1936 IRVING AVE S MINNEAPOLIS MN 55403

PID: 2802924340070

Property Overview

Parcel ID2802924340070

Lot Size6,752 sq ft (0.155 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerJOYCE RUTH MINOR & DAN SACHS

Assessed Value$1,115,200

Land Value$368,000

Building Value$747,200

Annual Tax$19,465

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $45K total declared value · Most recent: Feb 2025 (res)

ResFeb 2025Inspection

Warners Stellian Co Inc

MiscSep 2024Closed

$37K

GARLOCK FRENCH ROOFING

AdditionJul 2019Closed

$8K

PLEKKENPOL BUILDERS INC

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~3,800 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 3,800 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
1942 IRVING AVE S MINNEAPOLIS MN 55403	RICHARD W WRIGHT	RESIDENTIAL-TWO UNIT	$979,200	58 ft
1930 IRVING AVE S MINNEAPOLIS MN 55403	C J HUNTLEY & M T HUNTLEY	RESIDENTIAL	$1,351,000	70 ft
1610 FRANKLIN AVE W MINNEAPOLIS MN 55405	A CARLSON & L HOLLINGSWORTH	RESIDENTIAL	$690,500	73 ft
1937 JAMES AVE S MINNEAPOLIS MN 55403	J THOMAS NELSON REVOC TRUST	RESIDENTIAL	$1,043,800	134 ft
1933 JAMES AVE S MINNEAPOLIS MN 55403	M S GAINES & S S GAINES	RESIDENTIAL	$1,025,000	144 ft
1924 IRVING AVE S MINNEAPOLIS MN 55403	MATTHEW D DORNQUAST REV TR	RESIDENTIAL	$1,637,000	145 ft
1941 JAMES AVE S MINNEAPOLIS MN 55403	A SEASTRAND & J GANTA	RESIDENTIAL	$1,126,800	145 ft
1929 JAMES AVE S MINNEAPOLIS MN 55403	G E FINN & J C BOEKE	RESIDENTIAL	$1,039,900	168 ft
1941 IRVING AVE S MINNEAPOLIS MN 55403	KATHRYN ROZIN MICHAEL ROZIN	RESIDENTIAL-TWO UNIT	$1,301,200	184 ft
1937 IRVING AVE S MINNEAPOLIS MN 55403	C L O'BRIEN LIV TRUST	RESIDENTIAL	$1,048,900	194 ft

Property History

Most Recent Sale

Date200604

Price$1,275,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$19,465