-TWO UNIT	$392,300	143 ft
2251 BENJAMIN ST N E MINNEAPOLIS MN 55418	A LORENTZEN & M LORENTZEN	RESIDENTIAL	$347,000	148 ft
2243 BENJAMIN ST N E MINNEAPOLIS MN 55418	G WACHUTKA/A A TINBERG TRUST	RESIDENTIAL	$450,800	149 ft
2230 MCKINLEY ST N E MINNEAPOLIS MN 55418	MARY GERMSCHEID REV TRUST	RESIDENTIAL	$558,600	152 ft
2255 BENJAMIN ST N E MINNEAPOLIS MN 55418	A D BIGGAR & D M BIGGAR	RESIDENTIAL	$552,100	163 ft
2239 BENJAMIN ST N E MINNEAPOLIS MN 55418	LISA R HAMMER	RESIDENTIAL	$427,300	164 ft

Property History

Most Recent Sale

Date202011

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,837