1938 CLEVELAND ST N E MINNEAPOLIS MN 55418

PID: 1202924440016

Property Overview

Parcel ID1202924440016

Lot Size5,718 sq ft (0.131 ac)

Lot Dimensions (est.)128 ft wide × 45 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerSHANE SETZER

Assessed Value$453,200

Land Value$128,000

Building Value$325,200

Annual Tax$6,934

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2020 · $114K total declared value · Most recent: Sep 2021 (res)

ResSep 2021Closed

CenterPoint Energy Resource Corp

ExistresJul 2021Closed

Ray N Welter Heating Co

ResJun 2021Closed

Precision Plumbing and Heating Inc

RemodelMay 2021Closed

$75K

Massey Berg LLC

MiscApr 2021Closed

$13K

ALL ELEMENTS 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~3,049 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 3,049 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
1942 CLEVELAND ST N E MINNEAPOLIS MN 55418	SCOTT CARTER WILCOCK	RESIDENTIAL	$364,000	45 ft
1932 CLEVELAND ST N E MINNEAPOLIS MN 55418	HEATH POCHUCHA	RESIDENTIAL	$510,800	45 ft
1928 CLEVELAND ST N E MINNEAPOLIS MN 55418	B C BAGLEY & T BAGLEY	RESIDENTIAL	$406,200	89 ft
1924 CLEVELAND ST N E MINNEAPOLIS MN 55418	SUSAN WHITE & SCOTT WHITE	RESIDENTIAL	$466,200	134 ft
1937 ARTHUR ST N E MINNEAPOLIS MN 55418	MICHELLE FONG-PING YUE	RESIDENTIAL-TWO UNIT	$410,400	141 ft
2022 22ND AVE N E MINNEAPOLIS MN 55418	PAUL BRADY & KATHRYN GOTTA	RESIDENTIAL	$359,400	144 ft
1941 ARTHUR ST N E MINNEAPOLIS MN 55418	N J CORBETT & C M CORBETT	RESIDENTIAL-TWO UNIT	$433,100	148 ft
1933 ARTHUR ST N E MINNEAPOLIS MN 55418	LINDSEY PALIN/JOSHUA KUJAWA	RESIDENTIAL-TWO UNIT	$412,500	148 ft
2026 22ND AVE N E MINNEAPOLIS MN 55418	GDTRFB PROPERTIES	RESIDENTIAL	$388,400	150 ft
2014 22ND AVE N E MINNEAPOLIS MN 55418	A L HEMQUIST & A L COLE	RESIDENTIAL	$389,200	152 ft

Property History

Most Recent Sale

Date202007

Price$354,250

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,934