1411 3RD ST N E MINNEAPOLIS MN 55413

PID: 1402924220153

Property Overview

Parcel ID1402924220153

Lot Size3,036 sq ft (0.070 ac)

Lot Dimensions (est.)66 ft wide × 46 ft deep

Year Built1912

Property ClassRESIDENTIAL

OwnerI J RANS/R S RANS/J W RANS

Assessed Value$274,600

Land Value$101,000

Building Value$173,600

Annual Tax$3,945

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width36 ft

Buildable depth26 ft

Area~934 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 934 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1401 3RD ST N E MINNEAPOLIS MN 55413	M ST ANTHONY & J COLEMAN	APARTMENT	$621,000	66 ft
307 14TH AVE N E MINNEAPOLIS MN 55413	R & E SCHURMAN	RESIDENTIAL-TWO UNIT	$383,300	66 ft
1417 3RD ST N E MINNEAPOLIS MN 55413	HANNA KASID & FRANK P NESSER	RESIDENTIAL-TWO UNIT	$433,900	75 ft
311 14TH AVE N E MINNEAPOLIS MN 55413	OLGA HERRERA	RESIDENTIAL-TWO UNIT	$397,100	93 ft
1419 3RD ST N E MINNEAPOLIS MN 55413	AMANDA JARRETT SMITH	RESIDENTIAL	$430,000	118 ft
315 14TH AVE N E MINNEAPOLIS MN 55413	B TILLMAN & J F F BOLTON	RESIDENTIAL	$359,100	139 ft
1400 3RD ST N E MINNEAPOLIS MN 55413	GEORGIA E BECKER	RESIDENTIAL	$437,300	147 ft
1421 3RD ST N E MINNEAPOLIS MN 55413	GREG BEAUDRY	RESIDENTIAL	$217,700	148 ft
1410 3RD ST N E MINNEAPOLIS MN 55413	SHIVA PROPERTIES LLC	RESIDENTIAL	$324,000	165 ft
1414 3RD ST N E MINNEAPOLIS MN 55413	CLAUDIA HOLT	RESIDENTIAL	$237,300	185 ft

Property History

Most Recent Sale

Date201003

Price$136,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$3,945