1105 SHERIDAN AVE N MINNEAPOLIS MN 55411

PID: 2002924110080

Property Overview

Parcel ID2002924110080

Lot Size8,073 sq ft (0.185 ac)

Lot Dimensions (est.)128 ft wide × 63 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerELLIOT JOHNSON

Assessed Value$473,000

Land Value$29,000

Building Value$444,000

Annual Tax$7,234

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 rent1,203/mo

Renter-occupied33.4%

Median home value$254K

Vacancy rate1.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 32

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 width53 ft

Buildable depth88 ft

Area~4,668 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 4,668 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1011 SHERIDAN AVE N MINNEAPOLIS MN 55411	DEBORAH LYNN BAUKNIGHT	RESIDENTIAL	$293,100	63 ft
1111 SHERIDAN AVE N MINNEAPOLIS MN 55411	ALICIA HARVEY	RESIDENTIAL	$375,900	63 ft
1117 SHERIDAN AVE N MINNEAPOLIS MN 55411	ALAN GUZMAN	RESIDENTIAL	$311,000	126 ft
1007 SHERIDAN AVE N MINNEAPOLIS MN 55411	H D HEEFNER & D H DART	RESIDENTIAL	$384,000	127 ft
1110 THOMAS AVE N MINNEAPOLIS MN 55411	THEODORE DAHLEN/APRIL DAHLEN	RESIDENTIAL	$320,000	144 ft
1102 THOMAS AVE N MINNEAPOLIS MN 55411	BRADEN DAVID BOUCHARD	RESIDENTIAL	$304,700	148 ft
1114 THOMAS AVE N MINNEAPOLIS MN 55411	EVEREST HOLDINGS LLC	LOW INCOME RENTAL	$196,000	166 ft
1016 THOMAS AVE N MINNEAPOLIS MN 55411	KENNA J COTTMAN	RESIDENTIAL	$218,800	170 ft
1106 SHERIDAN AVE N MINNEAPOLIS MN 55411	TOBY V SCHNELDER	RESIDENTIAL	$546,600	189 ft
1112 SHERIDAN AVE N MINNEAPOLIS MN 55411	DANIEL G MCGUIRE	RESIDENTIAL	$387,700	192 ft

Property History

Most Recent Sale

Date201612

Price$265,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,234