650 ADAMS ST N E MINNEAPOLIS MN 55413

PID: 1402924420172

Property Overview

Parcel ID1402924420172

Lot Size5,185 sq ft (0.119 ac)

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

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerBENJAMIN W GARTON

Assessed Value$327,500

Land Value$130,000

Building Value$197,500

Annual Tax$4,830

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $18K total declared value · Most recent: Sep 2022 (misc)

MiscSep 2022Closed

$18K

Minnesota Roofing Company

ResMay 2022Closed

AT Plumbing Heating and Air

ResMar 2021Closed

J GADTKE PLUMBING 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
652 ADAMS ST N E MINNEAPOLIS MN 55413	B W KOEHN & R J KEYES	RESIDENTIAL-TWO UNIT	$427,700	40 ft
646 ADAMS ST N E MINNEAPOLIS MN 55413	ANDREW J NORDQUIST	RESIDENTIAL-TWO UNIT	$440,000	40 ft
636 SUMMER ST N E MINNEAPOLIS MN 55413	PAWEL WROBLEWSKI	RESIDENTIAL	$341,100	80 ft
642 ADAMS ST N E MINNEAPOLIS MN 55413	NAZAR HUTSAL	RESIDENTIAL-TWO UNIT	$429,600	80 ft
638 ADAMS ST N E MINNEAPOLIS MN 55413	ANDREW J NORDQUIST	RESIDENTIAL-TWO UNIT	$455,100	120 ft
651 WASHINGTON ST N E MINNEAPOLIS MN 55413	RICHARD C RAYMOND	RESIDENTIAL	$372,100	139 ft
655 WASHINGTON ST N E MINNEAPOLIS MN 55413	SCOTT DAVID OLSON TRUST	RESIDENTIAL-TWO UNIT	$348,200	144 ft
647 WASHINGTON ST N E MINNEAPOLIS MN 55413	CARISSA TOBIN & ALEX HALEY	RESIDENTIAL	$408,000	144 ft
632 ADAMS ST N E MINNEAPOLIS MN 55413	MACKENZIE K MCDONALD	APARTMENT	$505,000	160 ft
657 WASHINGTON ST N E MINNEAPOLIS MN 55413	KYLIE KNAPP/SEAN GRANDFIELD	RESIDENTIAL-TWO UNIT	$376,000	160 ft

Property History

Most Recent Sale

Date202203

Price$324,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,830