20 2ND ST N E MINNEAPOLIS MN 55413

PID: 2302924211005

Property Overview

Parcel ID2302924211005

Lot Size71,050 sq ft (1.631 ac)

Lot Dimensions (est.)374 ft wide × 190 ft deep

Year Built1983

Property ClassCONDO GARAGE/MISCELLANEOUS

OwnerMARCIA S CANELAKE-NEMETH TR

Assessed Value$20,900

Land Value$600

Building Value$20,300

Annual Tax$324

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — St. Anthony Falls

Development Opportunities

Historic district — St. Anthony FallsHigh

Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.

Minneapolis Preservation & Landmarks ↗

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

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

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

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 ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Nicollet Island - East Bank · 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

CM3Community Mixed Use

Property History

Most Recent Sale

Date201805

Price$210,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$324

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value
20 2ND ST N E MINNEAPOLIS MN 55413	JAMES CULLUM	CONDO GARAGE/MISCELLANEOUS	$20,900
20 2ND ST N E MINNEAPOLIS MN 55413	KAILASH THAPA	CONDO GARAGE/MISCELLANEOUS	$20,900
20 2ND ST N E MINNEAPOLIS MN 55413	KAREEM MAKKY	CONDO GARAGE/MISCELLANEOUS	$20,900
20 2ND ST N E MINNEAPOLIS MN 55413	IMRAN VEERAMOOTOO	CONDO GARAGE/MISCELLANEOUS	$20,900
20 2ND ST N E MINNEAPOLIS MN 55413	JOOG LLC	CONDO GARAGE/MISCELLANEOUS	$20,900
20 2ND ST N E MINNEAPOLIS MN 55413	KEVIN H NETT & JANIE L NETT	CONDO GARAGE/MISCELLANEOUS	$20,900
20 2ND ST N E MINNEAPOLIS MN 55413	BRIAN M CARLSON	CONDOMINIUM	$144,800
20 2ND ST N E MINNEAPOLIS MN 55413	ANDREW L SCHRUNK	CONDOMINIUM	$179,500
20 2ND ST N E MINNEAPOLIS MN 55413	TAL TAHIR	CONDOMINIUM	$169,300
20 2ND ST N E MINNEAPOLIS MN 55413	SANDRA LEE HONG	CONDOMINIUM	$125,500