2000 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1202924440001

Property Overview

Parcel ID1202924440001

Lot Size5,611 sq ft (0.129 ac)

Lot Dimensions (est.)45 ft wide × 124 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerRICHARD A PEIK & WIFE

Assessed Value$426,200

Land Value$126,000

Building Value$300,200

Annual Tax$6,483

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $20K total declared value · Most recent: Oct 2025 (res)

ResOct 2025Closed

Northeast Plumbing Inc

RemodelOct 2025Closed

$20K

2 4 1 CONSTRUCTION LLC

ResApr 2018Closed

CENTERPOINT ENERGY

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 width32 ft

Buildable depth84 ft

Area~2,710 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 2,710 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2004 22ND AVE N E MINNEAPOLIS MN 55418	LORI ELIZABETH MCCARTHY	RESIDENTIAL	$341,000	45 ft
2010 22ND AVE N E MINNEAPOLIS MN 55418	ANNE LESLEY MURCK	RESIDENTIAL	$289,000	89 ft
1941 ARTHUR ST N E MINNEAPOLIS MN 55418	N J CORBETT & C M CORBETT	RESIDENTIAL-TWO UNIT	$433,100	107 ft
2014 22ND AVE N E MINNEAPOLIS MN 55418	A L HEMQUIST & A L COLE	RESIDENTIAL	$389,200	134 ft
1937 ARTHUR ST N E MINNEAPOLIS MN 55418	MICHELLE FONG-PING YUE	RESIDENTIAL-TWO UNIT	$410,400	149 ft
1946 ARTHUR ST N E MINNEAPOLIS MN 55418	NAOMI N BERNIER	RESIDENTIAL	$367,700	152 ft
1950 ARTHUR ST N E MINNEAPOLIS MN 55418	T MOESLE & T M BANDT	RESIDENTIAL	$448,000	157 ft
1942 ARTHUR ST N E MINNEAPOLIS MN 55418	ELIZABETH KARSTEN	RESIDENTIAL	$431,400	160 ft
2022 22ND AVE N E MINNEAPOLIS MN 55418	PAUL BRADY & KATHRYN GOTTA	RESIDENTIAL	$359,400	179 ft
1938 ARTHUR ST N E MINNEAPOLIS MN 55418	JARILYN J FAHRENDORFF	RESIDENTIAL	$386,500	179 ft

Property History

Current Tax Year

Year2026

Tax Due$6,483