724 E MINNEHAHA PKWY MINNEAPOLIS MN 55417

PID: 1402824320021

Property Overview

Parcel ID1402824320021

Lot Size7,991 sq ft (0.183 ac)

Lot Dimensions (est.)50 ft wide × 160 ft deep

Year Built2005

Property ClassRESIDENTIAL

OwnerDANA BEDESSEM & NOAH HUTH

Assessed Value$798,800

Land Value$240,000

Building Value$558,800

Annual Tax$13,363

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

Field · Minneapolis

Median reported rent1,682/mo

Renter-occupied6.3%

Median home value$446K

Vacancy rate4.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1116

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 width37 ft

Buildable depth120 ft

Area~4,370 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 4,370 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
728 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	MARGARET TEARE & ANDREW JOHN	RESIDENTIAL	$527,300	51 ft
734 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	BRYAN M & JANA C OTT	RESIDENTIAL	$624,200	100 ft
720 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	ERIC L FOX & TANYA M FOX	RESIDENTIAL	$849,000	109 ft
5015 COLUMBUS AVE MINNEAPOLIS MN 55417	WILLIAM D HELGESON	RESIDENTIAL	$336,500	145 ft
738 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	DEBORAH DE WAYNE DOWDEN	RESIDENTIAL	$497,000	149 ft
716 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	K CAMPBELL & E CAMPBELL	RESIDENTIAL	$419,500	149 ft
5014 COLUMBUS AVE MINNEAPOLIS MN 55417	M W MATTHEWS & R MATTHEWS	VACANT LAND-RESIDENTIAL	$1,100	172 ft
712 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	DAVID BENSON	RESIDENTIAL	$657,300	186 ft
5009 COLUMBUS AVE MINNEAPOLIS MN 55417	CARTER GRUSS	RESIDENTIAL	$364,000	205 ft
742 E MINNEHAHA PKWY MINNEAPOLIS MN 55417	B R FREDERICK & K FREDERICK	RESIDENTIAL-TWO UNIT	$750,000	212 ft

Property History

Most Recent Sale

Date202011

Price$710,000

Type—

Current Tax Year

Year2026

Tax Due$13,363