2009 LAUREL AVE W MINNEAPOLIS MN 55405

PID: 2802924220147

Property Overview

Parcel ID2802924220147

Lot Size6,750 sq ft (0.155 ac)

Lot Dimensions (est.)50 ft wide × 135 ft deep

Year Built1903

Property ClassRESIDENTIAL

OwnerJ P MADER & K TREUTING

Assessed Value$559,200

Land Value$200,000

Building Value$359,200

Annual Tax$8,825

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2018 · $26K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Expired

$4K

THE WINDOW STORE INC

ResDec 2021Closed

Warners Stellian Co Inc

ResNov 2021Closed

MN Plumbing & Home Services INC

MiscSep 2020Closed

$15K

RENEWAL BY ANDERSEN CORP

MiscAug 2018Closed

$8K

SELA ROOFING AND REMODELING INC

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 depth95 ft

Area~3,801 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 3,801 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2015 LAUREL AVE W MINNEAPOLIS MN 55405	HENRY M DOUGHERTY	RESIDENTIAL	$631,000	50 ft
2007 LAUREL AVE W MINNEAPOLIS MN 55405	JOEL C MCLAY & E P MCLAY	RESIDENTIAL	$821,000	60 ft
2019 LAUREL AVE W MINNEAPOLIS MN 55405	S M HORSFALL & B W ANDERSON	RESIDENTIAL	$505,000	100 ft
420 NEWTON AVE S MINNEAPOLIS MN 55405	JOSEPH WAGNER & JAN WAGNER	RESIDENTIAL	$748,000	102 ft
2101 LAUREL AVE W MINNEAPOLIS MN 55405	KATHLEEN J HURLEY	RESIDENTIAL	$418,700	150 ft
424 NEWTON AVE S MINNEAPOLIS MN 55405	S E ERICKSON & E L ERICKSON	RESIDENTIAL-TWO UNIT	$707,300	161 ft
411 NEWTON AVE S MINNEAPOLIS MN 55405	BRANDON BRANTNER	RESIDENTIAL	$653,700	189 ft
2008 LAUREL AVE W MINNEAPOLIS MN 55405	K WHEELER & J R WHEELER	RESIDENTIAL	$813,700	195 ft
2105 LAUREL AVE W MINNEAPOLIS MN 55405	JAN BACA & KRISTYNA BACOVA	RESIDENTIAL	$484,900	199 ft
2006 LAUREL AVE W MINNEAPOLIS MN 55405	JEFFREY R/HEATHER K WEIGAND	RESIDENTIAL	$508,000	199 ft

Property History

Most Recent Sale

Date199205

Price$119,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,825