743 MADISON ST N E MINNEAPOLIS MN 55413

PID: 1402924420019

Property Overview

Parcel ID1402924420019

Lot Size5,186 sq ft (0.119 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerR NIETO/C W G NIETO JT TRUST

Assessed Value$376,800

Land Value$130,000

Building Value$246,800

Annual Tax$5,656

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2020 · $5K total declared value · Most recent: Sep 2023 (res)

ResSep 2023Closed

CenterPoint Energy Resource Corp

MiscOct 2020Closed

$5K

PURPOSE DRIVEN RESTORATION

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

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
747 MADISON ST N E MINNEAPOLIS MN 55413	A R KREMER/C N KREMER TRSTEE	RESIDENTIAL-TWO UNIT	$386,000	40 ft
739 MADISON ST N E MINNEAPOLIS MN 55413	R HATCH SURISOOK ET AL TRS	RESIDENTIAL	$341,100	40 ft
735 MADISON ST N E MINNEAPOLIS MN 55413	KEVIN OPATZ & RACHEL ELLIOTT	RESIDENTIAL-TWO UNIT	$440,800	80 ft
731 MADISON ST N E MINNEAPOLIS MN 55413	R O SIGGELKOW/M A SIGGELKOW	RESIDENTIAL-TWO UNIT	$455,700	120 ft
680 BROADWAY ST N E MINNEAPOLIS MN 55413	CAROL J SCHEID	RESIDENTIAL	$333,300	123 ft
686 BROADWAY ST N E MINNEAPOLIS MN 55413	JEREMY REICHENBERGER	RESIDENTIAL	$303,000	126 ft
742 MONROE ST N E MINNEAPOLIS MN 55413	S M KINCH & T L DOYLE	RESIDENTIAL	$313,500	139 ft
746 MONROE ST N E MINNEAPOLIS MN 55413	DEODAT BASDEO	RESIDENTIAL	$284,200	145 ft
738 MONROE ST N E MINNEAPOLIS MN 55413	DENNIS E MACK/JUDITH A MACK	RESIDENTIAL	$324,900	145 ft
727 MADISON ST N E MINNEAPOLIS MN 55413	LEO MEYER	RESIDENTIAL-TWO UNIT	$569,900	160 ft

Property History

Most Recent Sale

Date200708

Price$210,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,656