2118 VINCENT AVE N MINNEAPOLIS MN 55411

PID: 1702924130097

Property Overview

Parcel ID1702924130097

Lot Size5,647 sq ft (0.130 ac)

Lot Dimensions (est.)118 ft wide × 48 ft deep

Year Built1940

Property ClassRESIDENTIAL

Owner316 PROPERTIES LLC

Assessed Value$266,400

Land Value$22,000

Building Value$244,400

Annual Tax$4,106

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 width38 ft

Buildable depth78 ft

Area~2,950 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 2,950 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2114 VINCENT AVE N MINNEAPOLIS MN 55411	L C & T A RILEY	RESIDENTIAL	$245,000	48 ft
2122 VINCENT AVE N MINNEAPOLIS MN 55411	MICHA MCDONALD	RESIDENTIAL	$237,700	49 ft
2123 UPTON AVE N MINNEAPOLIS MN 55411	SONG VANG	RESIDENTIAL	$202,000	143 ft
2119 UPTON AVE N MINNEAPOLIS MN 55411	MADELINE A JAEGER	RESIDENTIAL	$358,200	147 ft
2200 VINCENT AVE N MINNEAPOLIS MN 55411	RAYMONT JOHNSON	RESIDENTIAL	$356,000	149 ft
2127 UPTON AVE N MINNEAPOLIS MN 55411	MARGARET A SOUTHAM	RESIDENTIAL	$234,000	151 ft
2724 21ST AVE N MINNEAPOLIS MN 55411	SARAH PRATT	RESIDENTIAL	$243,000	159 ft
2720 21ST AVE N MINNEAPOLIS MN 55411	ROXANNE JENSEN	RESIDENTIAL	$256,300	163 ft
2115 UPTON AVE N MINNEAPOLIS MN 55411	W L & M L WILEY	RESIDENTIAL	$291,500	170 ft
2716 21ST AVE N MINNEAPOLIS MN 55411	HENNEPIN FORFEITED LAND	RESIDENTIAL	$0	177 ft

Property History

Most Recent Sale

Date202410

Price$190,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,106