1506 WASHINGTON ST N E MINNEAPOLIS MN 55413

PID: 1402924210055

Property Overview

Parcel ID1402924210055

Lot Size11,112 sq ft (0.255 ac)

Lot Dimensions (est.)139 ft wide × 80 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerKALE R JOHNSON

Assessed Value$462,900

Land Value$175,000

Building Value$287,900

Annual Tax$7,097

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2023 · $24K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Final Inspection

CenterPoint Energy Resource Corp

MiscSep 2023Closed

$24K

eRoof LLC

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

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 width126 ft

Buildable depth40 ft

Area~6,623 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 6,623 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
1510 WASHINGTON ST N E MINNEAPOLIS MN 55413	STEPHEN R SEHLESINGER	TRIPLEX	$450,700	60 ft
1514 WASHINGTON ST N E MINNEAPOLIS MN 55413	LACY WITTMAN	RESIDENTIAL	$363,400	100 ft
1432 WASHINGTON ST N E MINNEAPOLIS MN 55413	RILEY MAGNUSON	APARTMENT	$507,000	128 ft
1518 WASHINGTON ST N E MINNEAPOLIS MN 55413	KYLE YOUNGBLOM	RESIDENTIAL	$329,000	140 ft
1505 6TH ST N E MINNEAPOLIS MN 55413	LISA MARIE KESKE	RESIDENTIAL-TWO UNIT	$405,100	152 ft
1501 6TH ST N E MINNEAPOLIS MN 55413	MARK S DUPREE	RESIDENTIAL	$329,800	152 ft
1511 6TH ST N E MINNEAPOLIS MN 55413	IAN YOUNG	RESIDENTIAL	$406,200	162 ft
1428 WASHINGTON ST N E MINNEAPOLIS MN 55413	GEORGE EHLERS	RESIDENTIAL	$246,100	170 ft
1520 WASHINGTON ST N E MINNEAPOLIS MN 55413	K N TRAN & S A SCHMITT	RESIDENTIAL-TWO UNIT	$387,800	180 ft
1515 6TH ST N E MINNEAPOLIS MN 55413	G M FEINBERG & S G FEINBERG	RESIDENTIAL	$288,200	181 ft

Property History

Most Recent Sale

Date199807

Price$92,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,097