1435 LAKEVIEW AVE S MINNEAPOLIS MN 55416

PID: 2902924310084

Property Overview

Parcel ID2902924310084

Lot Size10,146 sq ft (0.233 ac)

Lot Dimensions (est.)94 ft wide × 108 ft deep

Year Built1976

Property ClassRESIDENTIAL

OwnerNICHOLAS LOWE & ALLISON LOWE

Assessed Value$1,064,300

Land Value$359,000

Building Value$705,300

Annual Tax$18,386

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

14 permits on record since 2018 · $358K total declared value · Most recent: Aug 2025 (existres)

ExistresAug 2025Closed

Standard Heating and Air Conditioning Inc

ResSep 2024Closed

Barr Web Industries Inc

ResApr 2024Closed

Barr Web Industries Inc

ResMar 2024Closed

Flare Heating & Air Conditioning, Inc.

ResDec 2023Closed

Barr Web Industries 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 width66 ft

Buildable depth94 ft

Area~6,169 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 6,169 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
1431 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JEFFREY D HO & JULIE Y HO	RESIDENTIAL	$960,300	67 ft
1239 EDLIN PL MINNEAPOLIS MN 55416	AMANDA KAY KOPISCHKE ETAL	RESIDENTIAL	$770,500	126 ft
1445 LAKEVIEW AVE S MINNEAPOLIS MN 55416	GARY THOMAS CARLSON	RESIDENTIAL-TWO UNIT	$757,800	175 ft
1233 EDLIN PL MINNEAPOLIS MN 55416	LASKY MANAGEMENT LLC	RESIDENTIAL	$743,100	187 ft
1436 LAKEVIEW AVE S MINNEAPOLIS MN 55416	R D WRIGHT & L SAGER WRIGHT	RESIDENTIAL	$946,000	213 ft
1440 LAKEVIEW AVE S MINNEAPOLIS MN 55416	M JOANN BLISS TRUSTEE	RESIDENTIAL	$440,000	226 ft
1227 EDLIN PL MINNEAPOLIS MN 55416	A ELERIA & M HUTTO	RESIDENTIAL	$707,000	247 ft
1449 LAKEVIEW AVE S MINNEAPOLIS MN 55416	JONATHAN BEDINGER	RESIDENTIAL-TWO UNIT	$623,700	268 ft
1427 LAKEVIEW AVE S MINNEAPOLIS MN 55416	B & N COLEHOUR	RESIDENTIAL	$653,000	277 ft
1448 LAKEVIEW AVE S MINNEAPOLIS MN 55416	S NICKERSON & J NICKERSON	RESIDENTIAL	$596,700	286 ft

Property History

Most Recent Sale

Date201405

Price$595,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$18,386