1514 E MINNEHAHA PKWY MINNEAPOLIS MN 55417

PID: 1402824130036

Property Overview

Parcel ID1402824130036

Lot Size7,599 sq ft (0.174 ac)

Lot Dimensions (est.)129 ft wide × 59 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerMARY E GERGEN LIVING TRUST

Assessed Value$524,700

Land Value$230,000

Building Value$294,700

Annual Tax$8,178

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2019 · $77K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Closed

BONFES PLUMBING HEATING AND AIR SERVICE INC

ResJan 2026Inspection

Warners Stellian Co Inc

ExistresMar 2025Closed

Super Heating and Cooling LLC

RemodelMar 2025Final Inspection

$8K

Sette Colli Home Remodeling LLC

ResMar 2025Closed

Gust Plumbing Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Northrop · Minneapolis

Median reported rent1,991/mo

Renter-occupied11.2%

Median home value$420K

Vacancy rate5.4%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 117.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width95 ft

Buildable depth32 ft

Area~4,349 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 3-story wood frame (5–12 units) benchmarks for 4,349 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1520 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	WILLIAM JOSEPH PICARD	RESIDENTIAL-TWO UNIT	$592,500	76 ft
1510 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	J & B COX	RESIDENTIAL	$624,300	77 ft
4853 15TH AVE S MINNEAPOLIS MN 55417	JOHN T DORNICK TRUST	RESIDENTIAL	$438,300	120 ft
4848 BLOOMINGTON AVE MINNEAPOLIS MN 55417	ANDREA MATTSON/TYLER MATTSON	RESIDENTIAL-TWO UNIT	$431,700	123 ft
1500 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	R L RITTERMAN & D J MILAND	RESIDENTIAL	$731,300	138 ft
4849 15TH AVE S MINNEAPOLIS MN 55417	P M CONWAY & M PB CONWAY	RESIDENTIAL	$260,000	148 ft
4844 BLOOMINGTON AVE MINNEAPOLIS MN 55417	SARAH L WILDER	RESIDENTIAL	$425,100	161 ft
4845 15TH AVE S MINNEAPOLIS MN 55417	INGA STRINZ	RESIDENTIAL	$356,500	181 ft
4840 BLOOMINGTON AVE MINNEAPOLIS MN 55417	A E SANDRIEPE & T SANDRIEPE	RESIDENTIAL	$506,700	200 ft
4841 15TH AVE S MINNEAPOLIS MN 55417	STEVE P MOSING & LISA MOSING	RESIDENTIAL	$580,200	226 ft

Property History

Most Recent Sale

Date202305

Price$555,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,178