703 5TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310034

Property Overview

Parcel ID1402924310034

Lot Size5,741 sq ft (0.132 ac)

Lot Dimensions (est.)106 ft wide × 54 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerWALTER FEDORCZUK ET AL

Assessed Value$417,000

Land Value$151,000

Building Value$266,000

Annual Tax$5,903

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

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

Front Street

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

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width93 ft

Buildable depth14 ft

Area~2,462 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 2,462 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
707 5TH ST N E MINNEAPOLIS MN 55413	JOHN KRUGER & GREG KRUGER	RESIDENTIAL-TWO UNIT	$453,100	67 ft
509 7TH AVE N E MINNEAPOLIS MN 55413	ARSENIO J THUNSTROM	RESIDENTIAL-TWO UNIT	$506,400	83 ft
711 5TH ST N E MINNEAPOLIS MN 55413	SHERRI M JULKOWSKI	RESIDENTIAL	$414,900	106 ft
641 5TH ST N E MINNEAPOLIS MN 55413	LUCY IBURG & CLAIR IBURG	RESIDENTIAL	$278,400	133 ft
700 5TH ST N E MINNEAPOLIS MN 55413	TINA DOSKEY	RESIDENTIAL	$254,000	144 ft
715 5TH ST N E MINNEAPOLIS MN 55413	SALIM MAKHOUL & BETH MAKHOUL	RESIDENTIAL	$360,900	146 ft
719 5TH ST N E MINNEAPOLIS MN 55413	S M & A M PATRICK	RESIDENTIAL	$422,600	185 ft
514 7TH AVE N E MINNEAPOLIS MN 55413	DONNA LOU GARSKI	RESIDENTIAL-TWO UNIT	$483,900	185 ft
421 7TH AVE N E MINNEAPOLIS MN 55413	JASON JOHNSON	RESIDENTIAL-TWO UNIT	$289,900	187 ft
708 5TH ST N E MINNEAPOLIS MN 55413	T F HEINECKE & O HEINECKE	RESIDENTIAL	$398,600	194 ft

Property History

Current Tax Year

Year2026

Tax Due$5,903