307 14TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924230022

Property Overview

Parcel ID1402924230022

Lot Size4,356 sq ft (0.100 ac)

Lot Dimensions (est.)33 ft wide × 131 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerR & E SCHURMAN

Assessed Value$383,300

Land Value$122,000

Building Value$261,300

Annual Tax$7,279

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

No permits found in Minneapolis open data for this parcel.

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 width23 ft

Buildable depth92 ft

Area~2,116 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 2,116 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
311 14TH AVE N E MINNEAPOLIS MN 55413	OLGA HERRERA	RESIDENTIAL-TWO UNIT	$397,100	33 ft
1401 3RD ST N E MINNEAPOLIS MN 55413	M ST ANTHONY & J COLEMAN	APARTMENT	$621,000	54 ft
1411 3RD ST N E MINNEAPOLIS MN 55413	I J RANS/R S RANS/J W RANS	RESIDENTIAL	$274,600	66 ft
315 14TH AVE N E MINNEAPOLIS MN 55413	B TILLMAN & J F F BOLTON	RESIDENTIAL	$359,100	82 ft
1417 3RD ST N E MINNEAPOLIS MN 55413	HANNA KASID & FRANK P NESSER	RESIDENTIAL-TWO UNIT	$433,900	99 ft
1419 3RD ST N E MINNEAPOLIS MN 55413	AMANDA JARRETT SMITH	RESIDENTIAL	$430,000	150 ft
1404 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	PHILLIP W CHAN	RESIDENTIAL-TWO UNIT	$485,900	181 ft
1400 3RD ST N E MINNEAPOLIS MN 55413	GEORGIA E BECKER	RESIDENTIAL	$437,300	182 ft
1421 3RD ST N E MINNEAPOLIS MN 55413	GREG BEAUDRY	RESIDENTIAL	$217,700	183 ft
1410 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	SUSANNAH DODGE	RESIDENTIAL-TWO UNIT	$403,600	186 ft

Property History

Most Recent Sale

Date199803

Price$65,000

TypeCONTRACT FOR DEED

Current Tax Year

Year2026

Tax Due$7,279