515 BROADWAY ST N E MINNEAPOLIS MN 55413

PID: 1402924240184

Property Overview

Parcel ID1402924240184

Lot Size1,788 sq ft (0.041 ac)

Lot Dimensions (est.)38 ft wide × 47 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerW B SENTYRZ JR & S A SENTYRZ

Assessed Value$141,900

Land Value$59,000

Building Value$82,900

Annual Tax$2,197

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width28 ft

Buildable depth7 ft

Area~198 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 198 sqft buildable area.

Est. units

Yield on cost

9.5%

Spread

+4.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1106 6TH ST N E MINNEAPOLIS MN 55413	ZBIS LLC	RESIDENTIAL	$366,700	66 ft
1100 6TH ST N E MINNEAPOLIS MN 55413	CHRISTOPHER ALLEN ET AL	RESIDENTIAL-TWO UNIT	$507,700	69 ft
509 BROADWAY ST N E MINNEAPOLIS MN 55413	BRADLEY JAMES STEINER	RESIDENTIAL-TWO UNIT	$490,500	82 ft
1110 6TH ST N E MINNEAPOLIS MN 55413	1110 6TH ST LLC	RESIDENTIAL-TWO UNIT	$384,000	97 ft
1114 6TH ST N E MINNEAPOLIS MN 55413	MELISSA CHIN	RESIDENTIAL-TWO UNIT	$389,900	133 ft
501 BROADWAY ST N E MINNEAPOLIS MN 55413	BRADLEY J STEINER	RESIDENTIAL	$370,500	146 ft
500 BROADWAY ST N E MINNEAPOLIS MN 55413	ELDER TREE LLC	APARTMENT	$750,000	148 ft
1115 5TH ST N E MINNEAPOLIS MN 55413	B V WEST & S P WEST REV TRST	RESIDENTIAL-TWO UNIT	$422,100	160 ft
508 BROADWAY ST N E MINNEAPOLIS MN 55413	JORDAN MEADE	RESIDENTIAL	$316,900	162 ft
1118 6TH ST N E MINNEAPOLIS MN 55413	DHAWAN FAM QUAL SPOUSAL TR	RESIDENTIAL-TWO UNIT	$432,400	171 ft

Property History

Most Recent Sale

Date198605

Price$58,900

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$2,197