303 VINCENT AVE N MINNEAPOLIS MN 55405

PID: 2002924430058

Property Overview

Parcel ID2002924430058

Lot Size6,406 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerMICHAEL J CUSACK

Assessed Value$410,100

Land Value$219,000

Building Value$191,100

Annual Tax$6,186

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $9K total declared value · Most recent: Jan 2025 (res)

ResJan 2025Closed

CenterPoint Energy Resource Corp

ResMay 2024Expired

Urban Pine Plumbing and Mechanical Inc

MiscSep 2023Closed

$9K

R DAVIS CONSTRUCTION INC

ExistresNov 2022Closed

CENTERPOINT ENERGY

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 width40 ft

Buildable depth88 ft

Area~3,523 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 3,523 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
307 VINCENT AVE N MINNEAPOLIS MN 55405	BEN & KATHERINE NEMODE	RESIDENTIAL-TWO UNIT	$433,300	50 ft
299 VINCENT AVE N MINNEAPOLIS MN 55405	D L & M E RUSK	RESIDENTIAL-TWO UNIT	$489,100	50 ft
295 VINCENT AVE N MINNEAPOLIS MN 55405	D M NILSEN & L R NILSEN TR	RESIDENTIAL	$398,700	100 ft
313 VINCENT AVE N MINNEAPOLIS MN 55405	M C DEYOUNG & J J NOVAK	RESIDENTIAL	$494,500	101 ft
302 WASHBURN AVE N MINNEAPOLIS MN 55405	JENIFER LOUISE MCCLURE	RESIDENTIAL	$502,500	142 ft
306 WASHBURN AVE N MINNEAPOLIS MN 55405	T C PAGENHART & G S ROCK	RESIDENTIAL	$497,500	148 ft
291 VINCENT AVE N MINNEAPOLIS MN 55405	SOO-YOUNG LEE	RESIDENTIAL	$446,900	150 ft
298 WASHBURN AVE N MINNEAPOLIS MN 55405	MARK WARREN HERSCHER	RESIDENTIAL	$441,600	150 ft
319 VINCENT AVE N MINNEAPOLIS MN 55405	CHRISTOPHER BENNER	RESIDENTIAL-TWO UNIT	$521,200	156 ft
310 WASHBURN AVE N MINNEAPOLIS MN 55405	A R AUCHTER & B D AUCHTER	RESIDENTIAL	$417,200	165 ft

Property History

Most Recent Sale

Date199512

Price$84,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,186