400 8TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924310181

Property Overview

Parcel ID1402924310181

Lot Size6,737 sq ft (0.155 ac)

Lot Dimensions (est.)104 ft wide × 65 ft deep

Year Built1900

Property ClassCONDOMINIUM

OwnerMICHELLE LYNN BOHACEK

Assessed Value$164,000

Land Value$47,000

Building Value$117,000

Annual Tax$2,539

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 width91 ft

Buildable depth25 ft

Area~3,504 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 3,504 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
400 8TH AVE N E MINNEAPOLIS MN 55413	MEGAN SETTERLUND	CONDOMINIUM	$174,000	0 ft
400 8TH AVE N E MINNEAPOLIS MN 55413	JACQUELINE JOHNSON	CONDOMINIUM	$174,000	0 ft
400 8TH AVE N E MINNEAPOLIS MN 55413	MARY CASSIDY HOLMERS	CONDOMINIUM	$176,000	0 ft
MN	Unknown	—	—	0 ft
406 8TH AVE N E MINNEAPOLIS MN 55413	KATHERINE ANNE SLIFER	RESIDENTIAL	$281,000	45 ft
408 8TH AVE N E MINNEAPOLIS MN 55413	JOHN P/MARTINE FORTE STICHA	RESIDENTIAL-TWO UNIT	$458,200	86 ft
717 4TH ST N E MINNEAPOLIS MN 55413	S J HOFFMAN & M J HOFFMAN	RESIDENTIAL-TWO UNIT	$387,500	102 ft
410 8TH AVE N E MINNEAPOLIS MN 55413	DANIEL TERSTEEG	RESIDENTIAL	$279,000	125 ft
330 8TH AVE N E MINNEAPOLIS MN 55413	JACOB MANSKE	RESIDENTIAL	$372,600	128 ft
713 4TH ST N E MINNEAPOLIS MN 55413	JUDITH M MARGET	RESIDENTIAL-TWO UNIT	$425,100	131 ft

Property History

Most Recent Sale

Date201912

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,539