2514 PLYMOUTH AVE N MINNEAPOLIS MN 55411

PID: 1702924440194

Property Overview

Parcel ID1702924440194

Lot Size4,463 sq ft (0.102 ac)

Lot Dimensions (est.)38 ft wide × 117 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerLYNETTE E BRADLEY

Assessed Value$183,600

Land Value$13,000

Building Value$170,600

Annual Tax$2,718

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.

HUD — LIHTC Qualified Census Tracts ↗

Potential programs

LIHTC 30% Basis BoostMedium

Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.

HUD — LIHTC Qualified Census Tracts ↗

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 rent1,042/mo

Renter-occupied38.0%

Median home value$229K

Vacancy rate3.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 27

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width28 ft

Buildable depth77 ft

Area~2,169 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 2,169 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2510 PLYMOUTH AVE N MINNEAPOLIS MN 55411	LUPITA G EASLEY	RESIDENTIAL	$358,000	38 ft
2506 PLYMOUTH AVE N MINNEAPOLIS MN 55411	CHEE KEN YONG	RESIDENTIAL	$491,000	76 ft
1306 THOMAS AVE N MINNEAPOLIS MN 55411	GRANT ARMOUR	RESIDENTIAL	$216,400	77 ft
1300 THOMAS AVE N MINNEAPOLIS MN 55411	MARIAN E BURCH BUTLER	RESIDENTIAL	$198,400	86 ft
1310 THOMAS AVE N MINNEAPOLIS MN 55411	KIMBERLY A DURENE	RESIDENTIAL	$219,800	87 ft
2500 PLYMOUTH AVE N MINNEAPOLIS MN 55411	NOLAN MATTHEW MEYER	RESIDENTIAL	$425,000	115 ft
1313 SHERIDAN AVE N MINNEAPOLIS MN 55411	ANDREW DOUCETTE	RESIDENTIAL	$199,800	117 ft
1312 THOMAS AVE N MINNEAPOLIS MN 55411	SARAH WATSON/VINCENT WATSON	RESIDENTIAL	$249,700	118 ft
1317 SHERIDAN AVE N MINNEAPOLIS MN 55411	GARY COOPER JR	RESIDENTIAL	$383,000	153 ft
1316 THOMAS AVE N MINNEAPOLIS MN 55411	BRETT KIDD	RESIDENTIAL	$310,000	154 ft

Property History

Most Recent Sale

Date200410

Price$154,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,718