901 2ND ST S MINNEAPOLIS MN 55415

PID: 2302924430237

Property Overview

Parcel ID2302924430237

Lot Size34,408 sq ft (0.790 ac)

Lot Dimensions (est.)257 ft wide × 134 ft deep

Year Built2008

Property ClassCONDOMINIUM

OwnerKEVIN FRAZELL/TERESA FRAZELL

Assessed Value$665,000

Land Value$59,000

Building Value$606,000

Annual Tax$10,874

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

1 permit on record since 2024 · Most recent: Jul 2024 (commercial minor)

Commercial MinorJul 2024Closed

Warners Stellian Co Inc

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Downtown East · Minneapolis

Median reported rent2,088/mo

Renter-occupied70.2%

Median home value$558K

Vacancy rate10.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1261.02

Market Snapshot

Zip code 55415

Median sale price$450K-10.9% YoY

Median price / sqft$376/sqft

Median days to close145 days

Active listings51

Source: Redfin Data Center (Invalid Date) · Zip 55415

Zoning

DT1Downtown Center

Downtown Center 1 — urban core district

Typical Uses

·Office towers
·Hotels
·High-rise residential
·Entertainment
·Retail

Development Potential

Setbacks

Front0 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width257 ft

Buildable depth134 ft

Area~34,438 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

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
901 2ND ST S MINNEAPOLIS MN 55415	CHRISTINE E BRAY REV TRUST	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	A P RUSSELL/K B NAJJAR REV T	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	SANDRA DARLENE JOHNSON TRUST	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	PAULINE HENDERSON	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	JAMES S STOLLEY JR	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	XIAOJING ZOU TRUST	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	JOANN VERBURG/JAMES MOORE	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	WILLIAM M PETERS	CONDO GARAGE/MISCELLANEOUS	$29,600
901 2ND ST S MINNEAPOLIS MN 55415	JOSHUA D SHAFFER	CONDO GARAGE/MISCELLANEOUS	$29,600
MN	Unknown	—	—

Property History

Most Recent Sale

Date201004

Price$478,860

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$10,874