1302 BOARDWALK AVE MINNEAPOLIS MN 55411

PID: 1602924440140

Property Overview

Parcel ID1602924440140

Lot Size614 sq ft (0.014 ac)

Lot Dimensions (est.)36 ft wide × 17 ft deep

Year Built1982

Property ClassTOWNHOUSE

OwnerWILLIAM R ERNST

Assessed Value$209,700

Land Value$3,000

Building Value$206,700

Annual Tax$2,879

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Potential programs

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Near - North · 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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Estimated · verify frontage

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width21 ft

Buildable depth0 ft

Area~345 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 345 sqft buildable area.

Est. units

Yield on cost

11.9%

Spread

+6.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1304 BOARDWALK AVE MINNEAPOLIS MN 55411	JAY JOHNSON	TOWNHOUSE	$205,400	22 ft
1306 BOARDWALK AVE MINNEAPOLIS MN 55411	CAMERON BARTCH	TOWNHOUSE	$219,400	43 ft
1308 BOARDWALK AVE MINNEAPOLIS MN 55411	EVA C YOUNG	TOWNHOUSE	$205,400	65 ft
1310 BOARDWALK AVE MINNEAPOLIS MN 55411	THEODORE HOHMAN	TOWNHOUSE	$205,400	86 ft
1303 BOARDWALK AVE MINNEAPOLIS MN 55411	ALEXANDRA L RENSLO	TOWNHOUSE	$207,600	95 ft
1305 BOARDWALK AVE MINNEAPOLIS MN 55411	OSMAN MOHAMED SUFI	TOWNHOUSE	$215,100	98 ft
1301 BOARDWALK AVE MINNEAPOLIS MN 55411	GAIL W SIMS	TOWNHOUSE	$202,200	98 ft
700 PLYMOUTH AVE N MINNEAPOLIS MN 55411	BOARDWALK CITIHOMES ASSC	COMMON AREA	$0	98 ft
1307 BOARDWALK AVE MINNEAPOLIS MN 55411	BETH NOEL MORISETTE	TOWNHOUSE	$205,400	104 ft
1306 BOARDWALK PL MINNEAPOLIS MN 55411	HOLMAN H CHUNG/ELISSA CHUNG	TOWNHOUSE	$226,800	105 ft

Property History

Most Recent Sale

Date198512

Price$84,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,879