626 BUCHANAN ST N E MINNEAPOLIS MN 55413

PID: 1302924310143

Property Overview

Parcel ID1302924310143

Lot Size4,920 sq ft (0.113 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerJAKE KRUGER JR

Assessed Value$260,000

Land Value$95,000

Building Value$165,000

Annual Tax$3,976

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · Most recent: Feb 2022 (res)

ResFeb 2022Closed

CenterPoint Energy Resource Corp

ExistresAug 2021Closed

Advanced Heating & Air Conditioning LLC

ResDec 2018Expired

Urban Pine Plumbing and Mechanical 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
630 BUCHANAN ST N E MINNEAPOLIS MN 55413	OLSON CAPITAL MGMT LLC	RESIDENTIAL-TWO UNIT	$351,400	39 ft
620 BUCHANAN ST N E MINNEAPOLIS MN 55413	WISE INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$344,200	39 ft
634 BUCHANAN ST N E MINNEAPOLIS MN 55413	L & C PEARSON	RESIDENTIAL	$207,000	79 ft
618 BUCHANAN ST N E MINNEAPOLIS MN 55413	DOROTHY COTTERELL BODE	RESIDENTIAL	$369,600	79 ft
638 BUCHANAN ST N E MINNEAPOLIS MN 55413	SEAGIN CLAUSS ET AL	RESIDENTIAL	$364,500	119 ft
614 BUCHANAN ST N E MINNEAPOLIS MN 55413	RICARDO INAMAGUA	RESIDENTIAL	$183,000	119 ft
627 PIERCE ST N E MINNEAPOLIS MN 55413	JANE NJERI KAMAU-SCOTT	RESIDENTIAL-TWO UNIT	$363,100	138 ft
631 PIERCE ST N E MINNEAPOLIS MN 55413	JOSHUA LUSHINE/ANNE LUSHINE	RESIDENTIAL	$231,300	144 ft
623 PIERCE ST N E MINNEAPOLIS MN 55413	CLARICE ANN WILSON	RESIDENTIAL-TWO UNIT	$324,700	144 ft
610 BUCHANAN ST N E MINNEAPOLIS MN 55413	NATHAN R ELLINGSON	RESIDENTIAL-TWO UNIT	$367,700	158 ft

Property History

Current Tax Year

Year2026

Tax Due$3,976