626 TAYLOR ST N E MINNEAPOLIS MN 55413

PID: 1302924320064

Property Overview

Parcel ID1302924320064

Lot Size4,921 sq ft (0.113 ac)

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

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerNORTHERN OAK INVESTMENTS LLC

Assessed Value$299,500

Land Value$95,000

Building Value$204,500

Annual Tax$6,182

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

2 permits on record since 2018 · Most recent: May 2018 (existres)

ExistresMay 2018Closed

Freedom Heating and Air Conditioning Inc

ResMay 2018Closed

Boevaag Plumbing 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~2,495 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 2,495 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
620 TAYLOR ST N E MINNEAPOLIS MN 55413	ERIC J GAVIC & HEATHER GAVIC	RESIDENTIAL-TWO UNIT	$306,400	39 ft
630 TAYLOR ST N E MINNEAPOLIS MN 55413	DAVID O NELSON	RESIDENTIAL	$121,800	40 ft
632 TAYLOR ST N E MINNEAPOLIS MN 55413	WYATT JAMES FITZSIMMONS	RESIDENTIAL-TWO UNIT	$345,800	79 ft
618 TAYLOR ST N E MINNEAPOLIS MN 55413	KYLE MAUSEL	RESIDENTIAL	$220,000	79 ft
636 TAYLOR ST N E MINNEAPOLIS MN 55413	NORTH SHORE DWELLINGS LLC	RESIDENTIAL	$230,000	119 ft
614 TAYLOR ST N E MINNEAPOLIS MN 55413	CHARLES D MARKS	RESIDENTIAL-TWO UNIT	$354,700	119 ft
627 POLK ST N E MINNEAPOLIS MN 55413	LYNDON ENTERPRISES LLC	APARTMENT	$1,445,000	133 ft
633 POLK ST N E MINNEAPOLIS MN 55413	JT'S ADVENTURE LLC	RESIDENTIAL	$226,000	151 ft
610 TAYLOR ST N E MINNEAPOLIS MN 55413	CODY G SEAVEY	TOWNHOUSE	$289,000	154 ft
642 TAYLOR ST N E MINNEAPOLIS MN 55413	JEFFREY T SCHMIDT	RESIDENTIAL	$229,000	158 ft

Property History

Most Recent Sale

Date202512

Price$400,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,182