634 58TH ST E MINNEAPOLIS MN 55417

PID: 2302824230018

Property Overview

Parcel ID2302824230018

Lot Size6,104 sq ft (0.140 ac)

Lot Dimensions (est.)112 ft wide × 54 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerW MARTIN & S HAMM

Assessed Value$468,000

Land Value$159,000

Building Value$309,000

Annual Tax$7,156

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

4 permits on record since 2017 · Most recent: May 2025 (res)

ResMay 2025Closed

CenterPoint Energy Resource Corp

ResDec 2023Expired

Norblom Plumbing Co

ExistresJun 2017Closed

Standard Heating and Air Conditioning Inc

ResMay 2017Closed

Norblom Plumbing Co

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 width37 ft

Buildable depth90 ft

Area~3,320 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 3,320 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
638 58TH ST E MINNEAPOLIS MN 55417	DEBORAH LARSEN	RESIDENTIAL	$415,000	48 ft
630 58TH ST E MINNEAPOLIS MN 55417	NOAH BROWN/ELIZABETH MARTIN	RESIDENTIAL	$390,200	49 ft
700 58TH ST E MINNEAPOLIS MN 55417	D & M MCKEEN	RESIDENTIAL	$470,100	95 ft
626 58TH ST E MINNEAPOLIS MN 55417	R W EICHTEN & S L M EICHTEN	RESIDENTIAL	$537,500	111 ft
704 58TH ST E MINNEAPOLIS MN 55417	J C LEARY & C A LEARY	RESIDENTIAL	$439,300	143 ft
701 57TH ST E MINNEAPOLIS MN 55417	A O DEMEHIN & D J DEMEHIN	RESIDENTIAL	$570,200	144 ft
705 57TH ST E MINNEAPOLIS MN 55417	S A & A R HOLDAHL TRUST	RESIDENTIAL	$439,300	154 ft
643 57TH ST E MINNEAPOLIS MN 55417	WALTER H ROCKENSTEIN II ETAL	RESIDENTIAL	$608,800	155 ft
5800 PARK AVE MINNEAPOLIS MN 55417	KAREN SUE WILLIAMS	RESIDENTIAL	$576,000	157 ft
639 57TH ST E MINNEAPOLIS MN 55417	S G STAVROU & I E STAVROU	RESIDENTIAL	$469,700	179 ft

Property History

Most Recent Sale

Date200311

Price$355,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,156