702 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310089

Property Overview

Parcel ID1402924310089

Lot Size10,635 sq ft (0.244 ac)

Lot Dimensions (est.)172 ft wide × 62 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerDARRELL GERMAIN BROWN JR

Assessed Value$504,000

Land Value$196,000

Building Value$308,000

Annual Tax$7,795

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 width159 ft

Buildable depth22 ft

Area~6,411 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 6,411 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
710 4TH ST N E MINNEAPOLIS MN 55413	J P STICHA & M F STICHA	RESIDENTIAL-TWO UNIT	$500,700	67 ft
714 4TH ST N E MINNEAPOLIS MN 55413	BRUCE J SMITH	RESIDENTIAL-TWO UNIT	$471,100	120 ft
313 7TH AVE N E MINNEAPOLIS MN 55413	VENABLE PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$396,300	121 ft
640 4TH ST N E MINNEAPOLIS MN 55413	CHARLES TORBORG ETAL	RESIDENTIAL	$405,000	129 ft
716 4TH ST N E MINNEAPOLIS MN 55413	KRISTIN WEMM/SKYLER GIBSON	RESIDENTIAL-TWO UNIT	$542,400	160 ft
318 7TH AVE N E MINNEAPOLIS MN 55413	SAMUEL LOCKE/MALLORY HOLMEN	TRIPLEX	$416,700	171 ft
634 4TH ST N E MINNEAPOLIS MN 55413	M M CROWLEY/O J WEST	RESIDENTIAL	$376,900	174 ft
711 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	A OIEN/M THRASHER/T WOODWARD	RESIDENTIAL-TWO UNIT	$414,400	185 ft
314 7TH AVE N E MINNEAPOLIS MN 55413	STACY M SCHMIDT	RESIDENTIAL	$356,700	185 ft
701 4TH ST N E MINNEAPOLIS MN 55413	PATRICIA J STEWART	RESIDENTIAL	$623,000	197 ft

Property History

Most Recent Sale

Date202207

Price$400,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,795