2324 SHERIDAN AVE N MINNEAPOLIS MN 55411

PID: 1702924110128

Property Overview

Parcel ID1702924110128

Lot Size4,614 sq ft (0.106 ac)

Lot Dimensions (est.)135 ft wide × 34 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerAUDREY MADAN & ALINA MADAN

Assessed Value$245,000

Land Value$15,000

Building Value$230,000

Annual Tax$3,776

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $10K total declared value · Most recent: Oct 2024 (existres)

ExistresOct 2024Closed

MESPO HEATING AND COOLING INC

ResOct 2024Closed

Dooty Calls Plumbing LLC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

MiscMar 2019Closed

$10K

AHR CONSTRUCTION INC

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

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,168/mo

Renter-occupied38.0%

Median home value$240K

Vacancy rate9.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1020

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width125 ft

Buildable depth0 ft

Area~2,524 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,524 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2320 SHERIDAN AVE N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS	VACANT LAND-RESIDENTIAL	$0	36 ft
2328 SHERIDAN AVE N MINNEAPOLIS MN 55411	CCF2 MN LLC	RESIDENTIAL	$129,000	40 ft
2318 SHERIDAN AVE N MINNEAPOLIS MN 55411	ARV PROPERTIES LLC	RESIDENTIAL	$156,100	73 ft
2332 SHERIDAN AVE N MINNEAPOLIS MN 55411	SJH HOLDINGS LLC	RESIDENTIAL	$126,600	80 ft
2314 SHERIDAN AVE N MINNEAPOLIS MN 55411	M & M STAFFING LLC	LOW INCOME RENTAL	$267,300	111 ft
2336 SHERIDAN AVE N MINNEAPOLIS MN 55411	YULIA ANDREYEVSKAYA	RESIDENTIAL	$135,700	120 ft
2327 WALTON PL MINNEAPOLIS MN 55411	JODY BAKER/ERIN MAY D BAKER	RESIDENTIAL	$378,000	122 ft
2322 WALTON PL MINNEAPOLIS MN 55411	MAURILIO GARCIA	RESIDENTIAL-TWO UNIT	$220,900	135 ft
2325 WALTON PL MINNEAPOLIS MN 55411	SCOTT T & JACQUELINE E WASTE	RESIDENTIAL	$132,700	154 ft
2340 SHERIDAN AVE N MINNEAPOLIS MN 55411	ANNA J KERNAN	RESIDENTIAL	$227,900	160 ft

Property History

Most Recent Sale

Date201904

Price$131,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,776