2519 7TH ST N E MINNEAPOLIS MN 55418

PID: 1102924240100

Property Overview

Parcel ID1102924240100

Lot Size10,812 sq ft (0.248 ac)

Lot Dimensions (est.)116 ft wide × 93 ft deep

Year Built1988

Property ClassRESIDENTIAL

OwnerDARLA JEAN KRUTZIG

Assessed Value$317,900

Land Value$140,000

Building Value$177,900

Annual Tax$4,670

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Area of Concentrated PovertyHigh

In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.

Minneapolis — Affordable Housing Trust Fund ↗

Great Streets Priority ParcelHigh

Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Great Streets Gap FinancingMedium

Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.

Minneapolis Great Streets — Gap Financing ↗

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

Permit History

3 permits on record since 2017 · $18K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Expired

$15K

PRO START CONSTRUCTION LLC

ExistresOct 2021Closed

CENTERPOINT ENERGY

AdditionJul 2017Expired

$3K

BUILDERS AND REMODELERS INC

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

Neighborhood Profile

Holland · Minneapolis

Median reported rent1,204/mo

Renter-occupied56.0%

Median home value$293K

Vacancy rate8.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1018

Market Snapshot

Zip code 55418

Median sale price$345K-3.1% YoY

Median price / sqft$222/sqft

Median days to close36 days

Active listings42

Source: Redfin Data Center (Invalid Date) · Zip 55418

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width117 ft

Buildable depth45 ft

Area~5,914 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 3-story wood frame (5–12 units) benchmarks for 5,914 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2523 7TH ST N E MINNEAPOLIS MN 55418	GARY R NEIL & ANGELA L NEIL	RESIDENTIAL	$347,400	72 ft
2527 7TH ST N E MINNEAPOLIS MN 55418	JOEL DIETERICH	RESIDENTIAL	$225,100	115 ft
2501 7TH ST N E MINNEAPOLIS MN 55418	MARK T EGGERS	RESIDENTIAL	$330,400	115 ft
2518 WASHINGTON ST N E MINNEAPOLIS MN 55418	DIRBWERK A YIMER	RESIDENTIAL	$311,000	129 ft
2514 WASHINGTON ST N E MINNEAPOLIS MN 55418	J PORRAZZO & D RAY	RESIDENTIAL	$306,700	129 ft
2510 WASHINGTON ST N E MINNEAPOLIS MN 55418	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	145 ft
2522 WASHINGTON ST N E MINNEAPOLIS MN 55418	D D ARSENEAU & C A ARSENEAU	RESIDENTIAL	$307,800	146 ft
2531 7TH ST N E MINNEAPOLIS MN 55418	SHANNON N PASTUSZAK	RESIDENTIAL	$197,000	155 ft
2526 WASHINGTON ST N E MINNEAPOLIS MN 55418	TRENTON J REHBERGER	RESIDENTIAL	$303,800	173 ft
627 LOWRY AVE N E MINNEAPOLIS MN 55418	TROY THOMPSON	RESIDENTIAL-TWO UNIT	$479,700	192 ft

Property History

Current Tax Year

Year2026

Tax Due$4,670