1221 MOUNT CURVE AVE MINNEAPOLIS MN 55403

PID: 2802924420175

Property Overview

Parcel ID2802924420175

Lot Size8,772 sq ft (0.201 ac)

Lot Dimensions (est.)135 ft wide × 65 ft deep

Year Built1914

Property ClassCONDOMINIUM

OwnerMARTHA C NERENHAUSEN ET AL

Assessed Value$628,000

Land Value$158,000

Building Value$470,000

Annual Tax$10,379

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $64K total declared value · Most recent: Mar 2026 (misc)

MiscMar 2026Closed

$5K

Summit Installations LLC

RoofwindDec 2023Expired

$30K

Garlock French Roofing Corporation

ExistresSep 2021Closed

Perfection Heating and Air Conditioning Inc

MiscJul 2021Closed

$27K

GARLOCK FRENCH ROOFING

MiscNov 2019Closed

$3K

GARLOCK FRENCH ROOFING

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 depth25 ft

Area~1,945 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 1,945 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1223 MOUNT CURVE AVE MINNEAPOLIS MN 55403	MARTHA C NERENHAUSEN ET AL	CONDOMINIUM	$543,000	0 ft
MN	Unknown	—	—	0 ft
1216 DOUGLAS AVE MINNEAPOLIS MN 55403	AARON HANAUER/COLLEEN AYERS	TRIPLEX	$779,800	73 ft
1212 DOUGLAS AVE MINNEAPOLIS MN 55403	AIDAN SHEEHY/JOSEPH FROEHLE	RESIDENTIAL-TWO UNIT	$602,200	82 ft
MN	Unknown	—	—	90 ft
1220 DOUGLAS AVE MINNEAPOLIS MN 55403	KYLE D HANSON/JOHN M STUMME	CONDOMINIUM	$441,000	90 ft
1222 DOUGLAS AVE MINNEAPOLIS MN 55403	KIMARY S KNUTSON	CONDOMINIUM	$474,000	90 ft
911 MOUNT CURVE AVE MINNEAPOLIS MN 55403	PARK BOARD	VACANT LAND-RESIDENTIAL	$0	104 ft
1716 EMERSON AVE S MINNEAPOLIS MN 55403	P R UNGLAUB & W C UNGLAUB	RESIDENTIAL	$1,014,000	125 ft
1720 EMERSON AVE S MINNEAPOLIS MN 55403	PHILLIP RADKE	CONDOMINIUM	$526,000	129 ft

Property History

Most Recent Sale

Date201707

Price$950,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$10,379