633 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310148

Property Overview

Parcel ID1402924310148

Lot Size5,201 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerROMAN P SMULKA ET AL

Assessed Value$414,100

Land Value$146,000

Building Value$268,100

Annual Tax$6,280

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

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 depth84 ft

Area~2,682 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 2,682 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
635 4TH ST N E MINNEAPOLIS MN 55413	WASYL MYKULAK ETAL	RESIDENTIAL-TWO UNIT	$445,000	43 ft
627 4TH ST N E MINNEAPOLIS MN 55413	COLE GRANSTROM	APARTMENT	$558,000	58 ft
641 4TH ST N E MINNEAPOLIS MN 55413	B MALONE& S MALONE	RESIDENTIAL-TWO UNIT	$441,700	87 ft
414 7TH AVE N E MINNEAPOLIS MN 55413	MERCEDITA DE LEON WALSH	RESIDENTIAL	$512,000	92 ft
619 4TH ST N E MINNEAPOLIS MN 55413	619 4TH STREET NE LLC ET AL	APARTMENT	$662,000	122 ft
416 7TH AVE N E MINNEAPOLIS MN 55413	416-418 7TH AVE NE LLC	RESIDENTIAL-TWO UNIT	$658,800	132 ft
420 7TH AVE N E MINNEAPOLIS MN 55413	LEE O SCHATSCHNEIDER ET AL	RESIDENTIAL-TWO UNIT	$562,500	170 ft
617 4TH ST N E MINNEAPOLIS MN 55413	JEFFREY SONDAG & RAINA URTON	RESIDENTIAL-TWO UNIT	$509,200	185 ft
630 4TH ST N E MINNEAPOLIS MN 55413	E L STERN & E D HOLMES	RESIDENTIAL	$313,200	192 ft
634 4TH ST N E MINNEAPOLIS MN 55413	M M CROWLEY/O J WEST	RESIDENTIAL	$376,900	195 ft

Property History

Current Tax Year

Year2026

Tax Due$6,280