815 SHERIDAN AVE N MINNEAPOLIS MN 55411

PID: 2002924140041

Property Overview

Parcel ID2002924140041

Lot Size5,173 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1920

Property ClassRESIDENTIAL

OwnerMARSHALL HERRON

Assessed Value$171,000

Land Value$23,000

Building Value$148,000

Annual Tax$2,199

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $9K total declared value · Most recent: Jun 2022 (res)

ResJun 2022Closed

CenterPoint Energy Resource Corp

ResJun 2018Closed

Warners Stellian Co Inc

RemodelAug 2017Closed

$1K

AFFORDABLE CONCRETE AND WATERPROOFING INC

MiscAug 2017Closed

$8K

THE HOME DEPOT

ResJul 2017Closed

BWS Heating and Air Conditioning 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth89 ft

Area~2,679 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 2,679 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
819 SHERIDAN AVE N MINNEAPOLIS MN 55411	CITY OF LAKES COMM LAND TRST	RESIDENTIAL	$113,400	40 ft
811 SHERIDAN AVE N MINNEAPOLIS MN 55411	C L BANKS & T A WARE	RESIDENTIAL-TWO UNIT	$322,800	50 ft
823 SHERIDAN AVE N MINNEAPOLIS MN 55411	ELLEN DEYOUNG/VINCENT HANNAM	RESIDENTIAL	$277,300	80 ft
801 SHERIDAN AVE N MINNEAPOLIS MN 55411	R A T ABOAGYE/I ABOAGYE	RESIDENTIAL-TWO UNIT	$320,100	110 ft
831 SHERIDAN AVE N MINNEAPOLIS MN 55411	ERICA HEDLUND	RESIDENTIAL	$258,400	131 ft
814 THOMAS AVE N MINNEAPOLIS MN 55411	JOSEFINA PROPERTIES L.L.C.	RESIDENTIAL	$185,000	141 ft
810 THOMAS AVE N MINNEAPOLIS MN 55411	ABDULRAHMAN ALI ET AL	RESIDENTIAL	$122,000	146 ft
818 THOMAS AVE N MINNEAPOLIS MN 55411	CHLOE DOTY	RESIDENTIAL	$229,800	146 ft
816 SHERIDAN AVE N MINNEAPOLIS MN 55411	FAUSTO R BRITO ALVARADO ETAL	RESIDENTIAL	$272,500	161 ft
806 THOMAS AVE N MINNEAPOLIS MN 55411	JOEL REDPATH SHIELDS	RESIDENTIAL	$104,000	162 ft

Property History

Most Recent Sale

Date202309

Price$160,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,199