1410 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924210196

Property Overview

Parcel ID1402924210196

Lot Size5,807 sq ft (0.133 ac)

Lot Dimensions (est.)132 ft wide × 44 ft deep

Year Built1905

Property ClassRESIDENTIAL-TWO UNIT

OwnerJAKE LUPPEN

Assessed Value$470,600

Land Value$142,000

Building Value$328,600

Annual Tax$7,450

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

1 permit on record since 2017 · Most recent: Oct 2017 (res)

ResOct 2017Closed

Urban Pine Plumbing and Mechanical Inc

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

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width34 ft

Buildable depth92 ft

Area~3,126 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 3,126 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1404 4TH ST N E MINNEAPOLIS MN 55413	ESTATE OF MARY M OLSON	RESIDENTIAL-TWO UNIT	$521,400	44 ft
1414 4TH ST N E MINNEAPOLIS MN 55413	JUSTIN VOEGELE	RESIDENTIAL-TWO UNIT	$200,000	50 ft
1400 4TH ST N E MINNEAPOLIS MN 55413	M PAWLCYN & J P BYRNES	RESIDENTIAL	$417,000	88 ft
347 14TH AVE N E MINNEAPOLIS MN 55413	GEROLD LUSS ETAL	RESIDENTIAL-TWO UNIT	$370,400	93 ft
1418 4TH ST N E MINNEAPOLIS MN 55413	DMTM REALTY LLC	LAND-COMMERCIAL	$126,700	98 ft
343 14TH AVE N E MINNEAPOLIS MN 55413	NATHAN KUHLMAN/ERICA KUHLMAN	RESIDENTIAL-TWO UNIT	$511,800	123 ft
341 14TH AVE N E MINNEAPOLIS MN 55413	ZOELLAN CAROLI KJERNES	RESIDENTIAL	$226,000	168 ft
1426 4TH ST N E MINNEAPOLIS MN 55413	DMTM REALTY LLC	COMMERCIAL-PREFERRED	$789,000	173 ft
348 15TH AVE N E MINNEAPOLIS MN 55413	KATHERINE E HEINEMANN	TRIPLEX	$355,300	174 ft
1413 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	WILTON J BERGER	RESIDENTIAL-TWO UNIT	$359,400	186 ft

Property History

Most Recent Sale

Date202111

Price$460,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,450