2414 VINCENT AVE N MINNEAPOLIS MN 55411

PID: 1702924120025

Property Overview

Parcel ID1702924120025

Lot Size5,528 sq ft (0.127 ac)

Lot Dimensions (est.)110 ft wide × 50 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerJAED LIN

Assessed Value$283,500

Land Value$44,000

Building Value$239,500

Annual Tax$4,076

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

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 width40 ft

Buildable depth71 ft

Area~2,821 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 2,821 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
2418 VINCENT AVE N MINNEAPOLIS MN 55411	R L WILSON & C J WILSON	RESIDENTIAL	$318,000	50 ft
2410 VINCENT AVE N MINNEAPOLIS MN 55411	L HALL & M A JACKSON	RESIDENTIAL	$255,700	50 ft
2500 VINCENT AVE N MINNEAPOLIS MN 55411	S DOWNEY & T S DOWNEY	RESIDENTIAL	$361,500	105 ft
2400 VINCENT AVE N MINNEAPOLIS MN 55411	W T PIERSON & E A SCHOEPPLER	RESIDENTIAL	$358,300	123 ft
2419 UPTON AVE N MINNEAPOLIS MN 55411	DANIEL S PETERSON	RESIDENTIAL	$270,100	147 ft
2415 UPTON AVE N MINNEAPOLIS MN 55411	JORDAN GOODMAN	RESIDENTIAL	$222,000	152 ft
2421 UPTON AVE N MINNEAPOLIS MN 55411	CHELSIE & NICHOLAS BOHLMAN	RESIDENTIAL	$253,300	155 ft
2506 VINCENT AVE N MINNEAPOLIS MN 55411	BRIAN MARTUCCI/HELEN THOMAS	RESIDENTIAL	$421,400	160 ft
2427 UPTON AVE N MINNEAPOLIS MN 55411	JENNIFER ENGSTROM	RESIDENTIAL	$159,000	172 ft
2407 UPTON AVE N MINNEAPOLIS MN 55411	CARL NELSON	RESIDENTIAL	$518,000	178 ft

Property History

Most Recent Sale

Date201711

Price$180,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,076