1417 5TH ST N E MINNEAPOLIS MN 55413

PID: 1402924210041

Property Overview

Parcel ID1402924210041

Lot Size5,563 sq ft (0.128 ac)

Lot Dimensions (est.)139 ft wide × 40 ft deep

Year Built1900

Property ClassTRIPLEX

OwnerTAMMY BYRNE ZIEGLER

Assessed Value$521,700

Land Value$139,000

Building Value$382,700

Annual Tax$9,907

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

1 permit on record since 2022 · Most recent: Nov 2022 (res)

ResNov 2022Closed

Barnes Plumbing Co Inc

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

Neighborhood Profile

Sheridan · 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth99 ft

Area~2,971 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 2,971 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1421 5TH ST N E MINNEAPOLIS MN 55413	JOHN HOLLAND	APARTMENT	$615,000	40 ft
1415 5TH ST N E MINNEAPOLIS MN 55413	STEVEN F NEGAARD	RESIDENTIAL-TWO UNIT	$297,900	40 ft
1427 5TH ST N E MINNEAPOLIS MN 55413	MATTHEW MANGAN LOW	RESIDENTIAL	$333,600	80 ft
1411 5TH ST N E MINNEAPOLIS MN 55413	L A DYKEMA & N R ANDERSON	RESIDENTIAL	$312,500	80 ft
1431 5TH ST N E MINNEAPOLIS MN 55413	J L KONCKER & C T M KONCKER	RESIDENTIAL	$427,500	120 ft
1407 5TH ST N E MINNEAPOLIS MN 55413	NORMAN E MOSHER TRUST	RESIDENTIAL-TWO UNIT	$348,300	120 ft
1414 6TH ST N E MINNEAPOLIS MN 55413	JOY SMALLFIELD	RESIDENTIAL	$332,300	151 ft
1412 6TH ST N E MINNEAPOLIS MN 55413	ELITE REALTY LLC	RESIDENTIAL	$418,200	156 ft
1422 6TH ST N E MINNEAPOLIS MN 55413	LISA GELBURT	RESIDENTIAL	$247,100	156 ft
1401 5TH ST N E MINNEAPOLIS MN 55413	TREVOR STEGER	RESIDENTIAL-TWO UNIT	$396,300	160 ft

Property History

Most Recent Sale

Date201905

Price$469,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,907