638 PIERCE ST N E MINNEAPOLIS MN 55413

PID: 1302924310107

Property Overview

Parcel ID1302924310107

Lot Size4,920 sq ft (0.113 ac)

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

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerJAMES M GRANSE

Assessed Value$276,300

Land Value$95,000

Building Value$181,300

Annual Tax$6,527

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $19K total declared value · Most recent: May 2021 (res)

ResMay 2021Closed

Adam's On-Time Plumbing & Water Heaters LLC

ResJan 2021Closed

Loch Monster Plumbing LLC

MiscNov 2020Closed

$6K

NEW WINDOWS FOR AMERICA INC

MiscNov 2019Closed

$3K

NEW WINDOWS FOR AMERICA INC

MiscAug 2019Closed

$11K

ALL ELEMENTS INC

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~2,494 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 2,494 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
642 PIERCE ST N E MINNEAPOLIS MN 55413	JOHN R LAHTI	RESIDENTIAL	$148,300	39 ft
634 PIERCE ST N E MINNEAPOLIS MN 55413	STEPHANIE & JONATHAN O'BRIEN	RESIDENTIAL-TWO UNIT	$455,400	40 ft
646 PIERCE ST N E MINNEAPOLIS MN 55413	ANIKA PAULSON-SMITH ET AL	RESIDENTIAL	$320,000	79 ft
630 PIERCE ST N E MINNEAPOLIS MN 55413	R J DELMORE & M D DELMORE	RESIDENTIAL	$372,500	79 ft
626 PIERCE ST N E MINNEAPOLIS MN 55413	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	117 ft
650 PIERCE ST N E MINNEAPOLIS MN 55413	JOHN HARRISS	RESIDENTIAL-TWO UNIT	$390,100	119 ft
637 FILLMORE ST N E MINNEAPOLIS MN 55413	DANIEL HOOLIHAN	TRIPLEX	$401,900	138 ft
641 FILLMORE ST N E MINNEAPOLIS MN 55413	JENNIFER STEGER	RESIDENTIAL-TWO UNIT	$400,600	144 ft
635 FILLMORE ST N E MINNEAPOLIS MN 55413	CT LOVETT NEAL-HERMAN	RESIDENTIAL	$242,100	144 ft
622 PIERCE ST N E MINNEAPOLIS MN 55413	YUHANG CHENG & LING QI	RESIDENTIAL	$297,500	157 ft

Property History

Most Recent Sale

Date201510

Price$197,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,527