20 LUVERNE AVE MINNEAPOLIS MN 55419

PID: 1502824420024

Property Overview

Parcel ID1502824420024

Lot Size4,127 sq ft (0.095 ac)

Lot Dimensions (est.)86 ft wide × 48 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerMERRITT L CAMPBELL

Assessed Value$325,700

Land Value$187,000

Building Value$138,700

Annual Tax$4,782

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2019 · $800 total declared value · Most recent: Sep 2019 (existres)

ExistresSep 2019Closed

Erickson Plumbing Heating Cooling Inc

MiscJun 2019Closed

$800

CROSSROAD CONSTRUCTION INC

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

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,486/mo

Renter-occupied21.5%

Median home value$519K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1115

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

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 width40 ft

Buildable depth43 ft

Area~1,698 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 1,698 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
16 LUVERNE AVE MINNEAPOLIS MN 55419	D J O'NEIL & D M O'NEIL	RESIDENTIAL	$575,200	58 ft
24 LUVERNE AVE MINNEAPOLIS MN 55419	L L B MANOR & J D MANOR	RESIDENTIAL	$517,000	63 ft
5127 NICOLLET AVE MINNEAPOLIS MN 55419	JOSHUA LEE CHRISTOFFER ET AL	RESIDENTIAL-TWO UNIT	$504,700	105 ft
5133 NICOLLET AVE MINNEAPOLIS MN 55419	MARK BRAGET	RESIDENTIAL-TWO UNIT	$426,900	112 ft
5121 NICOLLET AVE MINNEAPOLIS MN 55419	A D MASLOWSKI/J A MASLOWSKI	RESIDENTIAL-TWO UNIT	$494,200	128 ft
10 LUVERNE AVE MINNEAPOLIS MN 55419	WILLIAM J & LOUISE H KEPPEL	RESIDENTIAL	$689,600	130 ft
30 LUVERNE AVE MINNEAPOLIS MN 55419	ALICE KING MOORMANN	RESIDENTIAL	$473,900	130 ft
5137 NICOLLET AVE MINNEAPOLIS MN 55419	A T BACK & N K STARKS	RESIDENTIAL-TWO UNIT	$467,300	137 ft
25 LUVERNE AVE MINNEAPOLIS MN 55419	CAROLINE CUNINGHAM ASKEW	RESIDENTIAL	$479,800	153 ft
5115 NICOLLET AVE MINNEAPOLIS MN 55419	MARY E LUNDBERG	RESIDENTIAL	$397,000	169 ft

Property History

Most Recent Sale

Date200906

Price$209,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,782