731 BUCHANAN ST N E MINNEAPOLIS MN 55413

PID: 1302924310084

Property Overview

Parcel ID1302924310084

Lot Size4,915 sq ft (0.113 ac)

Lot Dimensions (est.)124 ft wide × 40 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerGARY L KUNSTEL

Assessed Value$193,000

Land Value$75,000

Building Value$118,000

Annual Tax$2,853

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $10K total declared value · Most recent: Oct 2025 (misc)

MiscOct 2025Closed

$7K

BAYPORT ROOFING AND SIDING LLC

MiscAug 2025Closed

$3K

BAYPORT ROOFING AND SIDING LLC

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

Beltrami · 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 width30 ft

Buildable depth83 ft

Area~2,490 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 2,490 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
735 BUCHANAN ST N E MINNEAPOLIS MN 55413	TIMOTHY KALLEVIG	RESIDENTIAL	$217,700	39 ft
727 BUCHANAN ST N E MINNEAPOLIS MN 55413	JONATHAN HAWORTH	RESIDENTIAL	$233,800	39 ft
737 BUCHANAN ST N E MINNEAPOLIS MN 55413	CATHERINE N MARSH	RESIDENTIAL	$237,200	79 ft
721 BUCHANAN ST N E MINNEAPOLIS MN 55413	MARISSA A SMITH	RESIDENTIAL	$270,000	79 ft
743 BUCHANAN ST N E MINNEAPOLIS MN 55413	VANESSA QUITO-MONTESINO ETAL	RESIDENTIAL	$214,500	119 ft
717 BUCHANAN ST N E MINNEAPOLIS MN 55413	J RUIZ/D NOGGLE/DAN NOGGLE	RESIDENTIAL	$295,900	119 ft
747 BUCHANAN ST N E MINNEAPOLIS MN 55413	NOEL MILLS FORD/NATHAN FORD	RESIDENTIAL	$273,900	158 ft
715 BUCHANAN ST N E MINNEAPOLIS MN 55413	ANDREW HOEFLER	RESIDENTIAL-TWO UNIT	$321,100	158 ft
728 BUCHANAN ST N E MINNEAPOLIS MN 55413	COMMUNITY HOUSING RESOURCES	RESIDENTIAL-TWO UNIT	$0	191 ft
726 BUCHANAN ST N E MINNEAPOLIS MN 55413	KYLE BORCHERT	RESIDENTIAL-TWO UNIT	$327,000	194 ft

Property History

Most Recent Sale

Date199502

Price$48,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,853