1432 5TH ST N E MINNEAPOLIS MN 55413

PID: 1402924210024

Property Overview

Parcel ID1402924210024

Lot Size5,871 sq ft (0.135 ac)

Lot Dimensions (est.)135 ft wide × 44 ft deep

Year Built1891

Property ClassAPARTMENT

OwnerMICHAEL T MISKOWIEC

Assessed Value$496,000

Land Value$21,800

Building Value$102,200

Annual Tax$8,487

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Sheridan · Minneapolis

Median reported rent1,466/mo

Renter-occupied71.3%

Median home value$320K

Vacancy rate11.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 24

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 width122 ft

Buildable depth4 ft

Area~2,896 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 2,896 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1430 5TH ST N E MINNEAPOLIS MN 55413	JOSE M LALA QUITO	RESIDENTIAL	$253,300	42 ft
1424 5TH ST N E MINNEAPOLIS MN 55413	MATT CARTER ALTO	RESIDENTIAL	$278,400	82 ft
1422 5TH ST N E MINNEAPOLIS MN 55413	N D HITTLER & W D HITTLER	RESIDENTIAL	$409,200	122 ft
1500 5TH ST N E MINNEAPOLIS MN 55413	ERIK A LARSON	TRIPLEX	$518,700	127 ft
445 15TH AVE N E MINNEAPOLIS MN 55413	MARK C MILLER	RESIDENTIAL	$376,400	137 ft
1433 4TH ST N E MINNEAPOLIS MN 55413	NE HOLDINGS LLC	APARTMENT	$520,000	147 ft
1431 4TH ST N E MINNEAPOLIS MN 55413	LUCAS S POWELL/JODI L BURKE	RESIDENTIAL	$415,200	152 ft
1418 5TH ST N E MINNEAPOLIS MN 55413	MATEUSZ TROICKI & M TROICKI	RESIDENTIAL-TWO UNIT	$419,000	162 ft
1427 4TH ST N E MINNEAPOLIS MN 55413	A DEAN & J DOMMER-KOCH	RESIDENTIAL	$330,600	168 ft
1501 4TH ST N E MINNEAPOLIS MN 55413	ANDREW A TINBERG REVOC TRUST	RESIDENTIAL-TWO UNIT	$314,600	182 ft

Property History

Most Recent Sale

Date199204

Price$1

Type—

Current Tax Year

Year2026

Tax Due$8,487