614 58TH ST E MINNEAPOLIS MN 55417

PID: 2302824230022

Property Overview

Parcel ID2302824230022

Lot Size7,535 sq ft (0.173 ac)

Lot Dimensions (est.)131 ft wide × 57 ft deep

Year Built1941

Property ClassRESIDENTIAL

OwnerM R LIVINGSTONE ET AL

Assessed Value$505,900

Land Value$173,000

Building Value$332,900

Annual Tax$7,805

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

No permits found in Minneapolis open data for this parcel.

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 depth111 ft

Area~4,425 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 4,425 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
610 58TH ST E MINNEAPOLIS MN 55417	MEGHAN MORRIS	RESIDENTIAL	$501,900	60 ft
618 58TH ST E MINNEAPOLIS MN 55417	C D TKACH & R A KOCOUREK	RESIDENTIAL	$556,400	62 ft
626 58TH ST E MINNEAPOLIS MN 55417	R W EICHTEN & S L M EICHTEN	RESIDENTIAL	$537,500	137 ft
5727 PORTLAND AVE MINNEAPOLIS MN 55417	J P PLUMMER & M A PLUMMER	RESIDENTIAL	$550,000	166 ft
5800 OAKLAND AVE MINNEAPOLIS MN 55417	THOMAS R SCHROEPFER ET AL	RESIDENTIAL	$519,100	169 ft
627 57TH ST E MINNEAPOLIS MN 55417	A W PODRATZ & A S PODRATZ	RESIDENTIAL	$478,800	175 ft
5723 PORTLAND AVE MINNEAPOLIS MN 55417	C ROBINSON & L ROBINSON	RESIDENTIAL	$556,600	178 ft
631 57TH ST E MINNEAPOLIS MN 55417	J A OVANS & L J OVANS	RESIDENTIAL	$502,100	181 ft
623 57TH ST E MINNEAPOLIS MN 55417	K M NELSON & M J NELSON	RESIDENTIAL	$501,000	186 ft
635 57TH ST E MINNEAPOLIS MN 55417	KURT C MEYER	RESIDENTIAL	$445,700	199 ft

Property History

Most Recent Sale

Date202403

Price$530,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,805