1433 GRAND ST N E MINNEAPOLIS MN 55413

PID: 1502924110060

Property Overview

Parcel ID1502924110060

Lot Size9,285 sq ft (0.213 ac)

Lot Dimensions (est.)140 ft wide × 66 ft deep

Year Built1905

Property ClassRESIDENTIAL

OwnerALYSSA VETTEL/BLAKE VETTEL

Assessed Value$446,200

Land Value$170,000

Building Value$276,200

Annual Tax$6,818

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

3 permits on record since 2020 · $8K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Closed

$7K

MINNESOTA ROOFING CO

RemodelFeb 2021Closed

$500

Blake T Vettel

ResDec 2020Closed

Midwest Plumbing and Service LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Sheridan · Minneapolis

Median reported rent1,466/mo

Renter-occupied71.3%

Median home value$320K

Vacancy rate11.3%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 24

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 width66 ft

Buildable depth82 ft

Area~5,472 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 5,472 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1429 GRAND ST N E MINNEAPOLIS MN 55413	J A PETRIE & K PETRIE	RESIDENTIAL	$316,800	55 ft
1503 GRAND ST N E MINNEAPOLIS MN 55413	ROSEMARY STENSTROM	RESIDENTIAL	$467,100	68 ft
1511 GRAND ST N E MINNEAPOLIS MN 55413	MICHELLE LAGRANGE	RESIDENTIAL	$257,500	120 ft
1416 CALIFORNIA ST N E MINNEAPOLIS MN 55413	CONTOUR VENTURES LLC	APARTMENT	$696,000	127 ft
1500 CALIFORNIA ST N E MINNEAPOLIS MN 55413	ADAM BOES & N KUTSCHEID	RESIDENTIAL	$549,000	130 ft
1425 GRAND ST N E MINNEAPOLIS MN 55413	ROBERT L ANSCHUTZ	RESIDENTIAL-TWO UNIT	$456,100	138 ft
1508 CALIFORNIA ST N E MINNEAPOLIS MN 55413	J & S DUBE	RESIDENTIAL-TWO UNIT	$374,400	153 ft
1513 GRAND ST N E MINNEAPOLIS MN 55413	JAMES V LINDSAY	RESIDENTIAL	$279,100	157 ft
1502 GRAND ST N E MINNEAPOLIS MN 55413	MAYA AND ASSOCIATES LLC	RESIDENTIAL	$242,300	178 ft
1434 GRAND ST N E MINNEAPOLIS MN 55413	TIMOTHY ALLEN JACOBSON	RESIDENTIAL-TWO UNIT	$344,700	182 ft

Property History

Most Recent Sale

Date202010

Price$390,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$6,818