1920 JAMES AVE S MINNEAPOLIS MN 55403

PID: 2802924340092

Property Overview

Parcel ID2802924340092

Lot Size6,749 sq ft (0.155 ac)

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

Year Built1908

Property ClassRESIDENTIAL

OwnerS D PEARSON & K J PEARSON

Assessed Value$971,000

Land Value$423,000

Building Value$548,000

Annual Tax$16,621

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2003 · $278K total declared value · Most recent: Nov 2023 (misc)

MiscNov 2023Closed

$28K

Renda the Roofer

ExistresDec 2020Closed

Standard Heating and Air Conditioning Inc

MiscNov 2018Closed

$20K

YTF CONTRACTING

RemodelNov 2017Closed

$16K

SCOTT GOODWIN CONSTRUCTION LLC

ResNov 2017Closed

BROLL 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%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1916 JAMES AVE S MINNEAPOLIS MN 55403	L G JANDA & G JANDA	RESIDENTIAL	$1,518,300	50 ft
1924 JAMES AVE S MINNEAPOLIS MN 55403	ANDREW BUNNEY & ANYA BUNNEY	RESIDENTIAL	$1,142,200	50 ft
1912 JAMES AVE S MINNEAPOLIS MN 55403	GRETA CHIZEK/MAX PERKINS	RESIDENTIAL	$838,900	100 ft
1928 JAMES AVE S MINNEAPOLIS MN 55403	J G KAPANKE & S M KAPANKE	RESIDENTIAL	$1,029,100	100 ft
1923 KNOX AVE S MINNEAPOLIS MN 55403	JOSEPH BENJAMIN LILLEGARD	RESIDENTIAL	$2,279,000	135 ft
1908 JAMES AVE S MINNEAPOLIS MN 55403	R S SHNIDER & S N FRIEND	RESIDENTIAL	$937,300	150 ft
1932 JAMES AVE S MINNEAPOLIS MN 55403	P & S COLICH	RESIDENTIAL	$1,164,000	150 ft
1915 KNOX AVE S MINNEAPOLIS MN 55403	B I ALPER & C ALPER	RESIDENTIAL	$1,488,600	157 ft
1929 KNOX AVE S MINNEAPOLIS MN 55403	SARAH DOUGHERTY REKAS	RESIDENTIAL	$2,037,000	170 ft
1921 JAMES AVE S MINNEAPOLIS MN 55403	RONALD L TRACH	RESIDENTIAL	$911,000	194 ft

Property History

Most Recent Sale

Date200205

Price$647,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$16,621