128 15TH AVE N E MINNEAPOLIS MN 55413

PID: 1502924110066

Property Overview

Parcel ID1502924110066

Lot Size6,899 sq ft (0.158 ac)

Lot Dimensions (est.)50 ft wide × 138 ft deep

Year Built1980

Property ClassRESIDENTIAL

OwnerWILLIAM W JAREMKO JR

Assessed Value$369,200

Land Value$151,000

Building Value$218,200

Annual Tax$5,529

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

1 permit on record since 2024 · $4K total declared value · Most recent: Jan 2024 (misc)

MiscJan 2024Closed

$4K

WINDOW WORLD

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

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 width37 ft

Buildable depth98 ft

Area~3,625 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 3,625 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
132 15TH AVE N E MINNEAPOLIS MN 55413	A J OULMAN & T HOLZINGER	RESIDENTIAL	$310,600	50 ft
134 15TH AVE N E MINNEAPOLIS MN 55413	MARY OSTAPENKO-ANSTETT ET AL	RESIDENTIAL-TWO UNIT	$392,400	100 ft
135 14TH AVE N E MINNEAPOLIS MN 55413	JOHN KENNETH UTKE	RESIDENTIAL-TWO UNIT	$306,200	118 ft
133 14TH AVE N E MINNEAPOLIS MN 55413	JOHN K UTKE	RESIDENTIAL-TWO UNIT	$326,300	123 ft
137 14TH AVE N E MINNEAPOLIS MN 55413	ELLIOTT P SAXTON	RESIDENTIAL-TWO UNIT	$292,100	123 ft
1419 GRAND ST N E MINNEAPOLIS MN 55413	ROSS QUADE	RESIDENTIAL	$252,700	128 ft
1416 CALIFORNIA ST N E MINNEAPOLIS MN 55413	CONTOUR VENTURES LLC	APARTMENT	$696,000	129 ft
1425 GRAND ST N E MINNEAPOLIS MN 55413	ROBERT L ANSCHUTZ	RESIDENTIAL-TWO UNIT	$456,100	130 ft
139 14TH AVE N E MINNEAPOLIS MN 55413	KATHRYN KUISLE	RESIDENTIAL-TWO UNIT	$298,500	138 ft
138 15TH AVE N E MINNEAPOLIS MN 55413	C J ELLSWORTH/S J ELLSWORTH	RESIDENTIAL	$361,800	150 ft

Property History

Current Tax Year

Year2026

Tax Due$5,529