304 MADISON ST N E MINNEAPOLIS MN 55413

PID: 1402924430130

Property Overview

Parcel ID1402924430130

Lot Size10,207 sq ft (0.234 ac)

Lot Dimensions (est.)162 ft wide × 63 ft deep

Year Built1987

Property ClassRESIDENTIAL

OwnerGRETCHEN ANGELIKA ZETTLER

Assessed Value$487,500

Land Value$250,000

Building Value$237,500

Annual Tax$7,547

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

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 width18 ft

Buildable depth325 ft

Area~7,062 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 7,062 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
304 MADISON ST N E MINNEAPOLIS MN 55413	GRETCHEN AG ZETTLER	VACANT LAND-RESIDENTIAL	$86,000	46 ft
300 MADISON ST N E MINNEAPOLIS MN 55413	B G FEILLE & L P FEILLE	RESIDENTIAL	$599,100	68 ft
402 MADISON ST N E MINNEAPOLIS MN 55413	MAGGIE SAFARIAN	RESIDENTIAL	$669,100	99 ft
406 MADISON ST N E MINNEAPOLIS MN 55413	RICHARD GEISSMAN & TAM HO	RESIDENTIAL	$664,100	150 ft
519 3RD AVE N E MINNEAPOLIS MN 55413	CITY OF MINNEAPOLIS	LAND-COMMERCIAL	$0	172 ft
305 MADISON ST N E MINNEAPOLIS MN 55413	THERESA BORCHARDT	RESIDENTIAL	$9,000	192 ft
410 MADISON ST N E MINNEAPOLIS MN 55413	STEVEN F HODOROWSKI	RESIDENTIAL-TWO UNIT	$493,300	195 ft
305 MADISON ST N E MINNEAPOLIS MN 55413	THERESA BORCHARDT	RESIDENTIAL	$440,000	224 ft
412 MADISON ST N E MINNEAPOLIS MN 55413	MDC 2000 INVESTMENTS INC	RESIDENTIAL	$295,900	232 ft
600 3RD AVE N E MINNEAPOLIS MN 55413	A C BOKDE & A PENZINER BOKDE	CONDOMINIUM	$507,000	233 ft

Property History

Most Recent Sale

Date200106

Price$165,090

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,547