1787 IRVING AVE S MINNEAPOLIS MN 55403

PID: 2802924340010

Property Overview

Parcel ID2802924340010

Lot Size6,749 sq ft (0.155 ac)

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

Year Built1901

Property ClassRESIDENTIAL

OwnerE BORGIDA & S M WOLF

Assessed Value$985,900

Land Value$341,000

Building Value$644,900

Annual Tax$16,903

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2019 · $6K total declared value · Most recent: Aug 2024 (res)

ResAug 2024Closed

Kenwood Plumbing Inc

MiscDec 2019Closed

$6K

RENEWAL BY ANDERSEN CORP

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

Neighborhood Profile

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

Market Snapshot

Zip code 55403

Median sale price$315K+32.9% YoY

Median price / sqft$205/sqft

Median days to close111 days

Active listings62

Source: Redfin Data Center (Invalid Date) · Zip 55403

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width122 ft

Buildable depth10 ft

Area~3,513 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 3,513 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1783 IRVING AVE S MINNEAPOLIS MN 55403	M P SWANSON & K M SPRAITZ	RESIDENTIAL	$1,136,600	50 ft
1779 IRVING AVE S MINNEAPOLIS MN 55403	JAMES LOKEN ETAL	RESIDENTIAL	$836,300	100 ft
1801 IRVING AVE S MINNEAPOLIS MN 55403	JOHN PETERMAN/SARA PETERMAN	RESIDENTIAL	$1,234,000	110 ft
1502 SUMMIT AVE MINNEAPOLIS MN 55403	PETER J YACKEL	RESIDENTIAL-TWO UNIT	$774,100	135 ft
1782 HUMBOLDT AVE S MINNEAPOLIS MN 55403	S SCHMIDT & J A SCHMIDT	RESIDENTIAL	$1,191,000	144 ft
1775 IRVING AVE S MINNEAPOLIS MN 55403	L K PETERSON ET ALSUBJ/L E	RESIDENTIAL	$834,100	150 ft
1805 IRVING AVE S MINNEAPOLIS MN 55403	C WALCKER & N WALCKER	RESIDENTIAL	$1,339,100	160 ft
1778 HUMBOLDT AVE S MINNEAPOLIS MN 55403	CHARLOTTE M RUED	RESIDENTIAL-TWO UNIT	$712,300	167 ft
1800 HUMBOLDT AVE S MINNEAPOLIS MN 55403	L J BALFOUR & E E KOLCINSKI	RESIDENTIAL	$965,200	174 ft
1790 IRVING AVE S MINNEAPOLIS MN 55403	K BARCLAY & D BADGEROW TRSTS	RESIDENTIAL	$1,590,100	195 ft

Property History

Most Recent Sale

Date199609

Price$379,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,903