531 HALL LA MINNEAPOLIS MN 55411

PID: 1502924330152

Property Overview

Parcel ID1502924330152

Lot Size10,426 sq ft (0.239 ac)

Lot Dimensions (est.)129 ft wide × 81 ft deep

Year Built1978

Property ClassRESIDENTIAL

OwnerKRISTIAN WELCH

Assessed Value$275,500

Land Value$59,000

Building Value$216,500

Annual Tax$3,959

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2022 · $10K total declared value · Most recent: Jun 2022 (misc)

MiscJun 2022Closed

$10K

THE WINDOW STORE INC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Near - North · Minneapolis

Median reported rent409/mo

Renter-occupied59.5%

Median home value$245K

Vacancy rate10.1%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1263

Market Snapshot

Zip code 55411

Median sale price$243K-2.9% YoY

Median price / sqft$140/sqft

Median days to close40 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55411

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Estimated · verify frontage

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 width116 ft

Buildable depth41 ft

Area~4,757 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 4,757 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1501 HALL CUR MINNEAPOLIS MN 55411	BOBBY CHAMPION	RESIDENTIAL	$366,300	78 ft
601 HALL LA MINNEAPOLIS MN 55411	GERI L WILLIAMS	RESIDENTIAL	$261,800	122 ft
613 HALL LA MINNEAPOLIS MN 55411	KABAAR R POWELL	RESIDENTIAL	$302,400	151 ft
1425 HALL CUR MINNEAPOLIS MN 55411	JEANNA M THOMPSON	RESIDENTIAL	$230,000	153 ft
1508 HALL CUR MINNEAPOLIS MN 55411	MICHAEL KERNER & TINA KERNER	RESIDENTIAL	$381,500	164 ft
518 HALL LA MINNEAPOLIS MN 55411	PATSY MARSHALL	RESIDENTIAL	$300,300	194 ft
619 HALL LA MINNEAPOLIS MN 55411	PARRIS HARPER	RESIDENTIAL	$256,000	201 ft
1419 HALL CUR MINNEAPOLIS MN 55411	CITY OF LAKES COM LAND TRUST	—	$248,000	224 ft
1526 LYNDALE AVE N MINNEAPOLIS MN 55411	CITY OF MINNEAPOLIS PK BOARD	LAND-COMMERCIAL	$0	224 ft
512 HALL LA MINNEAPOLIS MN 55411	KRISTINE MIER	RESIDENTIAL	$277,700	270 ft

Property History

Most Recent Sale

Date201601

Price$147,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,959