2616 FARWELL AVE MINNEAPOLIS MN 55411

PID: 2002924120078

Property Overview

Parcel ID2002924120078

Lot Size8,785 sq ft (0.202 ac)

Lot Dimensions (est.)128 ft wide × 68 ft deep

Year Built1946

Property ClassRESIDENTIAL

OwnerPATRICIA A CONLIN

Assessed Value$382,300

Land Value$30,000

Building Value$352,300

Annual Tax$5,723

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · $27K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Expired

$27K

Elite Restoration Pro LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Willard - Hay · Minneapolis

Median reported rent1,203/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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width115 ft

Buildable depth28 ft

Area~4,595 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 4,595 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
1100 UPTON AVE N MINNEAPOLIS MN 55411	ESTHER S NELSON	RESIDENTIAL	$369,900	69 ft
1108 UPTON AVE N MINNEAPOLIS MN 55411	FARIEST BROWN ETAL	RESIDENTIAL	$262,500	127 ft
1107 THOMAS AVE N MINNEAPOLIS MN 55411	DEENA ROBERTSON & S POISSON	RESIDENTIAL	$199,800	129 ft
1024 UPTON AVE N MINNEAPOLIS MN 55411	VICTOR RIOS/KATHRYN NESDAHL	RESIDENTIAL	$362,100	134 ft
1115 THOMAS AVE N MINNEAPOLIS MN 55411	ANGEL WHISBY & SCOTT POISSON	RESIDENTIAL	$274,000	144 ft
1025 THOMAS AVE N MINNEAPOLIS MN 55411	CONSTANCE VORK/JASON VORK	RESIDENTIAL	$314,000	154 ft
1119 THOMAS AVE N MINNEAPOLIS MN 55411	YOLANDA C CLARK	RESIDENTIAL	$240,000	180 ft
1116 UPTON AVE N MINNEAPOLIS MN 55411	R & D MATCHETTE TR	RESIDENTIAL	$400,100	187 ft
1020 UPTON AVE N MINNEAPOLIS MN 55411	SCOTT J WOHLERS	RESIDENTIAL	$319,000	195 ft
1101 UPTON AVE N MINNEAPOLIS MN 55411	K A JOHNSON & A M JOHNSON	RESIDENTIAL	$408,200	211 ft

Property History

Most Recent Sale

Date200908

Price$125,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,723