704 58TH ST E MINNEAPOLIS MN 55417

PID: 2302824230015

Property Overview

Parcel ID2302824230015

Lot Size5,987 sq ft (0.137 ac)

Lot Dimensions (est.)100 ft wide × 60 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerJ C LEARY & C A LEARY

Assessed Value$439,300

Land Value$157,000

Building Value$282,300

Annual Tax$6,677

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

10 permits on record since 2017 · $48K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Closed

Warners Stellian Co Inc

ResNov 2025Closed

Master Plumbing Services LLC

ResFeb 2025Closed

Urban Pine Plumbing and Mechanical Inc

ResJan 2025Closed

CenterPoint Energy Resource Corp

RemodelJul 2022Closed

$30K

Brandyn Six

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

Neighborhood Profile

Diamond Lake · Minneapolis

Median reported rent1,284/mo

Renter-occupied43.4%

Median home value$373K

Vacancy rate7.4%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 120.03

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth80 ft

Area~3,210 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 sfr / adu benchmarks for 3,210 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
708 58TH ST E MINNEAPOLIS MN 55417	M A DEGIUSTI & K L DEGIUSTI	RESIDENTIAL	$494,900	47 ft
700 58TH ST E MINNEAPOLIS MN 55417	D & M MCKEEN	RESIDENTIAL	$470,100	48 ft
712 58TH ST E MINNEAPOLIS MN 55417	B L HAUGSTAD & M M HAUGSTAD	RESIDENTIAL	$507,900	95 ft
638 58TH ST E MINNEAPOLIS MN 55417	DEBORAH LARSEN	RESIDENTIAL	$415,000	95 ft
716 58TH ST E MINNEAPOLIS MN 55417	R C WELSHANS/C L WELSHANS TR	RESIDENTIAL	$434,400	142 ft
634 58TH ST E MINNEAPOLIS MN 55417	W MARTIN & S HAMM	RESIDENTIAL	$468,000	143 ft
709 57TH ST E MINNEAPOLIS MN 55417	R & J MYERS	RESIDENTIAL	$420,500	143 ft
715 57TH ST E MINNEAPOLIS MN 55417	C L & H A HILLSTROM	RESIDENTIAL	$511,600	145 ft
5801 PARK AVE MINNEAPOLIS MN 55417	R S SOUGSTAD & SARA LEFEBVRE	RESIDENTIAL	$425,000	150 ft
705 57TH ST E MINNEAPOLIS MN 55417	S A & A R HOLDAHL TRUST	RESIDENTIAL	$439,300	163 ft

Property History

Most Recent Sale

Date202508

Price$602,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,677