1615 GRAND ST N E MINNEAPOLIS MN 55413

PID: 1502924110125

Property Overview

Parcel ID1502924110125

Lot Size6,085 sq ft (0.140 ac)

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

Year Built1900

Property ClassRESIDENTIAL

OwnerCOLLEEN WOODBRIDGE

Assessed Value$221,500

Land Value$144,000

Building Value$77,500

Annual Tax$2,630

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

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~3,266 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 3,266 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
1611 GRAND ST N E MINNEAPOLIS MN 55413	AMENA ALI	RESIDENTIAL-TWO UNIT	$314,700	44 ft
1619 GRAND ST N E MINNEAPOLIS MN 55413	M MCKINNEY & J RICKERT	RESIDENTIAL	$384,100	50 ft
1607 GRAND ST N E MINNEAPOLIS MN 55413	M J ENDRIZZI/ D M DROUILLARD	RESIDENTIAL	$289,300	94 ft
1623 GRAND ST N E MINNEAPOLIS MN 55413	NP RY CO	RAILROAD	$0	98 ft
1614 CALIFORNIA ST N E MINNEAPOLIS MN 55413	MAKSIM VERNIKOVSKIY	RESIDENTIAL	$381,500	133 ft
1610 CALIFORNIA ST N E MINNEAPOLIS MN 55413	ZACHARY A KINSEY	RESIDENTIAL	$351,000	142 ft
1613 GRAND ST N E MINNEAPOLIS MN 55413	N P RY CO	RAILROAD	$0	143 ft
1618 CALIFORNIA ST N E MINNEAPOLIS MN 55413	ANDREW VICKERS	RESIDENTIAL	$417,300	143 ft
55 16TH AVE N E MINNEAPOLIS MN 55413	M R & S J MADISON	RESIDENTIAL	$352,000	150 ft
1606 CALIFORNIA ST N E MINNEAPOLIS MN 55413	J VETRANO & P VETRANO	RESIDENTIAL-TWO UNIT	$394,600	166 ft

Property History

Most Recent Sale

Date199812

Price$69,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,630