651 TAYLOR ST N E MINNEAPOLIS MN 55413

PID: 1302924320078

Property Overview

Parcel ID1302924320078

Lot Size4,920 sq ft (0.113 ac)

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

Year Built1982

Property ClassRESIDENTIAL

OwnerJANET M JOHNSON

Assessed Value$292,200

Land Value$95,000

Building Value$197,200

Annual Tax$4,514

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

No permits found in Minneapolis open data for this parcel.

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
655 TAYLOR ST N E MINNEAPOLIS MN 55413	RICHERSON LIVING TRUST	RESIDENTIAL	$566,700	39 ft
647 TAYLOR ST N E MINNEAPOLIS MN 55413	MICHAEL J BAIER	RESIDENTIAL	$283,000	40 ft
659 TAYLOR ST N E MINNEAPOLIS MN 55413	LORANNE D SHAMBACH	RESIDENTIAL	$378,200	79 ft
643 TAYLOR ST N E MINNEAPOLIS MN 55413	SARAH N TENBENSEL	RESIDENTIAL	$151,000	79 ft
639 TAYLOR ST N E MINNEAPOLIS MN 55413	LAUREN KOSCHMEDER	RESIDENTIAL	$253,200	119 ft
650 FILLMORE ST N E MINNEAPOLIS MN 55413	E M CAMPILLO & N SANCHEZ	RESIDENTIAL	$201,600	138 ft
654 FILLMORE ST N E MINNEAPOLIS MN 55413	REBECCA JUSTINE DESSONVILLE	RESIDENTIAL	$241,400	144 ft
646 FILLMORE ST N E MINNEAPOLIS MN 55413	LETOYIA F GROSS	RESIDENTIAL	$316,700	144 ft
658 FILLMORE ST N E MINNEAPOLIS MN 55413	VALUE HOMES LLC	TRIPLEX	$548,100	159 ft
640 FILLMORE ST N E MINNEAPOLIS MN 55413	NICHOLAS WELKER	RESIDENTIAL	$349,800	162 ft

Property History

Most Recent Sale

Date200102

Price$133,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,514