2818 HUMBOLDT AVE S MINNEAPOLIS MN 55408

PID: 3302924340085

Property Overview

Parcel ID3302924340085

Lot Size6,597 sq ft (0.151 ac)

Lot Dimensions (est.)156 ft wide × 42 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerJ C TALLMAN & L K JELINEK

Assessed Value$742,500

Land Value$267,000

Building Value$475,500

Annual Tax$12,298

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2018 · $19K total declared value · Most recent: Jun 2018 (misc)

MiscJun 2018Closed

$8K

KUHLS CONTRACTING INC

RemodelMar 2018Closed

$11K

ALL ENERGY SOLAR INC

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 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

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 depth92 ft

Area~3,640 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 3,640 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2812 HUMBOLDT AVE S MINNEAPOLIS MN 55408	AARON HALL & SHEER GANOR	RESIDENTIAL	$657,500	50 ft
2822 HUMBOLDT AVE S MINNEAPOLIS MN 55408	C A KELLETT & V H KELLETT	RESIDENTIAL	$755,600	53 ft
2810 HUMBOLDT AVE S MINNEAPOLIS MN 55408	MICHELLE MORRISSETTE	VACANT LAND-RESIDENTIAL	$6,800	102 ft
2824 HUMBOLDT AVE S MINNEAPOLIS MN 55408	J BECK & E BECK	RESIDENTIAL	$795,600	112 ft
2808 HUMBOLDT AVE S MINNEAPOLIS MN 55408	S L CLARKE ET AL REV TRUST	RESIDENTIAL-TWO UNIT	$501,200	136 ft
1511 28TH ST W MINNEAPOLIS MN 55408	ROBERT EUGENE LONG	RESIDENTIAL	$659,200	143 ft
2813 IRVING AVE S MINNEAPOLIS MN 55408	J HOIALMEN & M MCCASKEY	RESIDENTIAL	$1,019,300	146 ft
2809 IRVING AVE S MINNEAPOLIS MN 55408	THE MISHKIN FAMILY TRUST	RESIDENTIAL	$1,213,700	150 ft
1505 28TH ST W MINNEAPOLIS MN 55408	MICHELLE MORRISSETTE	RESIDENTIAL	$483,600	153 ft
2817 IRVING AVE S MINNEAPOLIS MN 55408	MARSHALL A & MINDY E SLOO	RESIDENTIAL	$749,000	159 ft

Property History

Most Recent Sale

Date199811

Price$264,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,298