5115 18TH AVE S MINNEAPOLIS MN 55417

PID: 1402824410026

Property Overview

Parcel ID1402824410026

Lot Size5,054 sq ft (0.116 ac)

Lot Dimensions (est.)123 ft wide × 41 ft deep

Year Built1933

Property ClassRESIDENTIAL

OwnerROSE MARIE LOEHR

Assessed Value$519,100

Land Value$218,000

Building Value$301,100

Annual Tax$8,072

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2023 · $196K total declared value · Most recent: Feb 2024 (existres)

ExistresFeb 2024Closed

Erickson Plumbing Heating Cooling Inc

ResSep 2023Closed

Perfection Heating and Air Conditioning Inc

RemodelMar 2023Expired

$196K

Bauer Services II, Inc

ExistresMar 2023Closed

Perfection Heating and Air Conditioning Inc

ResFeb 2023Closed

Plumbing West Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Hale · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width31 ft

Buildable depth83 ft

Area~2,581 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 sfr / adu benchmarks for 2,581 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5117 18TH AVE S MINNEAPOLIS MN 55417	M P CASSIDY & K L DEINES	RESIDENTIAL	$491,000	41 ft
5109 18TH AVE S MINNEAPOLIS MN 55417	SANDRA MARBLE/MICHAEL KOHOUT	RESIDENTIAL	$501,100	51 ft
5121 18TH AVE S MINNEAPOLIS MN 55417	D J MCKIGNEY/C M O MCKIGNEY	RESIDENTIAL	$503,300	82 ft
1807 51ST ST E MINNEAPOLIS MN 55417	ELIZABETH ANN DELONG TRUST	RESIDENTIAL	$701,400	107 ft
5125 18TH AVE S MINNEAPOLIS MN 55417	S J RAMSEY & E G RAMSEY	RESIDENTIAL	$503,400	121 ft
5112 CEDAR AVE S MINNEAPOLIS MN 55417	RIVER LEAF PROPERTIES LLC	RESIDENTIAL	$364,200	137 ft
5116 CEDAR AVE S MINNEAPOLIS MN 55417	C J SDERSTROM & S M MONAGHAN	RESIDENTIAL	$465,500	143 ft
5104 CEDAR AVE S MINNEAPOLIS MN 55417	M M MASSELINK & E R KEGLER	RESIDENTIAL	$602,300	150 ft
5120 CEDAR AVE S MINNEAPOLIS MN 55417	SEAN F MOSLEY	RESIDENTIAL	$379,100	159 ft
5129 18TH AVE S MINNEAPOLIS MN 55417	T K GOEHRING & C K RALLS	RESIDENTIAL	$447,000	162 ft

Property History

Most Recent Sale

Date199103

Price$127,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,072