82 7TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924330036

Property Overview

Parcel ID1402924330036

Lot Size6,608 sq ft (0.152 ac)

Lot Dimensions (est.)102 ft wide × 65 ft deep

Year Built1975

Property ClassRESIDENTIAL

OwnerSUSAN L MCCLAIN

Assessed Value$447,700

Land Value$270,000

Building Value$177,700

Annual Tax$7,142

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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 width50 ft

Buildable depth70 ft

Area~3,505 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 3,505 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
76 7TH AVE N E MINNEAPOLIS MN 55413	FRANK LIVING TRUST	RESIDENTIAL	$445,000	60 ft
88 7TH AVE N E MINNEAPOLIS MN 55413	RHONDA M JENNEN	RESIDENTIAL	$449,700	60 ft
83 RAMSEY CIR MINNEAPOLIS MN 55413	K GEISEN & L C GEISEN	RESIDENTIAL	$563,200	110 ft
635 RAMSEY ST N E MINNEAPOLIS MN 55413	C STEPHENSON & S BROWER	RESIDENTIAL	$471,900	120 ft
89 RAMSEY CIR MINNEAPOLIS MN 55413	C HASBROUCK & M HASBROUCK	RESIDENTIAL	$514,000	124 ft
77 RAMSEY CIR MINNEAPOLIS MN 55413	ANTONY HARK	RESIDENTIAL	$607,100	125 ft
94 7TH AVE N E MINNEAPOLIS MN 55413	X T & D Q NGUYEN	RESIDENTIAL	$475,000	132 ft
625 RAMSEY ST N E MINNEAPOLIS MN 55413	D F WILKE & F M WILKE	RESIDENTIAL	$590,500	163 ft
95 RAMSEY CIR MINNEAPOLIS MN 55413	DAWN K STERNAL	RESIDENTIAL	$479,000	164 ft
83 7TH AVE N E MINNEAPOLIS MN 55413	JULIE L SHELSTAD	RESIDENTIAL	$503,000	189 ft

Property History

Most Recent Sale

Date199507

Price$120,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,142