1787 HUMBOLDT AVE S MINNEAPOLIS MN 55403

PID: 2802924430094

Property Overview

Parcel ID2802924430094

Lot Size6,752 sq ft (0.155 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerD H WEISER & M SULLIVAN

Assessed Value$697,100

Land Value$271,000

Building Value$426,100

Annual Tax$11,663

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2023 · $26K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Closed

Polo Plumbing Inc

ResNov 2025Closed

Warners Stellian Co Inc

ExistresNov 2025Closed

Hoffman Refrigeration and Heating Ltd

MiscJul 2023Closed

$26K

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 depth10 ft

Area~3,516 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 3,516 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1783 HUMBOLDT AVE S MINNEAPOLIS MN 55403	J M HERFURTH & F B HERFURTH	RESIDENTIAL	$1,103,800	50 ft
1779 HUMBOLDT AVE S MINNEAPOLIS MN 55403	J T KAATZ/P J KJORSTAD-KAATZ	RESIDENTIAL	$855,600	100 ft
1801 HUMBOLDT AVE S MINNEAPOLIS MN 55403	WENDY M NELSON TRUSTEE	RESIDENTIAL	$2,503,000	130 ft
MN	Unknown	—	—	136 ft
1788 GIRARD AVE S MINNEAPOLIS MN 55403	R H DAWALD & S KAZUKEWICZ	CONDOMINIUM	$526,000	136 ft
1790 GIRARD AVE S MINNEAPOLIS MN 55403	M LEIBOWITZ & J LEIBOWITZ	CONDOMINIUM	$509,000	136 ft
1775 HUMBOLDT AVE S MINNEAPOLIS MN 55403	N W MOULTON & K RYBERG	RESIDENTIAL	$782,000	150 ft
1780 GIRARD AVE S MINNEAPOLIS MN 55403	G N & C W PUZAK	RESIDENTIAL	$964,900	161 ft
1502 SUMMIT AVE MINNEAPOLIS MN 55403	PETER J YACKEL	RESIDENTIAL-TWO UNIT	$774,100	195 ft
1771 HUMBOLDT AVE S MINNEAPOLIS MN 55403	J T BUMSTEAD & S B GHASSEMI	RESIDENTIAL	$1,126,000	200 ft

Property History

Most Recent Sale

Date199404

Price$315,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$11,663