1319 6TH ST N E MINNEAPOLIS MN 55413

PID: 1402924240104

Property Overview

Parcel ID1402924240104

Lot Size5,564 sq ft (0.128 ac)

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

Year Built1900

Property ClassTRIPLEX

OwnerTERRY L JOHNSON

Assessed Value$338,000

Land Value$139,000

Building Value$199,000

Annual Tax$5,006

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

5 permits on record since 2022 · $34K total declared value · Most recent: Oct 2023 (roofwind)

RoofwindOct 2023Closed

$4K

Terry L Johnson

ExistresMay 2023Expired

Ray N Welter Heating Co

RoofwindFeb 2023Closed

$30K

Terry L Johnson

ResDec 2022Closed

Piperight Plumbing Inc

ResFeb 2022Closed

Farr Plumbing and Heating 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~2,973 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 2,973 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
1327 6TH ST N E MINNEAPOLIS MN 55413	MACKENZIE K MCDONALD	RESIDENTIAL	$354,900	40 ft
1317 6TH ST N E MINNEAPOLIS MN 55413	GERALD REEDY	RESIDENTIAL	$201,800	40 ft
1331 6TH ST N E MINNEAPOLIS MN 55413	ADAM W CHINQUIST	RESIDENTIAL-TWO UNIT	$393,300	80 ft
1315 6TH ST N E MINNEAPOLIS MN 55413	IAN J OBERG	RESIDENTIAL-TWO UNIT	$463,300	80 ft
1335 6TH ST N E MINNEAPOLIS MN 55413	V MYKYTYN & N MYKYTYN	RESIDENTIAL	$362,700	120 ft
1322 WASHINGTON ST N E MINNEAPOLIS MN 55413	SARA M MARTIN/BRADLEY UTTER	RESIDENTIAL	$605,000	151 ft
1318 WASHINGTON ST N E MINNEAPOLIS MN 55413	JOSHUA FRIELL	RESIDENTIAL	$239,200	156 ft
1326 WASHINGTON ST N E MINNEAPOLIS MN 55413	IAN J MELDAUS	RESIDENTIAL	$218,600	156 ft
1401 6TH ST N E MINNEAPOLIS MN 55413	SPENCER LEWIS ROSE	RESIDENTIAL-TWO UNIT	$425,700	160 ft
601 13TH AVE N E MINNEAPOLIS MN 55413	ARDEN MILLER	RESIDENTIAL	$370,000	163 ft

Property History

Most Recent Sale

Date202205

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,006