2319 LAUREL AVE W MINNEAPOLIS MN 55405

PID: 2902924140051

Property Overview

Parcel ID2902924140051

Lot Size3,866 sq ft (0.089 ac)

Lot Dimensions (est.)39 ft wide × 100 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerCLETUS J MAYCHRZAK

Assessed Value$382,800

Land Value$161,000

Building Value$221,800

Annual Tax$5,730

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2021 · $40K total declared value · Most recent: Oct 2024 (misc)

MiscOct 2024Closed

$3K

Minnesota Rusco Inc

ResMar 2024Closed

Warners Stellian Co Inc

MiscOct 2023Closed

$19K

PELLA NORTHLAND

MiscSep 2023Closed

$12K

KNM MN MX CONSTRUCTION LLC

ResMar 2023Closed

Warners Stellian Co Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

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 width28 ft

Buildable depth62 ft

Area~1,721 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 1,721 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2323 LAUREL AVE W MINNEAPOLIS MN 55405	JACKLYN J MERRY	RESIDENTIAL	$391,100	38 ft
2315 LAUREL AVE W MINNEAPOLIS MN 55405	E HOLDEFER & D SLUIS	RESIDENTIAL	$355,700	47 ft
2327 LAUREL AVE W MINNEAPOLIS MN 55405	MICHAEL T MORRIS	RESIDENTIAL	$350,700	78 ft
432 CEDAR LAKE RD S MINNEAPOLIS MN 55405	DANIEL R BUNDROCK ET AL	RESIDENTIAL	$361,500	98 ft
257 RUSSELL AVE S MINNEAPOLIS MN 55405	HUGH P MORRIS	RESIDENTIAL	$528,400	134 ft
420 CEDAR LAKE RD S MINNEAPOLIS MN 55405	BRYN MAWR PRESBYTERIAN CH	COMMERCIAL-PREFERRED	$0	143 ft
440 CEDAR LAKE RD S MINNEAPOLIS MN 55405	B K HAAVIK & D SHERRY-HAAVIK	RESIDENTIAL	$407,600	144 ft
2300 LAUREL AVE W MINNEAPOLIS MN 55405	UNA L HILKER	RESIDENTIAL	$332,500	170 ft
253 RUSSELL AVE S MINNEAPOLIS MN 55405	MARK F PODOBINSKI ET AL	RESIDENTIAL	$341,800	173 ft
252 QUEEN AVE S MINNEAPOLIS MN 55405	ALEXX HETT & DILLIAN HETT	RESIDENTIAL	$332,800	202 ft

Property History

Most Recent Sale

Date200604

Price$60,000

TypeQUIT CLAIM DEED

Current Tax Year

Year2026

Tax Due$5,730