2004 22ND AVE N E MINNEAPOLIS MN 55418

PID: 1202924440002

Property Overview

Parcel ID1202924440002

Lot Size5,610 sq ft (0.129 ac)

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

Year Built1919

Property ClassRESIDENTIAL

OwnerLORI ELIZABETH MCCARTHY

Assessed Value$341,000

Land Value$126,000

Building Value$215,000

Annual Tax$6,386

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · Most recent: Oct 2021 (res)

ResOct 2021Closed

Perfection Plumbing LLC

ExistresMay 2019Closed

Residential Heating and Air Conditioning Inc

ResMar 2019Expired

CenterPoint Energy Resource Corp

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 depth85 ft

Area~2,965 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 2,965 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2000 22ND AVE N E MINNEAPOLIS MN 55418	RICHARD A PEIK & WIFE	RESIDENTIAL	$426,200	45 ft
2010 22ND AVE N E MINNEAPOLIS MN 55418	ANNE LESLEY MURCK	RESIDENTIAL	$289,000	45 ft
2014 22ND AVE N E MINNEAPOLIS MN 55418	A L HEMQUIST & A L COLE	RESIDENTIAL	$389,200	89 ft
1941 ARTHUR ST N E MINNEAPOLIS MN 55418	N J CORBETT & C M CORBETT	RESIDENTIAL-TWO UNIT	$433,100	99 ft
2022 22ND AVE N E MINNEAPOLIS MN 55418	PAUL BRADY & KATHRYN GOTTA	RESIDENTIAL	$359,400	134 ft
1937 ARTHUR ST N E MINNEAPOLIS MN 55418	MICHELLE FONG-PING YUE	RESIDENTIAL-TWO UNIT	$410,400	144 ft
1942 CLEVELAND ST N E MINNEAPOLIS MN 55418	SCOTT CARTER WILCOCK	RESIDENTIAL	$364,000	169 ft
2026 22ND AVE N E MINNEAPOLIS MN 55418	GDTRFB PROPERTIES	RESIDENTIAL	$388,400	179 ft
1933 ARTHUR ST N E MINNEAPOLIS MN 55418	LINDSEY PALIN/JOSHUA KUJAWA	RESIDENTIAL-TWO UNIT	$412,500	189 ft
1946 ARTHUR ST N E MINNEAPOLIS MN 55418	NAOMI N BERNIER	RESIDENTIAL	$367,700	197 ft

Property History

Most Recent Sale

Date200801

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,386