800 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310106

Property Overview

Parcel ID1402924310106

Lot Size11,022 sq ft (0.253 ac)

Lot Dimensions (est.)178 ft wide × 62 ft deep

Year Built1922

Property ClassAPARTMENT

OwnerA KREMER & C KREMER TRUSTEES

Assessed Value$678,000

Land Value$381,200

Building Value$296,800

Annual Tax$12,876

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width165 ft

Buildable depth22 ft

Area~6,727 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 6,727 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
806 4TH ST N E MINNEAPOLIS MN 55413	GERALD WILLI BOSCH	APARTMENT	$854,000	66 ft
315 8TH AVE N E MINNEAPOLIS MN 55413	N J HENTGES & M M HUNTSINGER	RESIDENTIAL	$338,700	112 ft
816 4TH ST N E MINNEAPOLIS MN 55413	CHRISTOPHER M FLAHAVAN	RESIDENTIAL-TWO UNIT	$508,600	133 ft
326 8TH AVE N E MINNEAPOLIS MN 55413	PATRICK A HUMPHREYS	RESIDENTIAL	$244,000	143 ft
330 8TH AVE N E MINNEAPOLIS MN 55413	JACOB MANSKE	RESIDENTIAL	$372,600	153 ft
322 8TH AVE N E MINNEAPOLIS MN 55413	S SALMERON & L SALMERON	RESIDENTIAL-TWO UNIT	$338,200	161 ft
318 8TH AVE N E MINNEAPOLIS MN 55413	A J HALBERSMA/M J HALBERSMA	RESIDENTIAL	$335,100	170 ft
801 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	MATTHEW T VANDERPOOL	RESIDENTIAL-TWO UNIT	$387,800	191 ft
807 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	SHANE SETZER	RESIDENTIAL-TWO UNIT	$435,100	193 ft
822 4TH ST N E MINNEAPOLIS MN 55413	J A BUELOW & A O GUTIERREZ	RESIDENTIAL-TWO UNIT	$521,400	199 ft

Property History

Current Tax Year

Year2026

Tax Due$12,876