1401 LAKEVIEW AVE S MINNEAPOLIS MN 55416

PID: 2902924310049

Property Overview

Parcel ID2902924310049

Lot Size6,554 sq ft (0.150 ac)

Lot Dimensions (est.)90 ft wide × 73 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerJUDITH ANN PRESTON TRUST

Assessed Value$705,600

Land Value$233,000

Building Value$472,600

Annual Tax$11,600

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2020 · $52K total declared value · Most recent: Apr 2026 (existres)

ExistresApr 2026Closed

Johnson Plumbing and Heating Co

ResApr 2026Final Inspection

Johnson Plumbing and Heating Co

RemodelFeb 2026Final Inspection

$19K

Executive Remodeling

MiscMar 2024Closed

$28K

LINDUS CONSTRUCTION

ExistresAug 2021Closed

Residential Heating and Air Conditioning 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width158 ft

Buildable depth0 ft

Area~932 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 sfr / adu benchmarks for 932 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1241 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JOHN K KAIYALETHE ETAL	RESIDENTIAL	$483,400	58 ft
1415 LAKEVIEW AVE S MINNEAPOLIS MN 55416	J L WOLDORSKY & M J JELLISON	RESIDENTIAL	$587,900	89 ft
1237 LAKEVIEW AVE S MINNEAPOLIS MN 55416	F G CARLSON/S J FREDERICKSON	RESIDENTIAL	$505,700	101 ft
1419 LAKEVIEW AVE S MINNEAPOLIS MN 55416	A R SMITH & M R SMITH	RESIDENTIAL	$501,000	134 ft
1229 LAKEVIEW AVE S MINNEAPOLIS MN 55416	T F GAMBLE & J A GAMBLE	RESIDENTIAL	$734,700	158 ft
1408 LAKEVIEW AVE S MINNEAPOLIS MN 55416	BRADFORD B HENRY ET AL	RESIDENTIAL	$684,000	158 ft
1400 LAKEVIEW AVE S MINNEAPOLIS MN 55416	D HUTCHESON/R C HUTCHESON	RESIDENTIAL	$824,500	158 ft
1218 EDLIN PL MINNEAPOLIS MN 55416	J J ZUCKERMAN/L POGOFF TRUST	RESIDENTIAL	$452,400	167 ft
1412 LAKEVIEW AVE S MINNEAPOLIS MN 55416	C T TOLCK & A W CURTIS	RESIDENTIAL	$552,100	175 ft
1423 LAKEVIEW AVE S MINNEAPOLIS MN 55416	R G MARGARIT & A M MARGARIT	RESIDENTIAL	$572,300	180 ft

Property History

Current Tax Year

Year2026

Tax Due$11,600