813 2ND ST N E MINNEAPOLIS MN 55413

PID: 1402924320028

Property Overview

Parcel ID1402924320028

Lot Size8,381 sq ft (0.192 ac)

Lot Dimensions (est.)165 ft wide × 51 ft deep

Year Built1969

Property ClassRESIDENTIAL-TWO UNIT

OwnerMARY WONG

Assessed Value$489,200

Land Value$168,000

Building Value$321,200

Annual Tax$7,538

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width44 ft

Buildable depth115 ft

Area~5,078 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 3-story wood frame (5–12 units) benchmarks for 5,078 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
817 2ND ST N E MINNEAPOLIS MN 55413	M R CHADWICK & S J CHADWICK	RESIDENTIAL	$370,700	53 ft
809 2ND ST N E MINNEAPOLIS MN 55413	JUDY L YARWOOD	RESIDENTIAL	$371,200	53 ft
823 2ND ST N E MINNEAPOLIS MN 55413	CLIFFORD MARK JOHNSON	RESIDENTIAL	$358,300	106 ft
801 2ND ST N E MINNEAPOLIS MN 55413	M A ALVARADO & M E ALVARADO	RESIDENTIAL-TWO UNIT	$420,300	116 ft
211 8TH AVE N E MINNEAPOLIS MN 55413	MARTHA R TRUAX	RESIDENTIAL	$269,000	125 ft
219 8TH AVE N E MINNEAPOLIS MN 55413	STEPHEN J & MARY J HOFFMAN	APARTMENT	$579,000	145 ft
827 2ND ST N E MINNEAPOLIS MN 55413	T M GABEL/J A GABEL	RESIDENTIAL	$385,100	159 ft
814 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	FERAS R HAMMOURI	RESIDENTIAL-TWO UNIT	$441,300	175 ft
818 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	818 UNIVERSITY LLC	RESIDENTIAL	$347,700	188 ft
225 8TH AVE N E MINNEAPOLIS MN 55413	PHILIP AMUNDSON	RESIDENTIAL-TWO UNIT	$418,300	191 ft

Property History

Current Tax Year

Year2026

Tax Due$7,538