663 SPRING ST N E MINNEAPOLIS MN 55413

PID: 1402924420086

Property Overview

Parcel ID1402924420086

Lot Size5,186 sq ft (0.119 ac)

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

Year Built1970

Property ClassRESIDENTIAL

OwnerNICHOLAS BABINEAU

Assessed Value$339,100

Land Value$126,000

Building Value$213,100

Annual Tax$5,025

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2020 · Most recent: Mar 2020 (existres)

ExistresMar 2020Closed

Standard Heating and Air Conditioning Inc

ResMar 2020Closed

Norblom Plumbing Co

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

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 width116 ft

Buildable depth0 ft

Area~8 sqft

Lot dimensions are insufficient for the standard setbacks shown.

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 8 sqft buildable area.

Est. units

Yield on cost

7.9%

Spread

+2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
607 JEFFERSON ST N E MINNEAPOLIS MN 55413	YEN NGUYEN & JAKE MATTHEWS	RESIDENTIAL	$354,500	40 ft
609 JEFFERSON ST N E MINNEAPOLIS MN 55413	COLLEEN MCKEE-ESPINOSA	RESIDENTIAL	$339,400	80 ft
671 SPRING ST N E MINNEAPOLIS MN 55413	CATHERINE CAMPION	LOW INCOME RENTAL	$287,200	91 ft
613 JEFFERSON ST N E MINNEAPOLIS MN 55413	REBECCA PULVER	RESIDENTIAL-TWO UNIT	$392,600	120 ft
673 SPRING ST N E MINNEAPOLIS MN 55413	EHB R/E INVESTING LLC	RESIDENTIAL	$175,000	128 ft
617 JEFFERSON ST N E MINNEAPOLIS MN 55413	DON C WILLIAMS	RESIDENTIAL-TWO UNIT	$409,400	160 ft
610 MADISON ST N E MINNEAPOLIS MN 55413	AARON SHEKEY	RESIDENTIAL	$292,700	161 ft
604 JEFFERSON ST N E MINNEAPOLIS MN 55413	MATTHEW E LINDQUIST	APARTMENT	$576,000	166 ft
676 SPRING ST N E MINNEAPOLIS MN 55413	AARON SHEKEY	RESIDENTIAL	$382,700	171 ft
600 MADISON ST N E MINNEAPOLIS MN 55413	AARON SHEKEY	RESIDENTIAL	$255,700	178 ft

Property History

Most Recent Sale

Date201808

Price$287,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,025