256 VINCENT AVE N MINNEAPOLIS MN 55405

PID: 2002924430053

Property Overview

Parcel ID2002924430053

Lot Size5,120 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerCELIA CHARLOTTE BOREN

Assessed Value$426,900

Land Value$198,000

Building Value$228,900

Annual Tax$6,466

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2017 · $37K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Final Inspection

$8K

SCHERER BROTHERS LUMBER CO

ResDec 2024Closed

CenterPoint Energy Resource Corp

ExistresDec 2024Cancelled

Blue Ox Heating and Air LLC

ExistresDec 2024Inspection

Blue Ox Heating and Air LLC

ResApr 2024Expired

Paul Bunyan Plumbing, LLC

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

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 depth88 ft

Area~2,639 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 2,639 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
260 VINCENT AVE N MINNEAPOLIS MN 55405	T P THULEN & E R NELSON	RESIDENTIAL	$496,800	45 ft
252 VINCENT AVE N MINNEAPOLIS MN 55405	ERIC JAMES KIEFFER	RESIDENTIAL	$414,400	60 ft
264 VINCENT AVE N MINNEAPOLIS MN 55405	G ANDERSON & M BACHARACH	RESIDENTIAL	$914,000	100 ft
244 VINCENT AVE N MINNEAPOLIS MN 55405	LENI L ERICKSON	RESIDENTIAL	$497,200	160 ft
272 VINCENT AVE N MINNEAPOLIS MN 55405	H W GASTERLAND REV TR ET AL	RESIDENTIAL	$698,900	185 ft
245 VINCENT AVE N MINNEAPOLIS MN 55405	CATHY J HEDBERG	RESIDENTIAL	$427,700	187 ft
243 VINCENT AVE N MINNEAPOLIS MN 55405	IAN EHLERT / PATRICE EHLERT	RESIDENTIAL	$411,600	193 ft
249 VINCENT AVE N MINNEAPOLIS MN 55405	MORGAN BOONE ZUEHLKE	RESIDENTIAL	$452,000	195 ft
241 VINCENT AVE N MINNEAPOLIS MN 55405	MICHELLE F GROSS	RESIDENTIAL	$396,400	210 ft
253 VINCENT AVE N MINNEAPOLIS MN 55405	JONATHAN S GILBERT	RESIDENTIAL	$370,300	214 ft

Property History

Most Recent Sale

Date202306

Price$425,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,466