18 3RD AVE S MINNEAPOLIS MN 55401

PID: 2302924320572

Property Overview

Parcel ID2302924320572

Lot Size4,862 sq ft (0.112 ac)

Lot Dimensions (est.)136 ft wide × 36 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerU S POSTAL SERVICE

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — St. Anthony Falls

Development Opportunities

Historic district — St. Anthony FallsHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Downtown West · Minneapolis

Median reported rent1,711/mo

Renter-occupied65.0%

Median home value$325K

Vacancy rate8.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1261.01

Market Snapshot

Zip code 55401

Median sale price$410K-14.2% YoY

Median price / sqft$331/sqft

Median days to close70 days

Active listings86

Source: Redfin Data Center (Invalid Date) · Zip 55401

Zoning

DT1Downtown Center

Downtown Center 1 — urban core district

Typical Uses

·Office towers
·Hotels
·High-rise residential
·Entertainment
·Retail

Development Potential

Setbacks

Front0 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width136 ft

Buildable depth36 ft

Area~4,896 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
20 3RD AVE S MINNEAPOLIS MN 55401	CHICAGO & NORTHWESTERN RR	LAND-COMMERCIAL	$30,000	150 ft
1 ADDRESS UNASSIGNED MINNEAPOLIS MN 00000	BURLINGTON NORTHERN INC	RAILROAD	$0	347 ft
1 ADDRESS UNASSIGNED MINNEAPOLIS MN 00000	CHICAGO & NORTHWESTERN RR	RAILROAD	$848,700	347 ft
1 HENNEPIN AVE MINNEAPOLIS MN 55401	CITY OF MPLS PK BK	LAND-COMMERCIAL	$0	347 ft
MN	Unknown	—	—	347 ft
304 1ST ST S MINNEAPOLIS MN 55401	CITY OF MINNEAPOLIS PK BOARD	LAND-COMMERCIAL	$0	374 ft
306 1ST ST S MINNEAPOLIS MN 55401	CITY OF MPLS PARK BOARD	LAND-COMMERCIAL	$0	377 ft
100 1ST ST S MINNEAPOLIS MN 55401	UNITED STATES POSTAL SERVICE	COMMERCIAL-PREFERRED	$0	435 ft
100 3RD AVE S MINNEAPOLIS MN 55401	SHARON ELMORE & THOMAS DOYLE	CONDOMINIUM	$593,800	447 ft
100 3RD AVE S MINNEAPOLIS MN 55401	DAVID H CAMERON	CONDOMINIUM	$500,700	447 ft

Property History

Current Tax Year

Year2026

Tax Due$0