715 5TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310030

Property Overview

Parcel ID1402924310030

Lot Size6,460 sq ft (0.148 ac)

Lot Dimensions (est.)166 ft wide × 39 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerSALIM MAKHOUL & BETH MAKHOUL

Assessed Value$360,900

Land Value$160,000

Building Value$200,900

Annual Tax$5,389

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2018 · Most recent: Jun 2024 (existres)

ExistresJun 2024Expired

Standard Heating and Air Conditioning Inc

ResJan 2019Closed

CenterPoint Energy Resource Corp

ResFeb 2018Closed

Linn Star Transfer Inc

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

Neighborhood Profile

St. Anthony West · Minneapolis

Median reported rent1,476/mo

Renter-occupied71.0%

Median home value$413K

Vacancy rate11.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1030

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 width29 ft

Buildable depth126 ft

Area~3,643 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 3,643 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
719 5TH ST N E MINNEAPOLIS MN 55413	S M & A M PATRICK	RESIDENTIAL	$422,600	40 ft
711 5TH ST N E MINNEAPOLIS MN 55413	SHERRI M JULKOWSKI	RESIDENTIAL	$414,900	42 ft
707 5TH ST N E MINNEAPOLIS MN 55413	JOHN KRUGER & GREG KRUGER	RESIDENTIAL-TWO UNIT	$453,100	86 ft
508 8TH AVE N E MINNEAPOLIS MN 55413	E S BERNARD/A L SCHIFF ET AL	RESIDENTIAL-TWO UNIT	$578,600	113 ft
500 8TH AVE N E MINNEAPOLIS MN 55413	JAMES REDMOND CLIFFORD	RESIDENTIAL-TWO UNIT	$431,400	120 ft
506 8TH AVE N E MINNEAPOLIS MN 55413	C LABERGE & V CHRISTENSEN	RESIDENTIAL	$234,300	124 ft
512 8TH AVE N E MINNEAPOLIS MN 55413	H BOTTLER & K S P ROCA	RESIDENTIAL-TWO UNIT	$428,600	127 ft
516 8TH AVE N E MINNEAPOLIS MN 55413	516 8TH AVE NE LLC	RESIDENTIAL-TWO UNIT	$427,300	141 ft
509 7TH AVE N E MINNEAPOLIS MN 55413	ARSENIO J THUNSTROM	RESIDENTIAL-TWO UNIT	$506,400	146 ft
703 5TH ST N E MINNEAPOLIS MN 55413	WALTER FEDORCZUK ET AL	RESIDENTIAL	$417,000	146 ft

Property History

Most Recent Sale

Date202205

Price$435,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,389