1500 CALIFORNIA ST N E MINNEAPOLIS MN 55413

PID: 1502924110145

Property Overview

Parcel ID1502924110145

Lot Size4,614 sq ft (0.106 ac)

Lot Dimensions (est.)124 ft wide × 37 ft deep

Year Built2016

Property ClassRESIDENTIAL

OwnerADAM BOES & N KUTSCHEID

Assessed Value$549,000

Land Value$126,000

Building Value$423,000

Annual Tax$8,672

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

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 width27 ft

Buildable depth85 ft

Area~2,286 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 2,286 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
1508 CALIFORNIA ST N E MINNEAPOLIS MN 55413	J & S DUBE	RESIDENTIAL-TWO UNIT	$374,400	44 ft
1416 CALIFORNIA ST N E MINNEAPOLIS MN 55413	CONTOUR VENTURES LLC	APARTMENT	$696,000	73 ft
1512 CALIFORNIA ST N E MINNEAPOLIS MN 55413	NEM HOLDINGS LLC	RESIDENTIAL-TWO UNIT	$370,100	94 ft
1503 GRAND ST N E MINNEAPOLIS MN 55413	ROSEMARY STENSTROM	RESIDENTIAL	$467,100	128 ft
1433 GRAND ST N E MINNEAPOLIS MN 55413	ALYSSA VETTEL/BLAKE VETTEL	RESIDENTIAL	$446,200	130 ft
1516 CALIFORNIA ST N E MINNEAPOLIS MN 55413	KATIE MCGOUGH	RESIDENTIAL	$275,000	144 ft
1511 GRAND ST N E MINNEAPOLIS MN 55413	MICHELLE LAGRANGE	RESIDENTIAL	$257,500	148 ft
1429 GRAND ST N E MINNEAPOLIS MN 55413	J A PETRIE & K PETRIE	RESIDENTIAL	$316,800	151 ft
1425 GRAND ST N E MINNEAPOLIS MN 55413	ROBERT L ANSCHUTZ	RESIDENTIAL-TWO UNIT	$456,100	161 ft
1513 GRAND ST N E MINNEAPOLIS MN 55413	JAMES V LINDSAY	RESIDENTIAL	$279,100	168 ft

Property History

Most Recent Sale

Date201705

Price$428,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,672