1915 SHERIDAN AVE N MINNEAPOLIS MN 55411

PID: 1702924140230

Property Overview

Parcel ID1702924140230

Lot Size10,305 sq ft (0.237 ac)

Lot Dimensions (est.)129 ft wide × 80 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerCARL & JANE SCHWENSOHN

Assessed Value$206,300

Land Value$21,000

Building Value$185,300

Annual Tax$2,788

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width70 ft

Buildable depth89 ft

Area~6,214 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 6,214 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1923 SHERIDAN AVE N MINNEAPOLIS MN 55411	ROBERT LEE BRISTO	RESIDENTIAL	$211,900	60 ft
1911 SHERIDAN AVE N MINNEAPOLIS MN 55411	K A SCHENDEL & D SCHENDEL	RESIDENTIAL	$122,000	60 ft
1925 SHERIDAN AVE N MINNEAPOLIS MN 55411	ROBERTA KING MURRAY	RESIDENTIAL	$158,000	100 ft
2508 GOLDEN VALLEY RD MINNEAPOLIS MN 55411	CRH GOLDEN VALLEY ROAD LLC	VACANT LAND-RESIDENTIAL	$21,000	118 ft
1931 SHERIDAN AVE N MINNEAPOLIS MN 55411	XAI PAO KHANG & XIONG LEE	RESIDENTIAL	$178,200	140 ft
1912 THOMAS AVE N MINNEAPOLIS MN 55411	AVALON HOME INVESTMENTS LLC	RESIDENTIAL	$176,700	144 ft
1918 THOMAS AVE N MINNEAPOLIS MN 55411	SYLVIA M PAYNE	RESIDENTIAL	$229,800	144 ft
1910 THOMAS AVE N MINNEAPOLIS MN 55411	HEATHER KEEN/DENIS ZASTERA	RESIDENTIAL	$188,700	154 ft
1922 THOMAS AVE N MINNEAPOLIS MN 55411	EDWARD DOUGLAS HODGES SR	RESIDENTIAL	$208,900	155 ft
1924 THOMAS AVE N MINNEAPOLIS MN 55411	C L P YANZA & J P N VELEZ	RESIDENTIAL	$152,000	174 ft

Property History

Current Tax Year

Year2026

Tax Due$2,788