2006 QUEEN AVE N MINNEAPOLIS MN 55411

PID: 1702924140031

Property Overview

Parcel ID1702924140031

Lot Size5,080 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerMARVIN WINDOM

Assessed Value$145,100

Land Value$16,000

Building Value$129,100

Annual Tax$1,768

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

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 ↗

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

2 permits on record since 2019 · Most recent: Nov 2023 (existres)

ExistresNov 2023Closed

CENTERPOINT ENERGY

ResSep 2019Closed

Urban Pine Plumbing and Mechanical 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 width30 ft

Buildable depth87 ft

Area~2,610 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 2,610 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
2002 QUEEN AVE N MINNEAPOLIS MN 55411	JSW PROPERTIES LLC	RESIDENTIAL	$217,800	40 ft
2010 QUEEN AVE N MINNEAPOLIS MN 55411	TIA N VANG	RESIDENTIAL	$277,000	40 ft
1926 QUEEN AVE N MINNEAPOLIS MN 55411	KEVIN D NGUYEN	RESIDENTIAL	$208,000	80 ft
2014 QUEEN AVE N MINNEAPOLIS MN 55411	ROLANDO N RECINOS ALVARADO	RESIDENTIAL	$147,900	80 ft
1922 QUEEN AVE N MINNEAPOLIS MN 55411	CHA SHIYENG LEE	RESIDENTIAL	$209,400	120 ft
2018 QUEEN AVE N MINNEAPOLIS MN 55411	MBEMBA CAMARA/KAREN SHEFCHIK	RESIDENTIAL	$314,000	120 ft
2007 PENN AVE N MINNEAPOLIS MN 55411	ROBERT ZEMAN	RESIDENTIAL	$116,000	141 ft
2011 PENN AVE N MINNEAPOLIS MN 55411	LAWRENCE & SUSAN JACOBSON TR	LOW INCOME RENTAL	$113,700	146 ft
2003 PENN AVE N MINNEAPOLIS MN 55411	J O GARCIA & G R R ORTEGA	RESIDENTIAL	$298,000	147 ft
1918 QUEEN AVE N MINNEAPOLIS MN 55411	N MANASES MORALES ESCOBAR	RESIDENTIAL	$177,700	160 ft

Property History

Current Tax Year

Year2026

Tax Due$1,768