325 RIVER PKWY W MINNEAPOLIS MN 55401

PID: 2202924110096

Property Overview

Parcel ID2202924110096

Lot Size14,521 sq ft (0.333 ac)

Lot Dimensions (est.)190 ft wide × 77 ft deep

Year Built2000

Property ClassCONDOMINIUM

OwnerTODD BUTZER/JODI DEE BUTZER

Assessed Value$766,000

Land Value$288,000

Building Value$478,000

Annual Tax$12,792

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

14 permits on record since 2016 · $185K total declared value · Most recent: Jan 2022 (existres)

ExistresJan 2022Closed

$4K

Janecky Plumbing Service Inc

ResJan 2022Closed

Janecky Plumbing Service Inc

ComnofdbvDec 2021Closed

FIRESIDE HEARTH AND HOME

RemodelNov 2021Closed

$80K

MCDONALD REMODELING

ComnofdbvApr 2021Closed

Warners Stellian Co Inc

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)10 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width175 ft

Buildable depth37 ft

Area~7,990 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 7,990 sqft buildable area.

Est. units

Yield on cost

4.2%

Spread

-1.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
325 RIVER PKWY W MINNEAPOLIS MN 55401	JOHN H BEAL & BARBARA A BRIN	CONDOMINIUM	$728,000	0 ft
325 RIVER PKWY W MINNEAPOLIS MN 55401	STEVEN E LANDBERG	CONDOMINIUM	$748,000	0 ft
325 RIVER PKWY W MINNEAPOLIS MN 55401	PHYLLIS E MOEN	CONDOMINIUM	$723,000	0 ft
325 RIVER PKWY W MINNEAPOLIS MN 55401	M C BURGESS & P E BURGESS	CONDOMINIUM	$742,000	0 ft
MN	Unknown	—	—	0 ft
13 4TH AVE N MINNEAPOLIS MN 55401	S M DREHMEL & W K DREHMEL	CONDOMINIUM	$718,000	134 ft
13 4TH AVE N MINNEAPOLIS MN 55401	MATTHEW LEE BENSON	CONDOMINIUM	$552,000	134 ft
13 4TH AVE N MINNEAPOLIS MN 55401	DEBORAH P SIPPL	CONDOMINIUM	$540,000	134 ft
13 4TH AVE N MINNEAPOLIS MN 55401	J C CESPEDES & C R PARRA	CONDOMINIUM	$534,000	134 ft
13 4TH AVE N MINNEAPOLIS MN 55401	TIMOTHY D RENKEN	CONDOMINIUM	$527,000	134 ft

Property History

Most Recent Sale

Date202101

Price$790,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$12,792