2013 5TH ST N E MINNEAPOLIS MN 55418

PID: 1102924340071

Property Overview

Parcel ID1102924340071

Lot Size6,806 sq ft (0.156 ac)

Lot Dimensions (est.)165 ft wide × 41 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerADAM LEE

Assessed Value$280,300

Land Value$133,000

Building Value$147,300

Annual Tax$4,040

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 ↗

Potential programs

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

1 permit on record since 2019 · Most recent: Sep 2019 (existres)

ExistresSep 2019Closed

Standard Heating and Air Conditioning 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

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 width31 ft

Buildable depth126 ft

Area~3,906 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 3,906 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2015 5TH ST N E MINNEAPOLIS MN 55418	JANE E DANAHER	RESIDENTIAL	$321,200	41 ft
2005 5TH ST N E MINNEAPOLIS MN 55418	CHARLES HORACE MAYO III	RESIDENTIAL	$292,000	41 ft
2017 5TH ST N E MINNEAPOLIS MN 55418	EVERGREEN INVESTMENTS LLC	RESIDENTIAL	$257,000	82 ft
2001 5TH ST N E MINNEAPOLIS MN 55418	STANLEY D HAWTHORNE	RESIDENTIAL-TWO UNIT	$334,100	82 ft
2101 5TH ST N E MINNEAPOLIS MN 55418	JAMES CRAIG	RESIDENTIAL-TWO UNIT	$414,900	123 ft
2107 5TH ST N E MINNEAPOLIS MN 55418	M W OLSON & E S OLSON	RESIDENTIAL-TWO UNIT	$365,000	164 ft
2012 6TH ST N E MINNEAPOLIS MN 55418	AMELIA J BUSCH	RESIDENTIAL	$334,300	165 ft
2008 6TH ST N E MINNEAPOLIS MN 55418	HEATHER J MEYER/ERIK J MEYER	RESIDENTIAL	$395,500	168 ft
2014 6TH ST N E MINNEAPOLIS MN 55418	TIMOTHY DONOVAN	RESIDENTIAL	$313,700	172 ft
429 20TH AVE N E MINNEAPOLIS MN 55418	JOHN A RUSSINIK	RESIDENTIAL	$258,000	176 ft

Property History

Most Recent Sale

Date202010

Price$257,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,040