1814 LINCOLN AVE MINNEAPOLIS MN 55403

PID: 2802924340155

Property Overview

Parcel ID2802924340155

Lot Size20,248 sq ft (0.465 ac)

Lot Dimensions (est.)135 ft wide × 150 ft deep

Year Built1914

Property ClassCONDOMINIUM

OwnerCHRISTOPHER R LJUNGKULL

Assessed Value$1,105,000

Land Value$171,000

Building Value$934,000

Annual Tax$19,156

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $50K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Expired

$30K

RENEWAL BY ANDERSEN CORP

Commercial Multi-FamilyMar 2019Closed

$4K

GV Heating and Air Inc

Commercial Multi-FamilyApr 2018Closed

$14K

Blue Ox Heating and Air LLC

Commercial Multi-FamilyMay 2017Closed

$2K

Blue Ox Heating and Air 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 depth110 ft

Area~13,423 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 13,423 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1821 LOGAN AVE S MINNEAPOLIS MN 55403	THOMAS C RYAN & JODY L RYAN	CONDOMINIUM	$1,619,000	0 ft
1819 LOGAN AVE S MINNEAPOLIS MN 55403	STEVEN W WALKER REV TRUST	CONDOMINIUM	$1,938,000	0 ft
1821 LOGAN AVE S MINNEAPOLIS MN 55403	THOMAS C RYAN & JODY L RYAN	CONDO GARAGE/MISCELLANEOUS	$28,600	0 ft
1819 LOGAN AVE S MINNEAPOLIS MN 55403	STEVEN W WALKER REV TRUST	CONDO GARAGE/MISCELLANEOUS	$28,600	0 ft
1814 LINCOLN AVE MINNEAPOLIS MN 55403	CHRISTOPHER R LJUNGKULL	CONDO GARAGE/MISCELLANEOUS	$28,600	0 ft
1812 LINCOLN AVE MINNEAPOLIS MN 55403	J DOUGAN & B KLIMES-DOUGAN	CONDOMINIUM	$605,000	0 ft
MN	Unknown	—	—	0 ft
1805 LOGAN AVE S MINNEAPOLIS MN 55403	1805 LOGAN AVENUE LLC	RESIDENTIAL	$2,279,000	123 ft
1814 KNOX AVE S MINNEAPOLIS MN 55403	YENNI CHEN & CHIN CHONG	RESIDENTIAL	$1,225,000	138 ft
1820 KNOX AVE S MINNEAPOLIS MN 55403	CARMEN TONG/CORBETT SHELTON	RESIDENTIAL	$1,973,000	140 ft

Property History

Most Recent Sale

Date200212

Price$763,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$19,156