1701 MADISON ST N E MINNEAPOLIS MN 55413

PID: 1402924120237

Property Overview

Parcel ID1402924120237

Lot Size56,679 sq ft (1.301 ac)

Lot Dimensions (est.)246 ft wide × 230 ft deep

Year Built1921

Property ClassCONDOMINIUM

OwnerCAROLINE PFLUEGER TRUST

Assessed Value$330,000

Land Value$15,000

Building Value$315,000

Annual Tax$5,109

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · Most recent: Aug 2023 (commercial minor)

Commercial MinorAug 2023Closed

Warners Stellian Co Inc

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

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 width233 ft

Buildable depth190 ft

Area~48,548 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 48,548 sqft buildable area.

Est. units

107

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value
1701 MADISON ST N E MINNEAPOLIS MN 55413	ROBERT J NEMGAR TR ET AL	CONDOMINIUM	$365,000
1701 MADISON ST N E MINNEAPOLIS MN 55413	IACARELLA LIVING REV TR	CONDOMINIUM	$518,000
1701 MADISON ST N E MINNEAPOLIS MN 55413	SARAH DWYER & PATRICK DWYER	CONDOMINIUM	$453,000
1701 MADISON ST N E MINNEAPOLIS MN 55413	EMILY C JOHNSON TRUST	CONDOMINIUM	$338,000
1701 MADISON ST N E MINNEAPOLIS MN 55413	JOHN DEEN & DENISE T DEEN	CONDO GARAGE/MISCELLANEOUS	$6,100
1701 MADISON ST N E MINNEAPOLIS MN 55413	TOM KEEN & JUDITH KEEN	CONDO GARAGE/MISCELLANEOUS	$6,100
1701 MADISON ST N E MINNEAPOLIS MN 55413	CLARK & MIA BREMER REV LV TR	CONDO GARAGE/MISCELLANEOUS	$6,100
1701 MADISON ST N E MINNEAPOLIS MN 55413	ANDI JORDT	CONDO GARAGE/MISCELLANEOUS	$6,100
1701 MADISON ST N E MINNEAPOLIS MN 55413	BRIAN FISCHER	CONDO GARAGE/MISCELLANEOUS	$6,100
1701 MADISON ST N E MINNEAPOLIS MN 55413	ANDI JORDT	CONDO GARAGE/MISCELLANEOUS	$6,100

Property History

Most Recent Sale

Date201310

Price$206,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$5,109