651 PIERCE ST N E MINNEAPOLIS MN 55413

PID: 1302924310132

Property Overview

Parcel ID1302924310132

Lot Size4,919 sq ft (0.113 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerR R HALVORSON ETAL W/L EST

Assessed Value$199,000

Land Value$95,000

Building Value$104,000

Annual Tax$2,679

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $47K total declared value · Most recent: Aug 2025 (misc)

MiscAug 2025Final Inspection

$30K

Riverside Roofing

ResOct 2023Closed

CenterPoint Energy Resource Corp

ResApr 2022Closed

Mr. Plumbing and Drains LLC

RemodelApr 2022Closed

$8K

YOUR HOME IMPROVEMENT CO

MiscDec 2019Closed

$9K

NEW WINDOWS FOR AMERICA 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~2,493 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 2,493 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
655 PIERCE ST N E MINNEAPOLIS MN 55413	RONALD EIFFLER	RESIDENTIAL	$161,000	39 ft
647 PIERCE ST N E MINNEAPOLIS MN 55413	KIARA SERAFIN/IAN ANDERSON	RESIDENTIAL-TWO UNIT	$297,900	39 ft
659 PIERCE ST N E MINNEAPOLIS MN 55413	JENS HAGSTROM	RESIDENTIAL-TWO UNIT	$331,100	79 ft
643 PIERCE ST N E MINNEAPOLIS MN 55413	JONATHAN DEICHERT	RESIDENTIAL	$332,300	79 ft
639 PIERCE ST N E MINNEAPOLIS MN 55413	MACKENZIE GRACE MERRILL	RESIDENTIAL-TWO UNIT	$361,200	119 ft
650 BUCHANAN ST N E MINNEAPOLIS MN 55413	A R HAYES & A L HAYES	RESIDENTIAL	$289,700	138 ft
646 BUCHANAN ST N E MINNEAPOLIS MN 55413	JOSE QUITO	RESIDENTIAL	$262,500	143 ft
654 BUCHANAN ST N E MINNEAPOLIS MN 55413	BRETT & CATHERINE STINSON	RESIDENTIAL	$237,400	144 ft
635 PIERCE ST N E MINNEAPOLIS MN 55413	PIOTR RAPANOVICH	RESIDENTIAL	$268,000	158 ft
656 BUCHANAN ST N E MINNEAPOLIS MN 55413	C S REPP & N R REPP	RESIDENTIAL	$361,100	159 ft

Property History

Current Tax Year

Year2026

Tax Due$2,679