2316 CROMWELL DR MINNEAPOLIS MN 55410

PID: 1702824440067

Property Overview

Parcel ID1702824440067

Lot Size6,040 sq ft (0.139 ac)

Lot Dimensions (est.)50 ft wide × 121 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerKATHERINE LINDAHL

Assessed Value$751,500

Land Value$255,000

Building Value$496,500

Annual Tax$12,469

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2018 · $64K total declared value · Most recent: May 2025 (res)

ResMay 2025Inspection

Warners Stellian Co Inc

MiscMar 2023Closed

$8K

AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI

ResOct 2021Closed

Water Heaters Now Inc

ResMay 2020Closed

Warners Stellian Co Inc

ExistresNov 2018Closed

STERN HEATING AND COOLING INC

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

Neighborhood Profile

Fulton · Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

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 depth81 ft

Area~3,231 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 3,231 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2320 CROMWELL DR MINNEAPOLIS MN 55410	JOHN MURRAY & NITAL PATEL	RESIDENTIAL	$818,700	49 ft
5320 PENN AVE S MINNEAPOLIS MN 55419	DANIEL LOURY & CLAIRE F HILL	RESIDENTIAL	$497,400	104 ft
5314 PENN AVE S MINNEAPOLIS MN 55419	BETH DENDINGER	RESIDENTIAL	$544,400	104 ft
2324 CROMWELL DR MINNEAPOLIS MN 55410	BRANDON ROOT & LINDSAY DEAN	RESIDENTIAL	$652,300	109 ft
2311 53RD ST W MINNEAPOLIS MN 55410	DAVID JOHN BANKS	RESIDENTIAL	$534,100	125 ft
5310 PENN AVE S MINNEAPOLIS MN 55419	G M POWELL & E B GOODMAN	RESIDENTIAL	$441,900	144 ft
2317 53RD ST W MINNEAPOLIS MN 55410	STEVEN K & LAURA E MITCHELL	RESIDENTIAL	$563,500	155 ft
2317 CROMWELL DR MINNEAPOLIS MN 55410	J D GINSBURG & A C TESTER	RESIDENTIAL	$779,100	162 ft
2301 CROMWELL DR MINNEAPOLIS MN 55410	JAMES D SWANSON	RESIDENTIAL-TWO UNIT	$459,700	163 ft
2328 CROMWELL DR MINNEAPOLIS MN 55410	EMMIE STROMMEN	RESIDENTIAL	$574,600	169 ft

Property History

Most Recent Sale

Date202408

Price$880,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,469