1265 CEDAR LAKE RD S MINNEAPOLIS MN 55416

PID: 2902924310027

Property Overview

Parcel ID2902924310027

Lot Size4,831 sq ft (0.111 ac)

Lot Dimensions (est.)108 ft wide × 45 ft deep

Year Built1932

Property ClassRESIDENTIAL

OwnerJ STRASBURG & J STRASBURG

Assessed Value$687,000

Land Value$193,000

Building Value$494,000

Annual Tax$11,249

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2016 · Most recent: Dec 2016 (res)

ResDec 2016Closed

Urban Pine Plumbing and Mechanical 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 55416

Median sale price$395K-8.1% YoY

Median price / sqft$246/sqft

Median days to close46 days

Active listings89

Source: Redfin Data Center (Invalid Date) · Zip 55416

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 width95 ft

Buildable depth5 ft

Area~2,287 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 2,287 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1261 CEDAR LAKE RD S MINNEAPOLIS MN 55416	A T HOFMANN & J T PALM	RESIDENTIAL	$555,200	44 ft
1257 CEDAR LAKE RD S MINNEAPOLIS MN 55416	C J ROSENBAUM/P B ROSENBAUM	RESIDENTIAL	$568,800	96 ft
1401 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	DENNIS J HOFFMAN	RESIDENTIAL	$532,000	112 ft
1252 BROWNIE RD MINNEAPOLIS MN 55416	SARAH GORING & LUCAS GORING	RESIDENTIAL	$804,000	120 ft
1253 CEDAR LAKE RD S MINNEAPOLIS MN 55416	NOAH BURROUGHS & KIRA LE	RESIDENTIAL	$780,000	142 ft
1250 BROWNIE RD MINNEAPOLIS MN 55416	GLENN R CASPERS	RESIDENTIAL	$454,000	170 ft
1409 CEDAR LAKE PKWY MINNEAPOLIS MN 55416	THEANG HO	RESIDENTIAL	$597,000	172 ft
1247 CEDAR LAKE RD S MINNEAPOLIS MN 55416	KEVIN RUSSELL KNUTSON	RESIDENTIAL	$636,000	178 ft
1400 LAKEVIEW AVE S MINNEAPOLIS MN 55416	D HUTCHESON/R C HUTCHESON	RESIDENTIAL	$824,500	187 ft
1244 LAKEVIEW AVE S MINNEAPOLIS MN 55416	MICHAEL J TIELEMAN	RESIDENTIAL	$483,300	208 ft

Property History

Most Recent Sale

Date200412

Price$585,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,249