1407 6TH ST N E MINNEAPOLIS MN 55413

PID: 1402924240099

Property Overview

Parcel ID1402924240099

Lot Size5,566 sq ft (0.128 ac)

Lot Dimensions (est.)139 ft wide × 40 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerANDREW D HOEFLER

Assessed Value$429,400

Land Value$139,000

Building Value$290,400

Annual Tax$6,536

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2019 · $9K total declared value · Most recent: Oct 2022 (existres)

ExistresOct 2022Closed

Standard Heating and Air Conditioning Inc

AdditionOct 2021Closed

$4K

CC CONCRETE

ComnofdbvSep 2020Closed

MN Plumbing & Home Services INC

ResFeb 2020Closed

Stewart Plumbing Inc

RemodelFeb 2020Closed

$5K

Engineered Construction Concepts LLC

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

Neighborhood Profile

Sheridan · Minneapolis

Median reported rent647/mo

Renter-occupied60.8%

Median home value$341K

Vacancy rate7.9%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1025

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 depth99 ft

Area~2,974 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 2,974 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1411 6TH ST N E MINNEAPOLIS MN 55413	SAMANTHA L PACE	RESIDENTIAL-TWO UNIT	$444,900	40 ft
1401 6TH ST N E MINNEAPOLIS MN 55413	SPENCER LEWIS ROSE	RESIDENTIAL-TWO UNIT	$425,700	40 ft
1415 6TH ST N E MINNEAPOLIS MN 55413	JOHN W PAUL ET AL SUBJ/LE	RESIDENTIAL-TWO UNIT	$741,600	80 ft
1335 6TH ST N E MINNEAPOLIS MN 55413	V MYKYTYN & N MYKYTYN	RESIDENTIAL	$362,700	80 ft
1417 6TH ST N E MINNEAPOLIS MN 55413	PHILIP W CHAN	APARTMENT	$548,000	120 ft
1331 6TH ST N E MINNEAPOLIS MN 55413	ADAM W CHINQUIST	RESIDENTIAL-TWO UNIT	$393,300	120 ft
1406 WASHINGTON ST N E MINNEAPOLIS MN 55413	DONNA M PERSONS	RESIDENTIAL-TWO UNIT	$405,400	151 ft
1402 WASHINGTON ST N E MINNEAPOLIS MN 55413	ERIC SKARNES	RESIDENTIAL	$381,000	156 ft
1408 WASHINGTON ST N E MINNEAPOLIS MN 55413	G EMMETTE & K GUANNU-EMMETTE	RESIDENTIAL-TWO UNIT	$371,000	156 ft
1421 6TH ST N E MINNEAPOLIS MN 55413	OLIVIA SPITZ & STEVEN SPITZ	RESIDENTIAL-TWO UNIT	$398,900	160 ft

Property History

Most Recent Sale

Date202402

Price$437,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,536