916 9TH AVE S E MINNEAPOLIS MN 55414

PID: 2402924210032

Property Overview

Parcel ID2402924210032

Lot Size2,280 sq ft (0.052 ac)

Lot Dimensions (est.)66 ft wide × 34 ft deep

Year Built1990

Property ClassRESIDENTIAL-TWO UNIT

OwnerSAMUEL VAAGEN

Assessed Value$348,900

Land Value$85,000

Building Value$263,900

Annual Tax$6,626

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2024 · $27K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$18K

NEXGEN EXTERIORS INC

MiscFeb 2024Closed

$9K

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 width56 ft

Buildable depth0 ft

Area~5 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 5 sqft buildable area.

Est. units

Yield on cost

11.7%

Spread

+6.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
912 9TH AVE S E MINNEAPOLIS MN 55414	J S TSCHOHL & P TSCHOHL	RESIDENTIAL-TWO UNIT	$338,400	40 ft
920 9TH AVE S E MINNEAPOLIS MN 55414	J S TSCHOHL & P TSCHOHL	RESIDENTIAL-TWO UNIT	$326,300	43 ft
924 9TH AVE S E MINNEAPOLIS MN 55414	AARON A SALGADO CABRERA	RESIDENTIAL-TWO UNIT	$325,100	64 ft
908 9TH AVE S E MINNEAPOLIS MN 55414	KAE PARTNERS LLC	RESIDENTIAL-TWO UNIT	$362,600	84 ft
900 9TH AVE S E MINNEAPOLIS MN 55414	G A GAMBUCCI & R M GAMBUCCI	RESIDENTIAL-TWO UNIT	$302,200	124 ft
904 9TH AVE S E MINNEAPOLIS MN 55414	VICTOR RUBIO	RESIDENTIAL-TWO UNIT	$360,800	127 ft
812 9TH AVE S E MINNEAPOLIS MN 55414	G A GAMBUCCI & R M GAMBUCCI	APARTMENT	$621,000	159 ft
824 9TH AVE S E MINNEAPOLIS MN 55414	C E FULLER ADDITION HMOW ASC	VACANT LAND-RESIDENTIAL	$100,000	159 ft
808 9TH AVE S E MINNEAPOLIS MN 55414	808 SE 9TH AVE LLC	RESIDENTIAL-TWO UNIT	$294,500	208 ft
800 9TH AVE S E MINNEAPOLIS MN 55414	GREGORY LEY	APARTMENT	$665,000	258 ft

Property History

Most Recent Sale

Date202206

Price$398,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,626