1949 HAYES ST N E MINNEAPOLIS MN 55418

PID: 1202924430170

Property Overview

Parcel ID1202924430170

Lot Size5,515 sq ft (0.127 ac)

Lot Dimensions (est.)126 ft wide × 44 ft deep

Year Built1918

Property ClassRESIDENTIAL

OwnerA MUSEGADES & R BIRKEMEIER

Assessed Value$296,200

Land Value$126,000

Building Value$170,200

Annual Tax$4,819

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $7K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Closed

Urban Pine Plumbing and Mechanical Inc

ResMar 2022Closed

CenterPoint Energy Resource Corp

MiscApr 2021Closed

$7K

THE WINDOW STORE 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

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 width113 ft

Buildable depth4 ft

Area~2,646 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 2,646 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
1945 HAYES ST N E MINNEAPOLIS MN 55418	NANCY A LACH	RESIDENTIAL	$265,000	45 ft
1941 HAYES ST N E MINNEAPOLIS MN 55418	JON K NORSTAD	RESIDENTIAL	$380,900	89 ft
2201 HAYES ST N E MINNEAPOLIS MN 55418	CHRISTOPHER B BENFIELD	RESIDENTIAL	$354,400	129 ft
1937 HAYES ST N E MINNEAPOLIS MN 55418	KATIE GILBERTSON	RESIDENTIAL	$317,800	135 ft
1948 GARFIELD ST N E MINNEAPOLIS MN 55418	14 AVENUE HOME LLC	RESIDENTIAL-TWO UNIT	$391,300	140 ft
1944 GARFIELD ST N E MINNEAPOLIS MN 55418	ALEXANDRA BOURCY DELA	RESIDENTIAL-TWO UNIT	$446,400	147 ft
1940 GARFIELD ST N E MINNEAPOLIS MN 55418	J ANDERSON & S PIEKARSKI	RESIDENTIAL	$360,000	166 ft
2207 HAYES ST N E MINNEAPOLIS MN 55418	B E VANWINKLE & E D GRASSL	RESIDENTIAL	$394,000	179 ft
1933 HAYES ST N E MINNEAPOLIS MN 55418	MATTHEW CERMAK	RESIDENTIAL	$400,100	179 ft
1952 HAYES ST N E MINNEAPOLIS MN 55418	TYNISE RENEE MOORE	RESIDENTIAL-TWO UNIT	$394,900	192 ft

Property History

Most Recent Sale

Date201511

Price$234,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,819