16 E MINNEHAHA PKWY MINNEAPOLIS MN 55419

PID: 1502824430108

Property Overview

Parcel ID1502824430108

Lot Size11,161 sq ft (0.256 ac)

Lot Dimensions (est.)60 ft wide × 185 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerDAVID F JUNCKER ETAL

Assessed Value$715,000

Land Value$339,000

Building Value$376,000

Annual Tax$11,779

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width52 ft

Buildable depth140 ft

Area~7,311 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 3-story wood frame (5–12 units) benchmarks for 7,311 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
20 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	MARK HOLLAND & SARAH HOLLAND	RESIDENTIAL	$913,500	61 ft
6 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	TODD SMITH	RESIDENTIAL-TWO UNIT	$684,100	78 ft
24 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	G A G FIORINI & L D GRUNDMAN	RESIDENTIAL	$802,000	117 ft
5155 NICOLLET AVE MINNEAPOLIS MN 55419	MAXWELL JOHN BEHRENBRINKER	RESIDENTIAL-TWO UNIT	$496,100	136 ft
28 E MINNEHAHA PKWY MINNEAPOLIS MN 55419	S & J L NORLIN-WEAVER	RESIDENTIAL	$798,500	174 ft
5153 NICOLLET AVE MINNEAPOLIS MN 55419	J Y BLACKWOOD/N P BLACKWOOD	RESIDENTIAL	$700,000	185 ft
34 LUVERNE AVE MINNEAPOLIS MN 55419	B A ELLIOTT & A L ELLIOTT	RESIDENTIAL	$774,600	205 ft
32 LUVERNE AVE MINNEAPOLIS MN 55419	CHAD J CLOW & KARLA R CLOW	RESIDENTIAL	$489,300	220 ft
5145 NICOLLET AVE MINNEAPOLIS MN 55419	JACOB S & LEAH M FLEETHAM	RESIDENTIAL	$479,200	234 ft
5200 NICOLLET AVE MINNEAPOLIS MN 55419	D BUTLER PROPERTIES LLC	TRIPLEX	$578,600	246 ft

Property History

Current Tax Year

Year2026

Tax Due$11,779