301 MADISON ST N E MINNEAPOLIS MN 55413

PID: 1402924430134

Property Overview

Parcel ID1402924430134

Lot Size5,952 sq ft (0.137 ac)

Lot Dimensions (est.)117 ft wide × 51 ft deep

Year Built1987

Property ClassRESIDENTIAL

OwnerS L SCHOBER & N D SCHROBER

Assessed Value$445,600

Land Value$192,000

Building Value$253,600

Annual Tax$6,808

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2021 · $41K total declared value · Most recent: Nov 2025 (newres)

NewresNov 2025Closed

$6K

Heating and Cooling Two Inc

AdditionOct 2025Closed

$30K

MN FINE HOMES

ExistresJul 2021Closed

SEDGWICK HEATING & AIR CONDITIONING

MiscJan 2021Closed

$5K

Options Exteriors

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 width104 ft

Buildable depth11 ft

Area~995 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 sfr / adu benchmarks for 995 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
305 MADISON ST N E MINNEAPOLIS MN 55413	THERESA BORCHARDT	RESIDENTIAL	$440,000	63 ft
305 MADISON ST N E MINNEAPOLIS MN 55413	THERESA BORCHARDT	RESIDENTIAL	$9,000	117 ft
308 MONROE ST N E MINNEAPOLIS MN 55413	RAFAAT M HAGER	RESIDENTIAL	$584,400	124 ft
409 MADISON ST N E MINNEAPOLIS MN 55413	J L & J S WESTBROOK	RESIDENTIAL	$552,100	124 ft
640 3RD AVE N E MINNEAPOLIS MN 55413	PARK BOARD	LAND-COMMERCIAL	$0	175 ft
415 MADISON ST N E MINNEAPOLIS MN 55413	CAMILLA DABROWSKI	RESIDENTIAL-TWO UNIT	$499,300	182 ft
312 MONROE ST N E MINNEAPOLIS MN 55413	AMANUEL A ABEJE	RESIDENTIAL	$453,900	204 ft
300 MADISON ST N E MINNEAPOLIS MN 55413	B G FEILLE & L P FEILLE	RESIDENTIAL	$599,100	212 ft
417 MADISON ST N E MINNEAPOLIS MN 55413	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	219 ft
304 MADISON ST N E MINNEAPOLIS MN 55413	GRETCHEN AG ZETTLER	VACANT LAND-RESIDENTIAL	$86,000	221 ft

Property History

Most Recent Sale

Date202108

Price$450,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,808