923 26TH AVE S E MINNEAPOLIS MN 55414

PID: 1902923130085

Property Overview

Parcel ID1902923130085

Lot Size5,027 sq ft (0.115 ac)

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

Year Built1995

Property ClassRESIDENTIAL

OwnerDAVID MOERKE

Assessed Value$364,600

Land Value$79,000

Building Value$285,600

Annual Tax$5,644

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

Como · Minneapolis

Median reported rent1,734/mo

Renter-occupied73.3%

Median home value$337K

Vacancy rate15.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1040.01

Market Snapshot

Zip code 55414

Median sale price$385K+13.2% YoY

Median price / sqft$233/sqft

Median days to close91 days

Active listings36

Source: Redfin Data Center (Invalid Date) · Zip 55414

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 depth86 ft

Area~2,571 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 2,571 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
919 26TH AVE S E MINNEAPOLIS MN 55414	KATELYN SCHILMOELLER ET AL	RESIDENTIAL	$258,100	40 ft
915 26TH AVE S E MINNEAPOLIS MN 55414	THOMAS C VAITH	RESIDENTIAL	$234,900	80 ft
2520 COMO AVE S E MINNEAPOLIS MN 55414	MITCHELL OLSON/KATELYN BROZ	RESIDENTIAL	$184,800	97 ft
2516 COMO AVE S E MINNEAPOLIS MN 55414	2516 COMO LLC	RESIDENTIAL	$259,600	100 ft
2526 COMO AVE S E MINNEAPOLIS MN 55414	L A ELLIOTT/S A ELLIOTT RV T	RESIDENTIAL	$180,300	109 ft
2512 COMO AVE S E MINNEAPOLIS MN 55414	THE COLE DIVISION LLC	RESIDENTIAL	$237,100	117 ft
911 26TH AVE S E MINNEAPOLIS MN 55414	911 26TH AVE SE LLC	RESIDENTIAL	$440,100	119 ft
922 25TH AVE S E MINNEAPOLIS MN 55414	ELLEN M FLETCHER	RESIDENTIAL-TWO UNIT	$340,500	140 ft
2508 COMO AVE S E MINNEAPOLIS MN 55414	E T WENDLAND & W P WENDLAND	RESIDENTIAL	$200,600	144 ft
918 25TH AVE S E MINNEAPOLIS MN 55414	M THOMPSON/T SPEARS	RESIDENTIAL	$246,400	147 ft

Property History

Most Recent Sale

Date200203

Price$198,454

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,644