1917 JAMES AVE S MINNEAPOLIS MN 55403

PID: 2802924340079

Property Overview

Parcel ID2802924340079

Lot Size6,749 sq ft (0.155 ac)

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

Year Built1907

Property ClassRESIDENTIAL

OwnerTHOMAS G & CAROL A ALBIN

Assessed Value$721,000

Land Value$423,000

Building Value$298,000

Annual Tax$11,892

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2022 · $47K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$25K

KAUFMAN SHEET METAL ROOFING INC

MiscSep 2023Closed

$4K

Holmlund Masonry Inc

MiscApr 2022Closed

$17K

KAUFMAN SHEET METAL ROOFING 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~3,798 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 3,798 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1921 JAMES AVE S MINNEAPOLIS MN 55403	RONALD L TRACH	RESIDENTIAL	$911,000	50 ft
1915 JAMES AVE S MINNEAPOLIS MN 55403	ELIZABETH BECK/PAUL BECK	RESIDENTIAL	$1,260,100	50 ft
1925 JAMES AVE S MINNEAPOLIS MN 55403	MADELEINE F LOWRY REV TRUST	RESIDENTIAL	$1,050,900	100 ft
1909 JAMES AVE S MINNEAPOLIS MN 55403	P E HALLAWAY & M J HALLAWAY	RESIDENTIAL	$878,500	100 ft
1916 IRVING AVE S MINNEAPOLIS MN 55403	M S PATRICK & W B PATRICK	RESIDENTIAL	$1,006,300	135 ft
1912 IRVING AVE S MINNEAPOLIS MN 55403	F REED & R MHIRIPIRI	RESIDENTIAL	$1,445,900	144 ft
1920 IRVING AVE S MINNEAPOLIS MN 55403	V TOLLEMAR & R W TOLLEMAR	RESIDENTIAL	$1,144,900	144 ft
1929 JAMES AVE S MINNEAPOLIS MN 55403	G E FINN & J C BOEKE	RESIDENTIAL	$1,039,900	150 ft
1905 JAMES AVE S MINNEAPOLIS MN 55403	E A NEWMAN & J I GEPNER TRS	RESIDENTIAL	$913,000	150 ft
1908 IRVING AVE S MINNEAPOLIS MN 55403	J P LUNDBLAD & E E EMMETTE	RESIDENTIAL	$1,000,000	168 ft

Property History

Most Recent Sale

Date198910

Price$220,200

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$11,892