1767 JAMES AVE S MINNEAPOLIS MN 55403

PID: 2802924340098

Property Overview

Parcel ID2802924340098

Lot Size6,749 sq ft (0.155 ac)

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

Year Built1923

Property ClassRESIDENTIAL-TWO UNIT

OwnerSUSAN A HIESTAND

Assessed Value$818,500

Land Value$361,000

Building Value$457,500

Annual Tax$14,003

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $19K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$19K

ALLSTAR CONSTRUCTION COMMERCIAL LLC

ExistresSep 2018Closed

Metro Heating & Cooling 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

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~3,514 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 3,514 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
1771 JAMES AVE S MINNEAPOLIS MN 55403	KATHRYN A GRANING REV TRUST	CONDOMINIUM	$426,000	50 ft
1771 JAMES AVE S MINNEAPOLIS MN 55403	ANTHONY BATTLES	CONDOMINIUM	$413,000	50 ft
MN	Unknown	—	—	50 ft
1777 JAMES AVE S MINNEAPOLIS MN 55403	PAMELA N DOW LIV TRUST ET AL	RESIDENTIAL	$778,700	100 ft
1737 JAMES AVE S MINNEAPOLIS MN 55403	ALLEN W BECK	RESIDENTIAL-TWO UNIT	$707,400	127 ft
1766 IRVING AVE S MINNEAPOLIS MN 55403	R A FORSCHLER & K BREEN	RESIDENTIAL	$1,130,000	135 ft
1774 IRVING AVE S MINNEAPOLIS MN 55403	J GRASSLEY & M F COCKSON	RESIDENTIAL	$1,472,900	150 ft
1779 JAMES AVE S MINNEAPOLIS MN 55403	T WEBSTER & A WEBSTER	RESIDENTIAL	$870,900	150 ft
1738 IRVING AVE S MINNEAPOLIS MN 55403	L B TOSCANO & A L WELLNITZ	RESIDENTIAL	$1,154,900	174 ft
1778 IRVING AVE S MINNEAPOLIS MN 55403	M J & S M WALL TRUST	RESIDENTIAL	$1,266,000	184 ft

Property History

Most Recent Sale

Date198603

Price$189,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$14,003