1932 HUMBOLDT AVE S MINNEAPOLIS MN 55403

PID: 2802924340163

Property Overview

Parcel ID2802924340163

Lot Size8,865 sq ft (0.204 ac)

Lot Dimensions (est.)135 ft wide × 66 ft deep

Year Built1909

Property ClassRESIDENTIAL

OwnerM T LINDHOLM & K C LINDHOLM

Assessed Value$1,112,000

Land Value$332,000

Building Value$780,000

Annual Tax$19,288

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $45K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$45K

KAUFMAN SHEET METAL ROOFING INC

ExistresApr 2017Closed

Sayler Heating & Air Conditioning 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 width63 ft

Buildable depth81 ft

Area~4,992 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 4,992 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1928 HUMBOLDT AVE S MINNEAPOLIS MN 55403	M J SCHWARM & A V SCHWARM	RESIDENTIAL	$1,029,700	64 ft
1942 HUMBOLDT AVE S MINNEAPOLIS MN 55403	N A PEYER & A K HARRISON	RESIDENTIAL	$1,414,000	75 ft
1510 FRANKLIN AVE W MINNEAPOLIS MN 55405	A J DIPPER & C J GIVENS	RESIDENTIAL	$581,100	120 ft
1924 HUMBOLDT AVE S MINNEAPOLIS MN 55403	S E SAYLER & T T SAYLER	RESIDENTIAL	$1,137,000	124 ft
1931 IRVING AVE S MINNEAPOLIS MN 55403	KELLY WINDORSKI & KIM WONG	RESIDENTIAL	$1,954,000	144 ft
1937 IRVING AVE S MINNEAPOLIS MN 55403	C L O'BRIEN LIV TRUST	RESIDENTIAL	$1,048,900	146 ft
1925 IRVING AVE S MINNEAPOLIS MN 55403	A & S WOLLAN FAN	RESIDENTIAL	$1,422,300	177 ft
1925 HUMBOLDT AVE S MINNEAPOLIS MN 55403	EDWARD JAMES SANDOR	RESIDENTIAL	$541,900	183 ft
1918 HUMBOLDT AVE S MINNEAPOLIS MN 55403	BRIAN OWENS	RESIDENTIAL	$1,582,200	184 ft
1941 IRVING AVE S MINNEAPOLIS MN 55403	KATHRYN ROZIN MICHAEL ROZIN	RESIDENTIAL-TWO UNIT	$1,301,200	185 ft

Property History

Most Recent Sale

Date201202

Price$865,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$19,288