1319 BUCHANAN ST N E MINNEAPOLIS MN 55413

PID: 1302924240117

Property Overview

Parcel ID1302924240117

Lot Size3,837 sq ft (0.088 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerM R & S E BENCH

Assessed Value$263,700

Land Value$84,000

Building Value$179,700

Annual Tax$3,978

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2022 · $11K total declared value · Most recent: Aug 2022 (misc)

MiscAug 2022Closed

$11K

RENEWAL BY ANDERSEN CORP

ExistresApr 2022Closed

Home Energy Center Inc

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

Neighborhood Profile

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width21 ft

Buildable depth84 ft

Area~1,759 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 1,759 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1315 BUCHANAN ST N E MINNEAPOLIS MN 55413	PAIGE BENSON/ELIZABETH WEST	RESIDENTIAL	$249,100	31 ft
1323 BUCHANAN ST N E MINNEAPOLIS MN 55413	TODD ELERT & RENAE ELERT	RESIDENTIAL	$213,000	31 ft
1327 BUCHANAN ST N E MINNEAPOLIS MN 55413	A E HERNANDEZ & E HERNANDEZ	RESIDENTIAL	$407,600	62 ft
1309 BUCHANAN ST N E MINNEAPOLIS MN 55413	ERIK C DOONER/LEONE A DOONER	RESIDENTIAL	$207,800	77 ft
1331 BUCHANAN ST N E MINNEAPOLIS MN 55413	CHURCHILL PROPERTY MGMT LLC	RESIDENTIAL-TWO UNIT	$337,700	92 ft
1301 BUCHANAN ST N E MINNEAPOLIS MN 55413	J HANSON & J RINGQUIST	RESIDENTIAL	$169,500	123 ft
1335 BUCHANAN ST N E MINNEAPOLIS MN 55413	JULIE A DAUGHERTY	RESIDENTIAL-TWO UNIT	$363,100	127 ft
1318 LINCOLN ST N E MINNEAPOLIS MN 55413	B L CARLSON & L F CARLSON	RESIDENTIAL	$250,000	139 ft
1314 LINCOLN ST N E MINNEAPOLIS MN 55413	PATRICK G KYLE	RESIDENTIAL-TWO UNIT	$338,000	146 ft
1326 LINCOLN ST N E MINNEAPOLIS MN 55413	STEFANO CAZZANTI	RESIDENTIAL-ZERO LOT LINE	$236,700	153 ft

Property History

Most Recent Sale

Date199207

Price$1

Type—

Current Tax Year

Year2026

Tax Due$3,978