1300 MAIN ST N E MINNEAPOLIS MN 55413

PID: 1502924140084

Property Overview

Parcel ID1502924140084

Lot Size7,074 sq ft (0.162 ac)

Lot Dimensions (est.)124 ft wide × 57 ft deep

Year Built1977

Property ClassRESIDENTIAL

OwnerKELLY WYSONG & RUSS OLSON

Assessed Value$310,200

Land Value$144,000

Building Value$166,200

Annual Tax$4,541

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

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 width111 ft

Buildable depth17 ft

Area~3,467 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 3,467 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1308 MAIN ST N E MINNEAPOLIS MN 55413	HUNTER O TOTTEN	RESIDENTIAL	$366,500	68 ft
1301 GRAND ST N E MINNEAPOLIS MN 55413	GREGORY M HENDERSON	RESIDENTIAL	$296,000	108 ft
1307 GRAND ST N E MINNEAPOLIS MN 55413	J WEIRICK & K WEIRICK	RESIDENTIAL	$404,900	118 ft
1311 GRAND ST N E MINNEAPOLIS MN 55413	T RYSGAARD & C RYSGAARD	TRIPLEX	$685,800	134 ft
1314 MAIN ST N E MINNEAPOLIS MN 55413	LUCY LLOYD & TRISTAN LLOYD	RESIDENTIAL	$524,000	135 ft
1220 MAIN ST N E MINNEAPOLIS MN 55413	LATHAM PROPERTIES LLC	APARTMENT	$2,600,000	162 ft
1317 GRAND ST N E MINNEAPOLIS MN 55413	EUGENE TOMAS & NICOLE TOMAS	RESIDENTIAL	$259,100	173 ft
1320 MAIN ST N E MINNEAPOLIS MN 55413	KELLY SINKBEIL	RESIDENTIAL	$429,400	196 ft
144 13TH AVE N E MINNEAPOLIS MN 55413	FISCHERS UNITED SUPPLY INC	COMMERCIAL-PREFERRED	$819,000	200 ft
143 13TH AVE N E MINNEAPOLIS MN 55413	CITY OF MINNEAPOLIS	COMMERCIAL-PREFERRED	$0	205 ft

Property History

Most Recent Sale

Date201504

Price$214,518

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,541