908 9TH AVE S E MINNEAPOLIS MN 55414

PID: 2402924210030

Property Overview

Parcel ID2402924210030

Lot Size2,647 sq ft (0.061 ac)

Lot Dimensions (est.)68 ft wide × 39 ft deep

Year Built1990

Property ClassRESIDENTIAL-TWO UNIT

OwnerKAE PARTNERS LLC

Assessed Value$362,600

Land Value$93,000

Building Value$269,600

Annual Tax$6,887

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · $11K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$11K

NEXGEN EXTERIORS INC

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

Neighborhood Profile

Marcy Holmes · Minneapolis

Median reported rent1,144/mo

Renter-occupied96.6%

Median home value—

Vacancy rate12.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 38.01

Market Snapshot

Zip code 55414

Median sale price$385K+13.2% YoY

Median price / sqft$233/sqft

Median days to close91 days

Active listings36

Source: Redfin Data Center (Invalid Date) · Zip 55414

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width58 ft

Buildable depth0 ft

Area~107 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 107 sqft buildable area.

Est. units

Yield on cost

8.5%

Spread

+3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
904 9TH AVE S E MINNEAPOLIS MN 55414	VICTOR RUBIO	RESIDENTIAL-TWO UNIT	$360,800	43 ft
912 9TH AVE S E MINNEAPOLIS MN 55414	J S TSCHOHL & P TSCHOHL	RESIDENTIAL-TWO UNIT	$338,400	44 ft
900 9TH AVE S E MINNEAPOLIS MN 55414	G A GAMBUCCI & R M GAMBUCCI	RESIDENTIAL-TWO UNIT	$302,200	64 ft
916 9TH AVE S E MINNEAPOLIS MN 55414	SAMUEL VAAGEN	RESIDENTIAL-TWO UNIT	$348,900	84 ft
920 9TH AVE S E MINNEAPOLIS MN 55414	J S TSCHOHL & P TSCHOHL	RESIDENTIAL-TWO UNIT	$326,300	127 ft
924 9TH AVE S E MINNEAPOLIS MN 55414	AARON A SALGADO CABRERA	RESIDENTIAL-TWO UNIT	$325,100	133 ft
812 9TH AVE S E MINNEAPOLIS MN 55414	G A GAMBUCCI & R M GAMBUCCI	APARTMENT	$621,000	162 ft
824 9TH AVE S E MINNEAPOLIS MN 55414	C E FULLER ADDITION HMOW ASC	VACANT LAND-RESIDENTIAL	$100,000	170 ft
808 9TH AVE S E MINNEAPOLIS MN 55414	808 SE 9TH AVE LLC	RESIDENTIAL-TWO UNIT	$294,500	215 ft
800 9TH AVE S E MINNEAPOLIS MN 55414	GREGORY LEY	APARTMENT	$665,000	267 ft

Property History

Most Recent Sale

Date201609

Price$235,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,887