1701 GRAND ST N E MINNEAPOLIS MN 55413

PID: 1502924110103

Property Overview

Parcel ID1502924110103

Lot Size6,081 sq ft (0.140 ac)

Lot Dimensions (est.)121 ft wide × 50 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerANDREA SATHRE

Assessed Value$226,000

Land Value$125,000

Building Value$101,000

Annual Tax$3,131

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 2022 · $29K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Closed

$20K

PROMINENT CONSTRUCTION LLC

MiscFeb 2024Closed

$9K

PROMINENT CONSTRUCTION LLC

ExistresJun 2022Closed

Home Energy Center Inc

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 width40 ft

Buildable depth82 ft

Area~3,263 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 3,263 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
1707 GRAND ST N E MINNEAPOLIS MN 55413	JOEL AMUNDSON-HOGLUND	RESIDENTIAL-TWO UNIT	$366,200	50 ft
1709 GRAND ST N E MINNEAPOLIS MN 55413	KATHRYN CHELSTROM	RESIDENTIAL-TWO UNIT	$358,800	100 ft
1613 GRAND ST N E MINNEAPOLIS MN 55413	N P RY CO	RAILROAD	$0	117 ft
1700 CALIFORNIA ST N E MINNEAPOLIS MN 55413	N P RR CO	RAILROAD	$0	136 ft
1715 GRAND ST N E MINNEAPOLIS MN 55413	M P LONSKI & C G LONSKI TRST	RESIDENTIAL-TWO UNIT	$619,100	150 ft
1708 CALIFORNIA ST N E MINNEAPOLIS MN 55413	ROBERT F STONE/ALEX STONE	RESIDENTIAL	$648,600	162 ft
1623 GRAND ST N E MINNEAPOLIS MN 55413	NP RY CO	RAILROAD	$0	163 ft
1628 CALIFORNIA ST N E MINNEAPOLIS MN 55413	E JENSEN & N HANGSLEBEN	RESIDENTIAL-TWO UNIT	$429,600	191 ft
1712 CALIFORNIA ST N E MINNEAPOLIS MN 55413	FORTUNE HOLDINGS LLC	RESIDENTIAL	$558,300	192 ft
1704 GRAND ST N E MINNEAPOLIS MN 55413	MICKELENE E LINDGREN	RESIDENTIAL	$326,000	195 ft

Property History

Most Recent Sale

Date201506

Price$120,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,131