421 MADISON ST N E MINNEAPOLIS MN 55413

PID: 1402924430208

Property Overview

Parcel ID1402924430208

Lot Size7,210 sq ft (0.166 ac)

Lot Dimensions (est.)129 ft wide × 56 ft deep

Year Built1970

Property ClassRESIDENTIAL

OwnerDAVID E & SUSAN M KLICKA

Assessed Value$419,000

Land Value$214,000

Building Value$205,000

Annual Tax$6,486

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 width46 ft

Buildable depth89 ft

Area~4,090 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 4,090 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
417 MADISON ST N E MINNEAPOLIS MN 55413	CITY OF MPLS	VACANT LAND-RESIDENTIAL	$0	35 ft
425 MADISON ST N E MINNEAPOLIS MN 55413	W J BIRAWER & TIANA C YOUNG	RESIDENTIAL	$412,800	53 ft
415 MADISON ST N E MINNEAPOLIS MN 55413	CAMILLA DABROWSKI	RESIDENTIAL-TWO UNIT	$499,300	73 ft
431 MADISON ST N E MINNEAPOLIS MN 55413	MICHAEL COLE	RESIDENTIAL-TWO UNIT	$362,900	98 ft
409 MADISON ST N E MINNEAPOLIS MN 55413	J L & J S WESTBROOK	RESIDENTIAL	$552,100	133 ft
435 MADISON ST N E MINNEAPOLIS MN 55413	CHALGREN REVOCABLE TRUST	RESIDENTIAL-TWO UNIT	$486,000	138 ft
326 MONROE ST N E MINNEAPOLIS MN 55413	TIMOTHY J CHAPP	RESIDENTIAL	$509,600	140 ft
312 MONROE ST N E MINNEAPOLIS MN 55413	AMANUEL A ABEJE	RESIDENTIAL	$161,400	143 ft
312 MONROE ST N E MINNEAPOLIS MN 55413	AMANUEL A ABEJE	RESIDENTIAL	$453,900	158 ft
330 MONROE ST N E MINNEAPOLIS MN 55413	330 MONROE LLC	APARTMENT	$1,500,000	160 ft

Property History

Most Recent Sale

Date200906

Price$134,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,486