639 57TH ST E MINNEAPOLIS MN 55417

PID: 2302824230037

Property Overview

Parcel ID2302824230037

Lot Size7,439 sq ft (0.171 ac)

Lot Dimensions (est.)138 ft wide × 54 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerS G STAVROU & I E STAVROU

Assessed Value$469,700

Land Value$173,000

Building Value$296,700

Annual Tax$7,183

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 2025 · $42K total declared value · Most recent: Jun 2025 (res)

ResJun 2025Closed

Wenzel-Plymouth Plumbing LLC

RemodelMay 2025Closed

$2K

Ocel Builders Inc

ResMay 2025Closed

CenterPoint Energy Resource Corp

MiscApr 2025Inspection

$40K

ALL TRADES INC

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 depth109 ft

Area~4,347 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 4,347 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
635 57TH ST E MINNEAPOLIS MN 55417	KURT C MEYER	RESIDENTIAL	$445,700	50 ft
643 57TH ST E MINNEAPOLIS MN 55417	WALTER H ROCKENSTEIN II ETAL	RESIDENTIAL	$608,800	50 ft
631 57TH ST E MINNEAPOLIS MN 55417	J A OVANS & L J OVANS	RESIDENTIAL	$502,100	100 ft
701 57TH ST E MINNEAPOLIS MN 55417	A O DEMEHIN & D J DEMEHIN	RESIDENTIAL	$570,200	100 ft
627 57TH ST E MINNEAPOLIS MN 55417	A W PODRATZ & A S PODRATZ	RESIDENTIAL	$478,800	149 ft
705 57TH ST E MINNEAPOLIS MN 55417	S A & A R HOLDAHL TRUST	RESIDENTIAL	$439,300	151 ft
626 58TH ST E MINNEAPOLIS MN 55417	R W EICHTEN & S L M EICHTEN	RESIDENTIAL	$537,500	157 ft
630 58TH ST E MINNEAPOLIS MN 55417	NOAH BROWN/ELIZABETH MARTIN	RESIDENTIAL	$390,200	159 ft
634 58TH ST E MINNEAPOLIS MN 55417	W MARTIN & S HAMM	RESIDENTIAL	$468,000	179 ft
618 58TH ST E MINNEAPOLIS MN 55417	C D TKACH & R A KOCOUREK	RESIDENTIAL	$556,400	186 ft

Property History

Most Recent Sale

Date198409

Price$81,550

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,183