1605 LINCOLN ST N E MINNEAPOLIS MN 55413

PID: 1302924210089

Property Overview

Parcel ID1302924210089

Lot Size10,721 sq ft (0.246 ac)

Lot Dimensions (est.)125 ft wide × 86 ft deep

Year Built1909

Property ClassRESIDENTIAL-TWO UNIT

OwnerSHONDA L MAGEE

Assessed Value$403,700

Land Value$156,000

Building Value$247,700

Annual Tax$6,106

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2022 · Most recent: Feb 2022 (existres)

ExistresFeb 2022Closed

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

Northeast Park · Minneapolis

Median reported rent1,449/mo

Renter-occupied53.8%

Median home value$277K

Vacancy rate1.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1026

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width112 ft

Buildable depth46 ft

Area~6,182 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 6,182 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1609 LINCOLN ST N E MINNEAPOLIS MN 55413	K F ROONEY & M L L ROONEY	RESIDENTIAL	$235,900	68 ft
1615 LINCOLN ST N E MINNEAPOLIS MN 55413	KRISTIN C PETERSEN	RESIDENTIAL	$292,700	118 ft
1606 JOHNSON ST N E MINNEAPOLIS MN 55413	B B & K H BOWERS	RESIDENTIAL	$305,300	140 ft
1602 JOHNSON ST N E MINNEAPOLIS MN 55413	CAG MINNESOTA FUND II LLC	RESIDENTIAL	$313,300	141 ft
1610 JOHNSON ST N E MINNEAPOLIS MN 55413	DON M LEITSCHUH	RESIDENTIAL	$273,900	155 ft
1619 LINCOLN ST N E MINNEAPOLIS MN 55413	SYDNEY JEAN CORBIN	RESIDENTIAL	$241,400	168 ft
1614 JOHNSON ST N E MINNEAPOLIS MN 55413	STACEY L WINSTON	RESIDENTIAL	$294,800	183 ft
1600 LINCOLN ST N E MINNEAPOLIS MN 55413	S R FRENCH & N H FRENCH	RESIDENTIAL	$343,800	191 ft
1610 LINCOLN ST N E MINNEAPOLIS MN 55413	LAFE SMITH & HEATHER OLSON	RESIDENTIAL	$326,900	198 ft
1520 JOHNSON ST N E MINNEAPOLIS MN 55413	MPLS PK BOARD	LAND-COMMERCIAL	$0	206 ft

Property History

Most Recent Sale

Date201210

Price$150,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,106