650 QUINCY ST N E MINNEAPOLIS MN 55413

PID: 1402924410148

Property Overview

Parcel ID1402924410148

Lot Size7,778 sq ft (0.179 ac)

Lot Dimensions (est.)129 ft wide × 60 ft deep

Year Built1924

Property ClassAPARTMENT

OwnerD C & C L CHANDLER

Assessed Value$552,000

Land Value$93,200

Building Value$458,800

Annual Tax$10,483

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 ↗

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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 width50 ft

Buildable depth90 ft

Area~4,480 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 4,480 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
646 QUINCY ST N E MINNEAPOLIS MN 55413	MICHELLE MILLER	RESIDENTIAL-TWO UNIT	$386,300	50 ft
656 QUINCY ST N E MINNEAPOLIS MN 55413	MICHAEL SWIERCZEK	TRIPLEX	$582,600	60 ft
642 QUINCY ST N E MINNEAPOLIS MN 55413	M SIMON-HOLT & P R HOLT	RESIDENTIAL	$303,600	90 ft
710 SUMMER ST N E MINNEAPOLIS MN 55413	710 SUMMER LLC	RESIDENTIAL-TWO UNIT	$350,900	111 ft
636 QUINCY ST N E MINNEAPOLIS MN 55413	DARIUSZ/SACHA M FLORIANCZYK	RESIDENTIAL	$264,700	130 ft
651 MONROE ST N E MINNEAPOLIS MN 55413	CALVIN D THIGPEN	RESIDENTIAL	$311,100	140 ft
647 MONROE ST N E MINNEAPOLIS MN 55413	VICTORIA MERCER	RESIDENTIAL-TWO UNIT	$405,200	148 ft
643 MONROE ST N E MINNEAPOLIS MN 55413	JOSEPH PALMER	RESIDENTIAL	$295,500	166 ft
632 QUINCY ST N E MINNEAPOLIS MN 55413	LUKE ANDREW SLOAN	RESIDENTIAL-TWO UNIT	$429,200	171 ft
659 MONROE ST N E MINNEAPOLIS MN 55413	LAUREL A MALARK	TRIPLEX	$367,400	172 ft

Property History

Most Recent Sale

Date199604

Price$122,740

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,483