2509 IRVING AVE S MINNEAPOLIS MN 55405

PID: 3302924240109

Property Overview

Parcel ID3302924240109

Lot Size7,750 sq ft (0.178 ac)

Lot Dimensions (est.)155 ft wide × 50 ft deep

Year Built1904

Property ClassRESIDENTIAL

OwnerDAVID C BUCHANAN ET AL

Assessed Value$884,000

Land Value$452,000

Building Value$432,000

Annual Tax$15,033

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2019 · $22K total declared value · Most recent: Aug 2024 (misc)

MiscAug 2024Closed

$22K

KAUFMAN SHEET METAL ROOFING INC

ExistresJun 2021Closed

Airic's Heating & Air Conditioning Inc

ResDec 2020Closed

Vito Mechanical Inc

ExistresDec 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

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

Neighborhood Profile

East Isles · Minneapolis

Median reported rent1,226/mo

Renter-occupied49.6%

Median home value$548K

Vacancy rate7.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1066

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 depth115 ft

Area~4,599 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 4,599 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2513 IRVING AVE S MINNEAPOLIS MN 55405	B A BIRKELAND/D J BIRKELAND	RESIDENTIAL-TWO UNIT	$958,500	50 ft
2503 IRVING AVE S MINNEAPOLIS MN 55405	DAVID M & KRISTA K LINDGREN	RESIDENTIAL-TWO UNIT	$722,200	56 ft
1515 25TH ST W MINNEAPOLIS MN 55405	J & S NOVOTNY	RESIDENTIAL-TWO UNIT	$744,300	91 ft
2517 IRVING AVE S MINNEAPOLIS MN 55405	SUSAN G GROSS REVOCABLE TRST	RESIDENTIAL	$1,128,000	100 ft
2501 IRVING AVE S MINNEAPOLIS MN 55405	TODD P BOCKLEY	TRIPLEX	$832,300	103 ft
2521 IRVING AVE S MINNEAPOLIS MN 55405	ELLIOT S EASTERLING ET AL	RESIDENTIAL	$1,239,600	150 ft
2508 HUMBOLDT AVE S MINNEAPOLIS MN 55405	M A SUNDERLAND/K D KARLSSON	RESIDENTIAL	$697,300	169 ft
2504 HUMBOLDT AVE S MINNEAPOLIS MN 55405	DAVID SCHALLIOL	RESIDENTIAL	$884,700	176 ft
2512 HUMBOLDT AVE S MINNEAPOLIS MN 55405	M CASTELAN & M MOUNTAIN	RESIDENTIAL	$548,000	176 ft
2500 HUMBOLDT AVE S MINNEAPOLIS MN 55405	D MCLAUGHLIN & S MCLAUGHLIN	RESIDENTIAL	$754,000	196 ft

Property History

Most Recent Sale

Date200810

Price$515,200

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$15,033