156 15TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924220131

Property Overview

Parcel ID1402924220131

Lot Size2,640 sq ft (0.061 ac)

Lot Dimensions (est.)40 ft wide × 66 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerE L BENGTSON /B M G BENGTSON

Assessed Value$206,400

Land Value$93,000

Building Value$113,400

Annual Tax$3,066

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 2020 · $6K total declared value · Most recent: Aug 2020 (remodel)

RemodelAug 2020Closed

$6K

Empire Solar Group LLC

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 width30 ft

Buildable depth26 ft

Area~781 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 sfr / adu benchmarks for 781 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
150 15TH AVE N E MINNEAPOLIS MN 55413	N J BENTON & A F CONGER	RESIDENTIAL	$258,000	42 ft
160 15TH AVE N E MINNEAPOLIS MN 55413	M C EARLY-NELSON/A J MCINNIS	RESIDENTIAL	$276,300	52 ft
1423 MAIN ST N E MINNEAPOLIS MN 55413	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	54 ft
1419 MAIN ST N E MINNEAPOLIS MN 55413	Z A QUAMMEN & B A C QUAMMEN	RESIDENTIAL	$264,900	85 ft
162 15TH AVE N E MINNEAPOLIS MN 55413	T BUHRSMITH & J ACKLAND	RESIDENTIAL	$347,100	86 ft
1417 MAIN ST N E MINNEAPOLIS MN 55413	M A CASTANON & S H WALL	RESIDENTIAL	$533,100	133 ft
170 15TH AVE N E MINNEAPOLIS MN 55413	TITHE INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$310,800	135 ft
1505 MAIN ST N E MINNEAPOLIS MN 55413	LEFT BANK PROPERTY 1199 LLC	RESIDENTIAL	$337,300	139 ft
161 15TH AVE N E MINNEAPOLIS MN 55413	NORDEAST BIRD SEN LLC ET AL	RESIDENTIAL-TWO UNIT	$401,100	149 ft
165 15TH AVE N E MINNEAPOLIS MN 55413	MARK BUTLER	RESIDENTIAL	$212,000	182 ft

Property History

Most Recent Sale

Date200103

Price$1

Type—

Current Tax Year

Year2026

Tax Due$3,066