707 5TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310032

Property Overview

Parcel ID1402924310032

Lot Size6,967 sq ft (0.160 ac)

Lot Dimensions (est.)167 ft wide × 42 ft deep

Year Built1908

Property ClassRESIDENTIAL-TWO UNIT

OwnerJOHN KRUGER & GREG KRUGER

Assessed Value$453,100

Land Value$164,000

Building Value$289,100

Annual Tax$6,933

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $7K total declared value · Most recent: Jun 2024 (addition)

AdditionJun 2024Closed

$7K

John Kruger

ExistresMar 2020Closed

MESPO HEATING AND COOLING INC

ResJan 2019Closed

CenterPoint Energy Resource Corp

ResNov 2018Closed

Urban Pine Plumbing and Mechanical 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 width32 ft

Buildable depth126 ft

Area~4,028 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 4,028 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
711 5TH ST N E MINNEAPOLIS MN 55413	SHERRI M JULKOWSKI	RESIDENTIAL	$414,900	44 ft
703 5TH ST N E MINNEAPOLIS MN 55413	WALTER FEDORCZUK ET AL	RESIDENTIAL	$417,000	67 ft
509 7TH AVE N E MINNEAPOLIS MN 55413	ARSENIO J THUNSTROM	RESIDENTIAL-TWO UNIT	$506,400	69 ft
715 5TH ST N E MINNEAPOLIS MN 55413	SALIM MAKHOUL & BETH MAKHOUL	RESIDENTIAL	$360,900	86 ft
719 5TH ST N E MINNEAPOLIS MN 55413	S M & A M PATRICK	RESIDENTIAL	$422,600	126 ft
708 6TH ST N E MINNEAPOLIS MN 55413	JORY INVESTMENTS LLC	RESIDENTIAL-TWO UNIT	$500,200	166 ft
525 7TH AVE N E MINNEAPOLIS MN 55413	LANA M IWASKEWYCZ	RESIDENTIAL-TWO UNIT	$615,900	171 ft
712 6TH ST N E MINNEAPOLIS MN 55413	PHILIP HANSON	RESIDENTIAL-TWO UNIT	$327,300	172 ft
716 6TH ST N E MINNEAPOLIS MN 55413	M D PICKETT-LEONARD ET AL	RESIDENTIAL	$442,700	189 ft
641 5TH ST N E MINNEAPOLIS MN 55413	LUCY IBURG & CLAIR IBURG	RESIDENTIAL	$278,400	190 ft

Property History

Most Recent Sale

Date202204

Price$524,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,933