1403 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924240050

Property Overview

Parcel ID1402924240050

Lot Size5,398 sq ft (0.124 ac)

Lot Dimensions (est.)135 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerR WALSETH & J ZWEIGER

Assessed Value$447,800

Land Value$138,000

Building Value$309,800

Annual Tax$9,354

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 width30 ft

Buildable depth95 ft

Area~2,848 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 2,848 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1405 4TH ST N E MINNEAPOLIS MN 55413	ALEX ROTH & SARAH FELLOWS	RESIDENTIAL	$425,700	40 ft
1335 4TH ST N E MINNEAPOLIS MN 55413	HEIDI M ZIEMER	RESIDENTIAL	$339,400	40 ft
1411 4TH ST N E MINNEAPOLIS MN 55413	JON A STEIN	RESIDENTIAL	$351,100	80 ft
1331 4TH ST N E MINNEAPOLIS MN 55413	A CALVO-HERRERA & L J CALVO	RESIDENTIAL-TWO UNIT	$454,900	80 ft
1415 4TH ST N E MINNEAPOLIS MN 55413	W JAMES MORGAN ET AL	RESIDENTIAL	$351,800	120 ft
1327 4TH ST N E MINNEAPOLIS MN 55413	BARBARA A MCGOWAN	RESIDENTIAL-TWO UNIT	$413,600	120 ft
1400 5TH ST N E MINNEAPOLIS MN 55413	J J TJADEN & P J DEVERY	RESIDENTIAL-TWO UNIT	$410,500	147 ft
1334 5TH ST N E MINNEAPOLIS MN 55413	KYLER WITTING & SUSAN YANG	RESIDENTIAL	$375,700	152 ft
1406 5TH ST N E MINNEAPOLIS MN 55413	LORALEE KICKER	RESIDENTIAL	$299,700	152 ft
1419 4TH ST N E MINNEAPOLIS MN 55413	T J MYERS & M M MCCOOL	RESIDENTIAL	$350,000	160 ft

Property History

Most Recent Sale

Date201811

Price$340,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,354