2424 MOUNT VIEW AVE MINNEAPOLIS MN 55405

PID: 2902924140123

Property Overview

Parcel ID2902924140123

Lot Size5,159 sq ft (0.118 ac)

Lot Dimensions (est.)107 ft wide × 48 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerERIK LUCKEN

Assessed Value$386,000

Land Value$189,000

Building Value$197,000

Annual Tax$5,784

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $19K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

FIRESIDE HEARTH AND HOME

MiscAug 2023Closed

$19K

CAPITAL CONSTRUCTION LLC

ResFeb 2023Closed

MN Plumbing & Home Services INC

ResMay 2022Closed

MN Plumbing & Home Services 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 width40 ft

Buildable depth63 ft

Area~2,527 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 2,527 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
2420 MOUNT VIEW AVE MINNEAPOLIS MN 55405	MARK D OLSON & JOEL J OLSON	RESIDENTIAL	$389,400	50 ft
2428 MOUNT VIEW AVE MINNEAPOLIS MN 55405	ELAINE WHITE	RESIDENTIAL	$397,700	51 ft
2416 MOUNT VIEW AVE MINNEAPOLIS MN 55405	ATSUKO FUKUSHI & KENNETH HUM	RESIDENTIAL	$479,200	100 ft
2432 MOUNT VIEW AVE MINNEAPOLIS MN 55405	BRDGET ELLEN MARCHESI	RESIDENTIAL	$420,400	102 ft
613 CEDAR LAKE RD S MINNEAPOLIS MN 55405	JOANNE MICHALEC	RESIDENTIAL	$411,100	128 ft
617 CEDAR LAKE RD S MINNEAPOLIS MN 55405	AUSTIN KLEINESCHAY	RESIDENTIAL-TWO UNIT	$543,500	134 ft
609 CEDAR LAKE RD S MINNEAPOLIS MN 55405	C W ETZ & C L SKALICKY	RESIDENTIAL	$522,400	137 ft
2423 MOUNT VIEW AVE MINNEAPOLIS MN 55405	S M GASCOIGNE/J R BURGERS	RESIDENTIAL	$548,000	145 ft
2412 MOUNT VIEW AVE MINNEAPOLIS MN 55405	CHAD BAUER	RESIDENTIAL	$457,200	150 ft
621 CEDAR LAKE RD S MINNEAPOLIS MN 55405	HANNAH E MACK TRUST	RESIDENTIAL	$483,900	153 ft

Property History

Most Recent Sale

Date201406

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,784