1509 JEFFERSON ST N E MINNEAPOLIS MN 55413

PID: 1402924120014

Property Overview

Parcel ID1402924120014

Lot Size5,419 sq ft (0.124 ac)

Lot Dimensions (est.)111 ft wide × 49 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerVICTOR Y SHURAN ET AL

Assessed Value$388,300

Land Value$146,000

Building Value$242,300

Annual Tax$5,848

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $11K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

MiscMar 2025Closed

$11K

Mayday Restoration

ExistresOct 2019Closed

Hoffman Refrigeration and Heating Ltd

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

Neighborhood Profile

Logan Park · Minneapolis

Median reported rent647/mo

Renter-occupied60.8%

Median home value$341K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1025

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width39 ft

Buildable depth71 ft

Area~2,758 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 sfr / adu benchmarks for 2,758 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1507 JEFFERSON ST N E MINNEAPOLIS MN 55413	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	29 ft
1505 JEFFERSON ST N E MINNEAPOLIS MN 55413	ANDRES S ALTAMIRANO ET AL	RESIDENTIAL	$349,900	44 ft
1515 JEFFERSON ST N E MINNEAPOLIS MN 55413	B C CEREPAK & K D CEREPAK	RESIDENTIAL	$406,000	51 ft
1501 JEFFERSON ST N E MINNEAPOLIS MN 55413	M J SPIEGLE & N M SPIEGLE	RESIDENTIAL-TWO UNIT	$404,100	85 ft
1519 JEFFERSON ST N E MINNEAPOLIS MN 55413	NICHOLAS W PYPER-HOLZ ET AL	RESIDENTIAL-TWO UNIT	$416,100	87 ft
1523 JEFFERSON ST N E MINNEAPOLIS MN 55413	ERIC LAUER HUNT	RESIDENTIAL-TWO UNIT	$408,300	126 ft
671 15TH AVE N E MINNEAPOLIS MN 55413	ROSS SANDELL	RESIDENTIAL-TWO UNIT	$353,500	127 ft
1508 MADISON ST N E MINNEAPOLIS MN 55413	JULIE A GUBBIN	RESIDENTIAL	$313,000	140 ft
1502 MADISON ST N E MINNEAPOLIS MN 55413	JORGE G QUIZHPI	RESIDENTIAL-TWO UNIT	$440,900	144 ft
1514 MADISON ST N E MINNEAPOLIS MN 55413	EMILY BARRETT/JOHN WEBSTER	RESIDENTIAL	$343,900	150 ft

Property History

Most Recent Sale

Date199805

Price$53,000

Type—

Current Tax Year

Year2026

Tax Due$5,848