643 PIERCE ST N E MINNEAPOLIS MN 55413

PID: 1302924310136

Property Overview

Parcel ID1302924310136

Lot Size4,920 sq ft (0.113 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerJONATHAN DEICHERT

Assessed Value$332,300

Land Value$95,000

Building Value$237,300

Annual Tax$4,911

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $8K total declared value · Most recent: Oct 2023 (res)

ResOct 2023Expired

CenterPoint Energy Resource Corp

ResSep 2019Closed

Cities 1 Plumbing and Heating Inc

RemodelAug 2019Closed

$8K

GREAT LAKES WINDOW AND SIDING CO

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
639 PIERCE ST N E MINNEAPOLIS MN 55413	MACKENZIE GRACE MERRILL	RESIDENTIAL-TWO UNIT	$361,200	39 ft
647 PIERCE ST N E MINNEAPOLIS MN 55413	KIARA SERAFIN/IAN ANDERSON	RESIDENTIAL-TWO UNIT	$297,900	40 ft
651 PIERCE ST N E MINNEAPOLIS MN 55413	R R HALVORSON ETAL W/L EST	RESIDENTIAL	$199,000	79 ft
635 PIERCE ST N E MINNEAPOLIS MN 55413	PIOTR RAPANOVICH	RESIDENTIAL	$268,000	79 ft
655 PIERCE ST N E MINNEAPOLIS MN 55413	RONALD EIFFLER	RESIDENTIAL	$161,000	119 ft
631 PIERCE ST N E MINNEAPOLIS MN 55413	JOSHUA LUSHINE/ANNE LUSHINE	RESIDENTIAL	$231,300	119 ft
642 BUCHANAN ST N E MINNEAPOLIS MN 55413	DANIEL KENT/JESSICA JOHNSON	RESIDENTIAL	$604,600	138 ft
646 BUCHANAN ST N E MINNEAPOLIS MN 55413	JOSE QUITO	RESIDENTIAL	$262,500	143 ft
638 BUCHANAN ST N E MINNEAPOLIS MN 55413	SEAGIN CLAUSS ET AL	RESIDENTIAL	$364,500	144 ft
659 PIERCE ST N E MINNEAPOLIS MN 55413	JENS HAGSTROM	RESIDENTIAL-TWO UNIT	$331,100	158 ft

Property History

Most Recent Sale

Date202506

Price$330,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,911