1523 MADISON ST N E MINNEAPOLIS MN 55413

PID: 1402924120175

Property Overview

Parcel ID1402924120175

Lot Size5,093 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1907

Property ClassRESIDENTIAL-TWO UNIT

OwnerKARL BRUMMER

Assessed Value$335,000

Land Value$141,000

Building Value$194,000

Annual Tax$6,363

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2025 · $22K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

AdditionNov 2025Inspection

$22K

DECK SCIENCE LLC

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 width30 ft

Buildable depth87 ft

Area~2,618 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 2,618 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1519 MADISON ST N E MINNEAPOLIS MN 55413	ABRAM & JULIE DAVIS	RESIDENTIAL-TWO UNIT	$439,100	40 ft
1527 MADISON ST N E MINNEAPOLIS MN 55413	LINDSEY NICOLE JOHNSON	RESIDENTIAL-TWO UNIT	$380,600	40 ft
1515 MADISON ST N E MINNEAPOLIS MN 55413	NICK J PERLICK TRUST	RESIDENTIAL-TWO UNIT	$395,300	80 ft
1531 MADISON ST N E MINNEAPOLIS MN 55413	P E NELSON & I S NELSON	RESIDENTIAL	$318,000	80 ft
1511 MADISON ST N E MINNEAPOLIS MN 55413	TIMOTHY S KENNEDY	RESIDENTIAL-TWO UNIT	$443,400	120 ft
1535 MADISON ST N E MINNEAPOLIS MN 55413	DAVID THOMAS PITCHFORD	RESIDENTIAL	$424,700	120 ft
1524 MONROE ST N E MINNEAPOLIS MN 55413	E D SIEGEL & E C JOHNSON	RESIDENTIAL-TWO UNIT	$350,700	139 ft
1528 MONROE ST N E MINNEAPOLIS MN 55413	JENNIFER E MEDINA CRIOLLO	RESIDENTIAL	$530,000	144 ft
1518 MONROE ST N E MINNEAPOLIS MN 55413	LATRA LEASING LLP	RESIDENTIAL-TWO UNIT	$391,800	144 ft
1532 MONROE ST N E MINNEAPOLIS MN 55413	KEVIN ERIC KARRAKER	RESIDENTIAL	$275,400	160 ft

Property History

Most Recent Sale

Date202502

Price$336,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,363