1927 GARFIELD ST N E MINNEAPOLIS MN 55418

PID: 1202924430138

Property Overview

Parcel ID1202924430138

Lot Size5,703 sq ft (0.131 ac)

Lot Dimensions (est.)127 ft wide × 45 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerAMY LETSON/WILLIAM C LETSON

Assessed Value$327,300

Land Value$127,000

Building Value$200,300

Annual Tax$4,827

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $8K total declared value · Most recent: Aug 2025 (remodel)

RemodelAug 2025Closed

$5K

CENTAURI SYSTEMS LLC

ResFeb 2022Closed

CenterPoint Energy Resource Corp

MiscDec 2021Closed

$3K

SUPER SIDERS

ResAug 2021Closed

MN Plumbing & Home Services 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 width35 ft

Buildable depth87 ft

Area~3,035 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 3,035 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1923 GARFIELD ST N E MINNEAPOLIS MN 55418	ADAM GERARD SERVI	RESIDENTIAL	$368,800	45 ft
1931 GARFIELD ST N E MINNEAPOLIS MN 55418	E A & J A ERICKSON	RESIDENTIAL	$344,900	45 ft
1919 GARFIELD ST N E MINNEAPOLIS MN 55418	LINDY SPURGEON/ROBERT GRAVES	RESIDENTIAL	$408,700	90 ft
1935 GARFIELD ST N E MINNEAPOLIS MN 55418	MICHAEL W STENACH	RESIDENTIAL	$417,000	90 ft
1915 GARFIELD ST N E MINNEAPOLIS MN 55418	EMILY I M BURNS	RESIDENTIAL	$296,000	135 ft
1939 GARFIELD ST N E MINNEAPOLIS MN 55418	NANCY SUZANNE VOWELS	RESIDENTIAL	$344,000	135 ft
1926 ARTHUR ST N E MINNEAPOLIS MN 55418	BRUCE ELLIOT KARSNER	RESIDENTIAL	$317,400	139 ft
1930 ARTHUR ST N E MINNEAPOLIS MN 55418	BRIANNA ROBINETTE	RESIDENTIAL	$279,000	146 ft
1922 ARTHUR ST N E MINNEAPOLIS MN 55418	PATRICIA J MURTAUGH	RESIDENTIAL	$433,700	146 ft
1934 ARTHUR ST N E MINNEAPOLIS MN 55418	SHEILA M THOMPSON TRUSTEE	RESIDENTIAL	$339,700	165 ft

Property History

Most Recent Sale

Date202205

Price$362,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,827