624 4TH ST N E MINNEAPOLIS MN 55413

PID: 1402924310159

Property Overview

Parcel ID1402924310159

Lot Size8,638 sq ft (0.198 ac)

Lot Dimensions (est.)172 ft wide × 50 ft deep

Year Built1905

Property ClassRESIDENTIAL-TWO UNIT

OwnerNANCY J TENNESSEN

Assessed Value$566,500

Land Value$178,000

Building Value$388,500

Annual Tax$9,003

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · Most recent: Mar 2025 (existres)

ExistresMar 2025Inspection

Central Heating & Cooling LLC

ResFeb 2025Closed

Norblom Plumbing Co

ResDec 2024Closed

Norblom Plumbing Co

ResMar 2017Closed

CENTERPOINT ENERGY

ResMar 2017Closed

CENTERPOINT ENERGY

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 width42 ft

Buildable depth126 ft

Area~5,296 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 5,296 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
620 4TH ST N E MINNEAPOLIS MN 55413	DANIEL ROBERT BRADY	RESIDENTIAL-TWO UNIT	$490,000	46 ft
628 4TH ST N E MINNEAPOLIS MN 55413	CHESTER SMOLESKI	RESIDENTIAL-TWO UNIT	$400,200	46 ft
630 4TH ST N E MINNEAPOLIS MN 55413	E L STERN & E D HOLMES	RESIDENTIAL	$313,200	92 ft
614 4TH ST N E MINNEAPOLIS MN 55413	M J BIANCHI & M M BIANCHI	RESIDENTIAL-TWO UNIT	$482,900	99 ft
634 4TH ST N E MINNEAPOLIS MN 55413	M M CROWLEY/O J WEST	RESIDENTIAL	$376,900	130 ft
318 7TH AVE N E MINNEAPOLIS MN 55413	SAMUEL LOCKE/MALLORY HOLMEN	TRIPLEX	$416,700	137 ft
314 7TH AVE N E MINNEAPOLIS MN 55413	STACY M SCHMIDT	RESIDENTIAL	$356,700	153 ft
610 4TH ST N E MINNEAPOLIS MN 55413	ANNA K MARGL REVOCABLE TRUST	RESIDENTIAL-TWO UNIT	$539,400	165 ft
623 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	NICK BOERUM/ALLISON M BOERUM	RESIDENTIAL-TWO UNIT	$424,800	166 ft
619 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	2100 GRAND AVE S LLC	RESIDENTIAL-TWO UNIT	$378,000	171 ft

Property History

Most Recent Sale

Date199410

Price$109,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$9,003