321 5TH AVE N E MINNEAPOLIS MN 55413

PID: 1402924340034

Property Overview

Parcel ID1402924340034

Lot Size7,378 sq ft (0.169 ac)

Lot Dimensions (est.)128 ft wide × 57 ft deep

Year Built1982

Property ClassRESIDENTIAL

OwnerST MICHAELS ORTH CH

Assessed Value$483,000

Land Value$168,000

Building Value$315,000

Annual Tax$7,655

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 rent1,674/mo

Renter-occupied50.5%

Median home value$467K

Vacancy rate12.7%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1036

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 width115 ft

Buildable depth17 ft

Area~2,608 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 2,608 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
317 5TH AVE N E MINNEAPOLIS MN 55413	SHIVA PROPERTIES LLC	RESIDENTIAL-TWO UNIT	$404,400	83 ft
440 4TH ST N E MINNEAPOLIS MN 55413	JENNIFER K LOOMIS REV TRUST	LOW INCOME RENTAL	$459,400	121 ft
316 5TH AVE N E MINNEAPOLIS MN 55413	JENNIFER K LOOMIS REV TRUST	RESIDENTIAL-TWO UNIT	$533,300	154 ft
314 6TH AVE N E MINNEAPOLIS MN 55413	CHURCH OF ST CONSTANTINE	RESIDENTIAL	$0	169 ft
518 4TH ST N E MINNEAPOLIS MN 55413	518 LLC	APARTMENT	$708,000	178 ft
318 6TH AVE N E MINNEAPOLIS MN 55413	318 LLC	APARTMENT	$578,000	180 ft
438 4TH ST N E MINNEAPOLIS MN 55413	JENNIFER L BONG	RESIDENTIAL-TWO UNIT	$541,200	180 ft
316 6TH AVE N E MINNEAPOLIS MN 55413	K KUZMIN & V P MERTENS	RESIDENTIAL	$147,000	200 ft
310 5TH AVE N E MINNEAPOLIS MN 55413	N BLANKENSHIP ET AL	APARTMENT	$481,000	205 ft
434 4TH ST N E MINNEAPOLIS MN 55413	R J OKAGAKI & S E MILLER	RESIDENTIAL	$383,900	215 ft

Property History

Current Tax Year

Year2026

Tax Due$7,655