705 VAN BUREN ST N E MINNEAPOLIS MN 55413

PID: 1402924410020

Property Overview

Parcel ID1402924410020

Lot Size5,185 sq ft (0.119 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1974

Property ClassRESIDENTIAL

OwnerC O'NEILL & C FREDERICK

Assessed Value$315,500

Land Value$130,000

Building Value$185,500

Annual Tax$4,629

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 East · Minneapolis

Median reported rent1,213/mo

Renter-occupied58.9%

Median home value$337K

Vacancy rate3.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1031

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 width30 ft

Buildable depth90 ft

Area~2,688 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 2,688 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
711 VAN BUREN ST N E MINNEAPOLIS MN 55413	F C WALOSIN & L C WALOSIN	RESIDENTIAL	$341,000	40 ft
901 SUMMER ST N E MINNEAPOLIS MN 55413	B K FOLEY LAND/DEVELOP INC	RESIDENTIAL	$366,900	40 ft
715 VAN BUREN ST N E MINNEAPOLIS MN 55413	DANIEL STOVER	RESIDENTIAL	$290,000	80 ft
719 VAN BUREN ST N E MINNEAPOLIS MN 55413	KAREN SPITZFADEN	RESIDENTIAL	$476,000	120 ft
659 VAN BUREN ST N E MINNEAPOLIS MN 55413	MATTHEW JORDAHL	RESIDENTIAL	$375,200	140 ft
723 VAN BUREN ST N E MINNEAPOLIS MN 55413	SHIVA PROPERTIES LLC	RESIDENTIAL	$318,000	160 ft
655 VAN BUREN ST N E MINNEAPOLIS MN 55413	NEIL F SCOTT/SORAYA H SCOTT	RESIDENTIAL-TWO UNIT	$384,500	180 ft
843 SUMMER ST N E MINNEAPOLIS MN 55413	SUMMER STREET LLC	APARTMENT	$941,000	190 ft
708 VAN BUREN ST N E MINNEAPOLIS MN 55413	ALYSSA C COSTOPOULOS	RESIDENTIAL	$400,500	193 ft
714 VAN BUREN ST N E MINNEAPOLIS MN 55413	A H KRUEGER ETAL	RESIDENTIAL	$317,000	205 ft

Property History

Most Recent Sale

Date202508

Price$360,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,629