1500 E MINNEHAHA PKWY MINNEAPOLIS MN 55417

PID: 1402824130038

Property Overview

Parcel ID1402824130038

Lot Size12,481 sq ft (0.287 ac)

Lot Dimensions (est.)62 ft wide × 202 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerR L RITTERMAN & D J MILAND

Assessed Value$731,300

Land Value$281,000

Building Value$450,300

Annual Tax$12,086

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2013 · $131K total declared value · Most recent: Apr 2026 (res)

ResApr 2026Inspection

MN Plumbing & Home Services INC

RemodelMar 2025Closed

$15K

Homecare Remodel LLC

ResFeb 2025Closed

Southtown Plumbing Inc

ExistresJan 2024Expired

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

ResAug 2021Closed

HomeWorks Services LLC

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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width49 ft

Buildable depth162 ft

Area~7,692 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 7,692 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
1510 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	J & B COX	RESIDENTIAL	$624,300	64 ft
1514 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	MARY E GERGEN LIVING TRUST	RESIDENTIAL	$524,700	138 ft
4853 15TH AVE S MINNEAPOLIS MN 55417	JOHN T DORNICK TRUST	RESIDENTIAL	$438,300	139 ft
4900 15TH AVE S MINNEAPOLIS MN 55417	HERBERT M ROBERTSON ETAL	RESIDENTIAL	$382,900	154 ft
4904 15TH AVE S MINNEAPOLIS MN 55417	C ANDERS & E GONZALEZ	RESIDENTIAL	$342,800	157 ft
4860 15TH AVE S MINNEAPOLIS MN 55417	ANNE JENSEN & MARY JENSEN	RESIDENTIAL	$480,600	163 ft
4908 15TH AVE S MINNEAPOLIS MN 55417	M LEMIEUX & T LEMIEUX	RESIDENTIAL	$572,700	172 ft
4849 15TH AVE S MINNEAPOLIS MN 55417	P M CONWAY & M PB CONWAY	RESIDENTIAL	$260,000	178 ft
4856 15TH AVE S MINNEAPOLIS MN 55417	PHILLIP WHITE & MOLLY WHITE	RESIDENTIAL	$451,300	181 ft
4852 15TH AVE S MINNEAPOLIS MN 55417	W BAKER & C O'NEILL REV TR	RESIDENTIAL	$422,200	205 ft

Property History

Most Recent Sale

Date200408

Price$415,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,086