326 8TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924310094

Property Overview

Parcel ID1402924310094

Lot Size3,249 sq ft (0.075 ac)

Lot Dimensions (est.)71 ft wide × 46 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerPATRICK A HUMPHREYS

Assessed Value$244,000

Land Value$107,000

Building Value$137,000

Annual Tax$3,432

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

2 permits on record since 2018 · Most recent: Sep 2018 (res)

ResSep 2018Expired

Warners Stellian Co Inc

ResFeb 2018Closed

Norblom Plumbing Co

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 depth43 ft

Area~1,252 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 1,252 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
330 8TH AVE N E MINNEAPOLIS MN 55413	JACOB MANSKE	RESIDENTIAL	$372,600	40 ft
322 8TH AVE N E MINNEAPOLIS MN 55413	S SALMERON & L SALMERON	RESIDENTIAL-TWO UNIT	$338,200	44 ft
718 4TH ST N E MINNEAPOLIS MN 55413	DIANE MARIAN SODERBERG	RESIDENTIAL	$311,100	64 ft
318 8TH AVE N E MINNEAPOLIS MN 55413	A J HALBERSMA/M J HALBERSMA	RESIDENTIAL	$335,100	82 ft
716 4TH ST N E MINNEAPOLIS MN 55413	KRISTIN WEMM/SKYLER GIBSON	RESIDENTIAL-TWO UNIT	$542,400	101 ft
714 4TH ST N E MINNEAPOLIS MN 55413	BRUCE J SMITH	RESIDENTIAL-TWO UNIT	$471,100	140 ft
800 4TH ST N E MINNEAPOLIS MN 55413	A KREMER & C KREMER TRUSTEES	APARTMENT	$678,000	143 ft
400 8TH AVE N E MINNEAPOLIS MN 55413	MEGAN SETTERLUND	CONDOMINIUM	$174,000	166 ft
400 8TH AVE N E MINNEAPOLIS MN 55413	JACQUELINE JOHNSON	CONDOMINIUM	$174,000	166 ft
400 8TH AVE N E MINNEAPOLIS MN 55413	MICHELLE LYNN BOHACEK	CONDOMINIUM	$164,000	166 ft

Property History

Most Recent Sale

Date199908

Price$85,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,432