1347 PIERCE ST N E MINNEAPOLIS MN 55413

PID: 1302924240023

Property Overview

Parcel ID1302924240023

Lot Size3,828 sq ft (0.088 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerCONNOR J HARRELD

Assessed Value$296,000

Land Value$85,000

Building Value$211,000

Annual Tax$4,789

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · Most recent: Sep 2023 (res)

ResSep 2023Expired

FFM LLC

ResSep 2023Cancelled

FFM LLC

ExistresMay 2018Closed

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 depth0 ft

Area~1,499 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 1,499 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
1333 PIERCE ST N E MINNEAPOLIS MN 55413	R L FERRARA/D R FERRARA ETAL	RESIDENTIAL	$339,900	61 ft
1325 PIERCE ST N E MINNEAPOLIS MN 55413	ROBERT M KAPPHAHN ET AL	RESIDENTIAL	$351,000	130 ft
1344 BUCHANAN ST N E MINNEAPOLIS MN 55413	1344 BUCHANAN ST NE LLC	RESIDENTIAL-TWO UNIT	$479,600	139 ft
1338 BUCHANAN ST N E MINNEAPOLIS MN 55413	JOSEPH MICHAEL DMOWSKI	RESIDENTIAL	$198,000	151 ft
1330 BUCHANAN ST N E MINNEAPOLIS MN 55413	NICHOLAS BROGREN	RESIDENTIAL	$315,700	175 ft
1323 PIERCE ST N E MINNEAPOLIS MN 55413	L A RODGERS & C B RODGERS	RESIDENTIAL	$194,800	176 ft
1324 BUCHANAN ST N E MINNEAPOLIS MN 55413	DAVID J DAHER ETAL	RESIDENTIAL	$348,600	218 ft
1317 PIERCE ST N E MINNEAPOLIS MN 55413	LILLIAN B TROIDEN	RESIDENTIAL	$287,800	230 ft
1316 BUCHANAN ST N E MINNEAPOLIS MN 55413	GARY DREWA & JARED DREWA	RESIDENTIAL	$313,700	268 ft
1311 PIERCE ST N E MINNEAPOLIS MN 55413	BMK MANAGERS LLC	RESIDENTIAL	$126,800	276 ft

Property History

Most Recent Sale

Date201807

Price$245,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,789