1604 23RD AVE N E MINNEAPOLIS MN 55418

PID: 1202924420118

Property Overview

Parcel ID1202924420118

Lot Size5,016 sq ft (0.115 ac)

Lot Dimensions (est.)40 ft wide × 125 ft deep

Year Built1906

Property ClassRESIDENTIAL

OwnerMAREN GREENWALDT

Assessed Value$288,000

Land Value$119,000

Building Value$169,000

Annual Tax$4,169

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth85 ft

Area~2,562 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 2,562 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1608 23RD AVE N E MINNEAPOLIS MN 55418	B MCPARTLAND & B CARTER	RESIDENTIAL	$300,000	40 ft
1600 23RD AVE N E MINNEAPOLIS MN 55418	BARBARA D OGREN	RESIDENTIAL	$290,600	44 ft
2245 JOHNSON ST N E MINNEAPOLIS MN 55418	DAT LE & LAUREN LE	RESIDENTIAL	$239,400	53 ft
1612 23RD AVE N E MINNEAPOLIS MN 55418	AUSTIN LANNERS & LOGAN LEMKA	RESIDENTIAL	$442,800	80 ft
2243 JOHNSON ST N E MINNEAPOLIS MN 55418	JARDEL LESZEK	RESIDENTIAL	$307,000	94 ft
1616 23RD AVE N E MINNEAPOLIS MN 55418	N MARTIN & B SEVEDGE	RESIDENTIAL	$379,600	119 ft
2239 JOHNSON ST N E MINNEAPOLIS MN 55418	KRISTINA ANDREWS	RESIDENTIAL	$455,000	131 ft
1620 23RD AVE N E MINNEAPOLIS MN 55418	S FOGARTY & C J SANDS	RESIDENTIAL	$539,700	159 ft
2235 JOHNSON ST N E MINNEAPOLIS MN 55418	LAUREN ELIZABETH ANDERSON	RESIDENTIAL	$381,400	170 ft
2242 ULYSSES ST N E MINNEAPOLIS MN 55418	MICHAEL K VENNEWITZ TRUST	RESIDENTIAL-TWO UNIT	$413,300	176 ft

Property History

Most Recent Sale

Date202506

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,169