1518 MONROE ST N E MINNEAPOLIS MN 55413

PID: 1402924120165

Property Overview

Parcel ID1402924120165

Lot Size5,092 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerLATRA LEASING LLP

Assessed Value$391,800

Land Value$134,000

Building Value$257,800

Annual Tax$7,441

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $18K total declared value · Most recent: Mar 2025 (res)

ResMar 2025Final Inspection

Barr Web Industries Inc

ExistresFeb 2025Closed

Heating and Cooling Two Inc

MiscNov 2023Closed

$16K

MN SMART HOMES LLC

ResOct 2021Closed

Barr Web Industries Inc

RemodelMay 2017Closed

$2K

GREENE CONSTRUCTION INC

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

Neighborhood Profile

Minneapolis

Median reported rent647/mo

Renter-occupied60.8%

Median home value$341K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1025

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

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 width30 ft

Buildable depth87 ft

Area~2,617 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 2,617 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1524 MONROE ST N E MINNEAPOLIS MN 55413	E D SIEGEL & E C JOHNSON	RESIDENTIAL-TWO UNIT	$350,700	40 ft
1514 MONROE ST N E MINNEAPOLIS MN 55413	MARISSA M VOGT	RESIDENTIAL-TWO UNIT	$403,700	40 ft
1528 MONROE ST N E MINNEAPOLIS MN 55413	JENNIFER E MEDINA CRIOLLO	RESIDENTIAL	$530,000	80 ft
1512 MONROE ST N E MINNEAPOLIS MN 55413	GREGORY M MCALOON	RESIDENTIAL	$517,900	80 ft
1508 MONROE ST N E MINNEAPOLIS MN 55413	M R PHIPPS & J M PHIPPS	RESIDENTIAL	$476,400	120 ft
1532 MONROE ST N E MINNEAPOLIS MN 55413	KEVIN ERIC KARRAKER	RESIDENTIAL	$275,400	121 ft
1519 MADISON ST N E MINNEAPOLIS MN 55413	ABRAM & JULIE DAVIS	RESIDENTIAL-TWO UNIT	$439,100	139 ft
1515 MADISON ST N E MINNEAPOLIS MN 55413	NICK J PERLICK TRUST	RESIDENTIAL-TWO UNIT	$395,300	144 ft
1523 MADISON ST N E MINNEAPOLIS MN 55413	KARL BRUMMER	RESIDENTIAL-TWO UNIT	$335,000	144 ft
1511 MADISON ST N E MINNEAPOLIS MN 55413	TIMOTHY S KENNEDY	RESIDENTIAL-TWO UNIT	$443,400	160 ft

Property History

Most Recent Sale

Date201309

Price$136,250

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$7,441