1937 IRVING AVE S MINNEAPOLIS MN 55403

PID: 2802924340051

Property Overview

Parcel ID2802924340051

Lot Size6,751 sq ft (0.155 ac)

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

Year Built1901

Property ClassRESIDENTIAL

OwnerC L O'BRIEN LIV TRUST

Assessed Value$1,048,900

Land Value$368,000

Building Value$680,900

Annual Tax$18,210

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · $158K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$158K

GARLOCK FRENCH ROOFING

ResMay 2018Closed

Urban Pine Plumbing and Mechanical Inc

ExistresJan 2018Closed

Centraire Heating & Air Conditioning LLC

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth95 ft

Area~3,799 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 3,799 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1941 IRVING AVE S MINNEAPOLIS MN 55403	KATHRYN ROZIN MICHAEL ROZIN	RESIDENTIAL-TWO UNIT	$1,301,200	58 ft
1931 IRVING AVE S MINNEAPOLIS MN 55403	KELLY WINDORSKI & KIM WONG	RESIDENTIAL	$1,954,000	75 ft
1510 FRANKLIN AVE W MINNEAPOLIS MN 55405	A J DIPPER & C J GIVENS	RESIDENTIAL	$581,100	87 ft
1942 HUMBOLDT AVE S MINNEAPOLIS MN 55403	N A PEYER & A K HARRISON	RESIDENTIAL	$1,414,000	145 ft
1932 HUMBOLDT AVE S MINNEAPOLIS MN 55403	M T LINDHOLM & K C LINDHOLM	RESIDENTIAL	$1,112,000	146 ft
1925 IRVING AVE S MINNEAPOLIS MN 55403	A & S WOLLAN FAN	RESIDENTIAL	$1,422,300	150 ft
1928 HUMBOLDT AVE S MINNEAPOLIS MN 55403	M J SCHWARM & A V SCHWARM	RESIDENTIAL	$1,029,700	171 ft
1942 IRVING AVE S MINNEAPOLIS MN 55403	RICHARD W WRIGHT	RESIDENTIAL-TWO UNIT	$979,200	184 ft
1936 IRVING AVE S MINNEAPOLIS MN 55403	JOYCE RUTH MINOR & DAN SACHS	RESIDENTIAL	$1,115,200	194 ft
1921 IRVING AVE S MINNEAPOLIS MN 55403	ANTHONY S ECKLUND-KOUBA ETAL	RESIDENTIAL	$1,358,000	200 ft

Property History

Most Recent Sale

Date200507

Price$995,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$18,210