625 JEFFERSON ST N E MINNEAPOLIS MN 55413

PID: 1402924420080

Property Overview

Parcel ID1402924420080

Lot Size5,186 sq ft (0.119 ac)

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

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerJ OLAWSKY & S W OLAWSKY

Assessed Value$430,000

Land Value$130,000

Building Value$300,000

Annual Tax$8,044

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Permit History

2 permits on record since 2023 · $22K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$22K

Mayday Restoration

ExistresApr 2023Closed

Standard Heating and Air Conditioning Inc

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
629 JEFFERSON ST N E MINNEAPOLIS MN 55413	R J BELL & K L GUMPERTZ	RESIDENTIAL-TWO UNIT	$411,000	40 ft
621 JEFFERSON ST N E MINNEAPOLIS MN 55413	JEFFREY J SKOMRA	RESIDENTIAL	$312,700	40 ft
617 JEFFERSON ST N E MINNEAPOLIS MN 55413	DON C WILLIAMS	RESIDENTIAL-TWO UNIT	$409,400	80 ft
635 JEFFERSON ST N E MINNEAPOLIS MN 55413	AMY K COLEHOUR	RESIDENTIAL-TWO UNIT	$464,700	80 ft
613 JEFFERSON ST N E MINNEAPOLIS MN 55413	REBECCA PULVER	RESIDENTIAL-TWO UNIT	$392,600	120 ft
637 JEFFERSON ST N E MINNEAPOLIS MN 55413	JOHN CAPPOLA	RESIDENTIAL	$499,100	120 ft
624 MADISON ST N E MINNEAPOLIS MN 55413	EVIE & LARRY S JONES	RESIDENTIAL-TWO UNIT	$518,700	140 ft
620 MADISON ST N E MINNEAPOLIS MN 55413	C GARMAN & J GARMAN	RESIDENTIAL	$363,500	145 ft
634 MADISON ST N E MINNEAPOLIS MN 55413	CLINT NORDEAST LLC	RESIDENTIAL-TWO UNIT	$479,700	156 ft
641 JEFFERSON ST N E MINNEAPOLIS MN 55413	CASEY KING STRONG	RESIDENTIAL	$378,000	160 ft

Property History

Most Recent Sale

Date202205

Price$500,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,044