253 VINCENT AVE N MINNEAPOLIS MN 55405

PID: 2002924430105

Property Overview

Parcel ID2002924430105

Lot Size6,402 sq ft (0.147 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerJONATHAN S GILBERT

Assessed Value$370,300

Land Value$219,000

Building Value$151,300

Annual Tax$5,522

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $9K total declared value · Most recent: Jun 2025 (existres)

ExistresJun 2025Inspection

Professional Mechanical Services LLC

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscOct 2023Closed

$9K

ALL AROUND PROPERTY PRESERVATION

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~3,520 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 3,520 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
257 VINCENT AVE N MINNEAPOLIS MN 55405	RANDY L MOE	RESIDENTIAL	$380,400	46 ft
249 VINCENT AVE N MINNEAPOLIS MN 55405	MORGAN BOONE ZUEHLKE	RESIDENTIAL	$452,000	50 ft
245 VINCENT AVE N MINNEAPOLIS MN 55405	CATHY J HEDBERG	RESIDENTIAL	$427,700	100 ft
256 WASHBURN AVE N MINNEAPOLIS MN 55405	A JOHNSON & L WASCHBUSCH	RESIDENTIAL	$539,200	142 ft
260 WASHBURN AVE N MINNEAPOLIS MN 55405	EMMA WIEDNER & JOSEPH OTTO	RESIDENTIAL	$545,500	149 ft
243 VINCENT AVE N MINNEAPOLIS MN 55405	IAN EHLERT / PATRICE EHLERT	RESIDENTIAL	$411,600	150 ft
252 WASHBURN AVE N MINNEAPOLIS MN 55405	S POOR & LYDIA W POOR	RESIDENTIAL	$491,400	150 ft
283 VINCENT AVE N MINNEAPOLIS MN 55405	D FAZIO & M A ANDREWS	RESIDENTIAL	$745,000	154 ft
248 WASHBURN AVE N MINNEAPOLIS MN 55405	G A HOOKER & C M HOOKER	RESIDENTIAL	$512,800	174 ft
264 VINCENT AVE N MINNEAPOLIS MN 55405	G ANDERSON & M BACHARACH	RESIDENTIAL	$914,000	187 ft

Property History

Most Recent Sale

Date200407

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,522