405 23RD AVE N MINNEAPOLIS MN 55411

PID: 1502924220074

Property Overview

Parcel ID1502924220074

Lot Size4,351 sq ft (0.100 ac)

Lot Dimensions (est.)105 ft wide × 41 ft deep

Year Built1976

Property ClassRESIDENTIAL

OwnerJANIE TEMPLE

Assessed Value$167,400

Land Value$14,000

Building Value$153,400

Annual Tax$2,149

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2021 · $19K total declared value · Most recent: Jun 2023 (existres)

ExistresJun 2023Expired

Home Energy Center Inc

MiscNov 2021Closed

$19K

ERIE CONSTRUCTION MID WEST INC

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

Neighborhood Profile

Hawthorne · Minneapolis

Median reported rent409/mo

Renter-occupied59.5%

Median home value$245K

Vacancy rate10.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1263

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width92 ft

Buildable depth1 ft

Area~153 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 153 sqft buildable area.

Est. units

Yield on cost

20.1%

Spread

+14.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2227 4TH ST N MINNEAPOLIS MN 55411	JUAN GALAN ZAMBRANO	RESIDENTIAL	$342,000	43 ft
415 23RD AVE N MINNEAPOLIS MN 55411	JEFFREY FRIENDS	APARTMENT	$316,000	82 ft
2223 4TH ST N MINNEAPOLIS MN 55411	PAULINE C PETERSON	RESIDENTIAL-TWO UNIT	$259,900	90 ft
2219 4TH ST N MINNEAPOLIS MN 55411	SUNIL GURUNG & VIMLA GURUNG	RESIDENTIAL-TWO UNIT	$220,700	129 ft
2301 4TH ST N MINNEAPOLIS MN 55411	IGNACIA MOROCHO YUPANGUI	RESIDENTIAL-TWO UNIT	$230,800	138 ft
410 23RD AVE N MINNEAPOLIS MN 55411	BRITTANY DUGARY	RESIDENTIAL	$132,000	141 ft
2228 4TH ST N MINNEAPOLIS MN 55411	KARUNAKARAN DURAI	VACANT LAND-RESIDENTIAL	$8,000	160 ft
412 23RD AVE N MINNEAPOLIS MN 55411	MY-TRANG THI NGUYEN	RESIDENTIAL	$141,900	161 ft
2226 4TH ST N MINNEAPOLIS MN 55411	JORGE CONTRERAS	RESIDENTIAL-TWO UNIT	$187,400	165 ft
2215 4TH ST N MINNEAPOLIS MN 55411	CITY OF LAKES COMM LAND TRST	—	$305,000	168 ft

Property History

Most Recent Sale

Date200510

Price$170,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,149