601 BROADWAY ST N E MINNEAPOLIS MN 55413

PID: 1402924240149

Property Overview

Parcel ID1402924240149

Lot Size3,132 sq ft (0.072 ac)

Lot Dimensions (est.)36 ft wide × 87 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerNICOLE A CAICEDO

Assessed Value$444,600

Land Value$81,000

Building Value$363,600

Annual Tax$8,444

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2019 · $7K total declared value · Most recent: Oct 2024 (res)

ResOct 2024Closed

Warners Stellian Co Inc

MiscAug 2023Closed

$7K

BAYPORT ROOFING AND SIDING LLC

ResFeb 2023Closed

FFM LLC

ResOct 2020Closed

Noah Acquistions LLC

ResFeb 2020Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width21 ft

Buildable depth47 ft

Area~987 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 987 sqft buildable area.

Est. units

Yield on cost

3.2%

Spread

-2.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
605 BROADWAY ST N E MINNEAPOLIS MN 55413	JAMES T & JOY E S GULLIKSON	RESIDENTIAL	$355,200	69 ft
1111 6TH ST N E MINNEAPOLIS MN 55413	JOHN ADAMS & JENNIFER CARON	RESIDENTIAL	$266,000	82 ft
1115 6TH ST N E MINNEAPOLIS MN 55413	ERIC J BALDUS	RESIDENTIAL-TWO UNIT	$464,000	116 ft
1100 6TH ST N E MINNEAPOLIS MN 55413	CHRISTOPHER ALLEN ET AL	RESIDENTIAL-TWO UNIT	$507,700	129 ft
530 BROADWAY ST N E MINNEAPOLIS MN 55413	NICOLE A CAICEDO	RESIDENTIAL-TWO UNIT	$343,000	141 ft
526 BROADWAY ST N E MINNEAPOLIS MN 55413	CHERYL SOMERS	RESIDENTIAL	$196,400	144 ft
1106 6TH ST N E MINNEAPOLIS MN 55413	ZBIS LLC	RESIDENTIAL	$366,700	148 ft
1119 6TH ST N E MINNEAPOLIS MN 55413	M CEFALU & M DIGNIN	RESIDENTIAL	$375,100	153 ft
1110 6TH ST N E MINNEAPOLIS MN 55413	1110 6TH ST LLC	RESIDENTIAL-TWO UNIT	$384,000	160 ft
611 BROADWAY ST N E MINNEAPOLIS MN 55413	RYAN AND ROBERT PHUNDHELLER	RESIDENTIAL	$306,600	162 ft

Property History

Most Recent Sale

Date201906

Price$389,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,444