416 RIVER ST MINNEAPOLIS MN 55401

PID: 2202924110065

Property Overview

Parcel ID2202924110065

Lot Size6,351 sq ft (0.146 ac)

Lot Dimensions (est.)123 ft wide × 52 ft deep

Year Built1997

Property ClassTOWNHOUSE

OwnerTRACI BOWER & ERIC LEBIDA

Assessed Value$1,544,000

Land Value$787,000

Building Value$757,000

Annual Tax$27,567

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — St. Anthony Falls

Development Opportunities

Historic district — St. Anthony FallsHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

8 permits on record since 2022 · $115K total declared value · Most recent: Nov 2025 (existres)

ExistresNov 2025Closed

4Front Energy Solutions Inc

ResOct 2025Closed

GRABOW PLUMBING INC

RemodelOct 2025Inspection

$20K

PARTNERS 4 DESIGN LLC

CommfdrrAug 2023Closed

$10K

Dean's Professional Plumbing Inc

ExistresJan 2023Closed

Centraire Heating & Air Conditioning LLC

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

Neighborhood Profile

North Loop · Minneapolis

Median reported rent2,098/mo

Renter-occupied65.1%

Median home value$370K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1262.02

Market Snapshot

Zip code 55401

Median sale price$410K-14.2% YoY

Median price / sqft$331/sqft

Median days to close70 days

Active listings86

Source: Redfin Data Center (Invalid Date) · Zip 55401

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width113 ft

Buildable depth12 ft

Area~3,534 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 3-story wood frame (5–12 units) benchmarks for 3,534 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
418 RIVER ST MINNEAPOLIS MN 55401	NAME UNAVAILABLE	TOWNHOUSE	$1,385,000	49 ft
414 RIVER ST MINNEAPOLIS MN 55401	DANIEL E GUSTAFSON	TOWNHOUSE	$1,278,700	51 ft
420 RIVER ST MINNEAPOLIS MN 55401	SHARON A BOEHNEN REVOC TRUST	TOWNHOUSE	$1,734,500	101 ft
412 RIVER ST MINNEAPOLIS MN 55401	DAVID T NASSIF REVOC TRUST	TOWNHOUSE	$2,240,600	105 ft
410 RIVER ST MINNEAPOLIS MN 55401	T BEINLICH & A BEINLICH	TOWNHOUSE	$1,658,500	154 ft
500 RIVER ST MINNEAPOLIS MN 55401	A J SMETANA & A L GODBOUT	TOWNHOUSE	$1,531,200	155 ft
400 RIVER PKWY W MINNEAPOLIS MN 55401	CITY OF MPLS PARK BD	LAND-COMMERCIAL	$0	178 ft
408 RIVER ST MINNEAPOLIS MN 55401	MARTIN DAVIS & JESSICA DAVIS	TOWNHOUSE	$1,389,900	197 ft
423 RIVER ST MINNEAPOLIS MN 55401	NICOLE KROLL & BRADEN KROLL	TOWNHOUSE	$1,183,400	202 ft
502 RIVER ST MINNEAPOLIS MN 55401	SUSAN A ROUSE REVOC TRUST	TOWNHOUSE	$1,586,800	204 ft

Property History

Most Recent Sale

Date202110

Price$1,550,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$27,567