1719 3RD ST N E MINNEAPOLIS MN 55413

PID: 1402924220145

Property Overview

Parcel ID1402924220145

Lot Size5,917 sq ft (0.136 ac)

Lot Dimensions (est.)155 ft wide × 38 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerKRIEG REVOC LIVING TRUST

Assessed Value$294,200

Land Value$127,000

Building Value$167,200

Annual Tax$4,272

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: Apr 2017 (existres)

ExistresApr 2017Closed

Hoffman Refrigeration and Heating Ltd

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

Neighborhood Profile

Bottineau · Minneapolis

Median reported rent1,578/mo

Renter-occupied61.3%

Median home value$320K

Vacancy rate9.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 17

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 width28 ft

Buildable depth116 ft

Area~3,239 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 3,239 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
1723 3RD ST N E MINNEAPOLIS MN 55413	JENNIFER HENDRICKSON	RESIDENTIAL-TWO UNIT	$355,000	38 ft
1717 3RD ST N E MINNEAPOLIS MN 55413	ERIN KIRBY	RESIDENTIAL-TWO UNIT	$340,900	38 ft
1727 3RD ST N E MINNEAPOLIS MN 55413	DEVIN HOGAN	RESIDENTIAL-TWO UNIT	$299,000	76 ft
1713 3RD ST N E MINNEAPOLIS MN 55413	H J TUHAKE & N TUHAKE	RESIDENTIAL-TWO UNIT	$346,200	76 ft
1709 3RD ST N E MINNEAPOLIS MN 55413	SASHA LINDQUIST	RESIDENTIAL	$242,700	114 ft
1 ADDRESS PENDING MINNEAPOLIS MN 00000	VALUE HOMES LLC	CONDOMINIUM	$263,500	128 ft
1 ADDRESS PENDING MINNEAPOLIS MN 00000	VALUE HOMES LLC	CONDOMINIUM	$251,100	128 ft
1 ADDRESS PENDING MINNEAPOLIS MN 00000	VALUE HOMES LLC	CONDOMINIUM	$260,400	128 ft
MN	Unknown	—	—	128 ft
301 17TH AVE N E MINNEAPOLIS MN 55413	M3 PROPS LLC	APARTMENT	$1,610,000	168 ft

Property History

Most Recent Sale

Date200905

Price$68,600

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,272