1306 BUCHANAN ST N E MINNEAPOLIS MN 55413

PID: 1302924240014

Property Overview

Parcel ID1302924240014

Lot Size3,832 sq ft (0.088 ac)

Lot Dimensions (est.)125 ft wide × 31 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerALANA ESPINOSA

Assessed Value$248,300

Land Value$83,000

Building Value$165,300

Annual Tax$3,719

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · Most recent: Oct 2023 (res)

ResOct 2023Closed

CenterPoint Energy Resource Corp

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 depth0 ft

Area~1,502 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 1,502 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
1308 BUCHANAN ST N E MINNEAPOLIS MN 55413	FRANCIS J OLSEM	RESIDENTIAL-TWO UNIT	$330,900	31 ft
1300 BUCHANAN ST N E MINNEAPOLIS MN 55413	NICOLLE R TOTH-BRAUNBERGER	RESIDENTIAL	$245,700	31 ft
1316 BUCHANAN ST N E MINNEAPOLIS MN 55413	GARY DREWA & JARED DREWA	RESIDENTIAL	$313,700	77 ft
1222 BUCHANAN ST N E MINNEAPOLIS MN 55413	JAMES MISKOWIC	RESIDENTIAL	$269,300	128 ft
1324 BUCHANAN ST N E MINNEAPOLIS MN 55413	DAVID J DAHER ETAL	RESIDENTIAL	$348,600	138 ft
1307 PIERCE ST N E MINNEAPOLIS MN 55413	TAYLOR ZASTROW	RESIDENTIAL	$261,800	139 ft
1301 PIERCE ST N E MINNEAPOLIS MN 55413	DEANNA JO HUMPHREY	RESIDENTIAL	$213,000	142 ft
1311 PIERCE ST N E MINNEAPOLIS MN 55413	BMK MANAGERS LLC	RESIDENTIAL	$126,800	142 ft
1317 PIERCE ST N E MINNEAPOLIS MN 55413	LILLIAN B TROIDEN	RESIDENTIAL	$287,800	158 ft
1218 BUCHANAN ST N E MINNEAPOLIS MN 55413	KEVIN MICHAEL TOUSIGNANT	RESIDENTIAL	$250,800	180 ft

Property History

Most Recent Sale

Date202206

Price$305,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,719