323 2ND ST N E MINNEAPOLIS MN 55413

PID: 2302924210068

Property Overview

Parcel ID2302924210068

Lot Size9,986 sq ft (0.229 ac)

Lot Dimensions (est.)175 ft wide × 57 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerJON C VAIANA

Assessed Value$418,000

Land Value$220,000

Building Value$198,000

Annual Tax$6,346

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

St. Anthony West · Minneapolis

Median reported rent1,674/mo

Renter-occupied50.5%

Median home value$467K

Vacancy rate12.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1036

Market Snapshot

Zip code 55413

Median sale price$350K+2.9% YoY

Median price / sqft$213/sqft

Median days to close69 days

Active listings27

Source: Redfin Data Center (Invalid Date) · Zip 55413

Zoning

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width50 ft

Buildable depth126 ft

Area~6,316 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 6,316 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
327 2ND ST N E MINNEAPOLIS MN 55413	RANDY S DEC	RESIDENTIAL	$422,100	65 ft
315 2ND ST N E MINNEAPOLIS MN 55413	TERRY JAMES SPOTTS	RESIDENTIAL	$389,000	65 ft
331 2ND ST N E MINNEAPOLIS MN 55413	JACOB FEE & HALEY MADSEN	RESIDENTIAL-TWO UNIT	$551,300	122 ft
307 2ND ST N E MINNEAPOLIS MN 55413	DAVID M SYNOWCZYNSKI	RESIDENTIAL	$482,900	132 ft
335 2ND ST N E MINNEAPOLIS MN 55413	BURGUNDY ENTERPRISES LLC	RESIDENTIAL	$549,100	162 ft
320 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	PEMPA TSERING & TASHI CHOZOM	RESIDENTIAL	$369,300	165 ft
314 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	MARIAM K SLAYHI	RESIDENTIAL-TWO UNIT	$423,800	172 ft
326 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	ALICE MELTON	RESIDENTIAL	$386,400	178 ft
224 4TH AVE N E MINNEAPOLIS MN 55413	CHETNA TANDON	RESIDENTIAL	$643,400	184 ft
312 UNIVERSITY AVE N E MINNEAPOLIS MN 55413	R B FENTON & M K SLAYHI	RESIDENTIAL-TWO UNIT	$439,900	184 ft

Property History

Most Recent Sale

Date200010

Price$105,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,346