720 JEFFERSON ST N E MINNEAPOLIS MN 55413

PID: 1402924420124

Property Overview

Parcel ID1402924420124

Lot Size5,186 sq ft (0.119 ac)

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

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerKAILASH BRODEUR

Assessed Value$386,200

Land Value$130,000

Building Value$256,200

Annual Tax$7,335

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $17K total declared value · Most recent: Nov 2025 (misc)

MiscNov 2025Closed

$6K

A PANE IN THE GLASS CONSTRUCTION LLC

MiscAug 2021Closed

$11K

PELLA NORTHLAND

ExistresDec 2017Closed

Airic's Heating & Air Conditioning Inc

ExistresOct 2017Closed

RIVER CITY SHEET METAL 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
718 JEFFERSON ST N E MINNEAPOLIS MN 55413	C M IVERSON & S IVERSON	RESIDENTIAL	$326,800	40 ft
726 JEFFERSON ST N E MINNEAPOLIS MN 55413	J T ARIAS & B V ARIAS	RESIDENTIAL-TWO UNIT	$483,800	43 ft
730 JEFFERSON ST N E MINNEAPOLIS MN 55413	JENNIFER K DOBBS	RESIDENTIAL-TWO UNIT	$426,400	83 ft
716 JEFFERSON ST N E MINNEAPOLIS MN 55413	T M & D M DAUN	RESIDENTIAL	$450,900	90 ft
734 JEFFERSON ST N E MINNEAPOLIS MN 55413	J C LABARRE JR & W F RUSSELL	RESIDENTIAL-TWO UNIT	$469,900	120 ft
721 ADAMS ST N E MINNEAPOLIS MN 55413	B PHILLIPS & J A HOLT	RESIDENTIAL-TWO UNIT	$448,000	140 ft
717 ADAMS ST N E MINNEAPOLIS MN 55413	W & M SHARP	RESIDENTIAL	$222,000	145 ft
729 ADAMS ST N E MINNEAPOLIS MN 55413	OUTREACH SIX ACRES INC	APARTMENT	$378,000	156 ft
738 JEFFERSON ST N E MINNEAPOLIS MN 55413	GLORIA Y VIRATYOSIN LIV TR	RESIDENTIAL	$267,000	160 ft
715 ADAMS ST N E MINNEAPOLIS MN 55413	M RORKE & C RORKE	RESIDENTIAL	$310,600	161 ft

Property History

Most Recent Sale

Date202105

Price$350,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,335