415 MADISON ST N E MINNEAPOLIS MN 55413

PID: 1402924430124

Property Overview

Parcel ID1402924430124

Lot Size7,854 sq ft (0.180 ac)

Lot Dimensions (est.)129 ft wide × 61 ft deep

Year Built1987

Property ClassRESIDENTIAL-TWO UNIT

OwnerCAMILLA DABROWSKI

Assessed Value$499,300

Land Value$226,000

Building Value$273,300

Annual Tax$7,707

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 width50 ft

Buildable depth91 ft

Area~4,532 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 4,532 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
417 MADISON ST N E MINNEAPOLIS MN 55413	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	38 ft
409 MADISON ST N E MINNEAPOLIS MN 55413	J L & J S WESTBROOK	RESIDENTIAL	$552,100	60 ft
421 MADISON ST N E MINNEAPOLIS MN 55413	DAVID E & SUSAN M KLICKA	RESIDENTIAL	$419,000	73 ft
305 MADISON ST N E MINNEAPOLIS MN 55413	THERESA BORCHARDT	RESIDENTIAL	$9,000	110 ft
305 MADISON ST N E MINNEAPOLIS MN 55413	THERESA BORCHARDT	RESIDENTIAL	$440,000	124 ft
425 MADISON ST N E MINNEAPOLIS MN 55413	W J BIRAWER & TIANA C YOUNG	RESIDENTIAL	$412,800	125 ft
312 MONROE ST N E MINNEAPOLIS MN 55413	AMANUEL A ABEJE	RESIDENTIAL	$453,900	139 ft
312 MONROE ST N E MINNEAPOLIS MN 55413	AMANUEL A ABEJE	RESIDENTIAL	$161,400	145 ft
326 MONROE ST N E MINNEAPOLIS MN 55413	TIMOTHY J CHAPP	RESIDENTIAL	$509,600	161 ft
308 MONROE ST N E MINNEAPOLIS MN 55413	RAFAAT M HAGER	RESIDENTIAL	$584,400	166 ft

Property History

Most Recent Sale

Date201112

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,707