110 7TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924330089

Property Overview

Parcel ID1402924330089

Lot Size10,916 sq ft (0.251 ac)

Lot Dimensions (est.)177 ft wide × 62 ft deep

Year Built1975

Property ClassRESIDENTIAL

OwnerRALPH DENNIS KRASKY TRUST

Assessed Value$576,200

Land Value$285,000

Building Value$291,200

Annual Tax$9,188

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

2 permits on record since 2017 · $3K total declared value · Most recent: Nov 2020 (misc)

MiscNov 2020Closed

$1K

WINDOW CONCEPTS OF MINNESOTA INC

MiscAug 2017Closed

$2K

HOME IMPROVEMENT SHOP INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 width164 ft

Buildable depth22 ft

Area~3,969 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 3,969 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
635 MARSHALL ST N E MINNEAPOLIS MN 55413	A HOFSTEDE-SERAKOS/M PECCHIA	RESIDENTIAL	$492,300	66 ft
701 MARSHALL ST N E MINNEAPOLIS MN 55413	TUTTLE INC	LAND-COMMERCIAL	$465,600	132 ft
629 MARSHALL ST N E MINNEAPOLIS MN 55413	JOHN W GONDRING	RESIDENTIAL	$465,000	132 ft
638 MAIN ST N E MINNEAPOLIS MN 55413	M E TOENJES & M M TOENJES	RESIDENTIAL	$625,000	165 ft
634 MAIN ST N E MINNEAPOLIS MN 55413	TAM LE & BRIANNA LE	RESIDENTIAL	$729,500	178 ft
117 7TH AVE N E MINNEAPOLIS MN 55413	RENEE Y BERGERON	RESIDENTIAL	$230,000	180 ft
623 MARSHALL ST N E MINNEAPOLIS MN 55413	NORTHEASTEQUITY LLC	RESIDENTIAL	$461,600	198 ft
707 MARSHALL ST N E MINNEAPOLIS MN 55413	TUTTLE INC	LAND-COMMERCIAL	$465,500	199 ft
94 7TH AVE N E MINNEAPOLIS MN 55413	X T & D Q NGUYEN	RESIDENTIAL	$475,000	204 ft
628 MAIN ST N E MINNEAPOLIS MN 55413	PAUL & KATIE JACOB	RESIDENTIAL	$688,900	211 ft

Property History

Current Tax Year

Year2026

Tax Due$9,188