700 7TH ST S E MINNEAPOLIS MN 55414

PID: 2402924230008

Property Overview

Parcel ID2402924230008

Lot Size4,294 sq ft (0.099 ac)

Lot Dimensions (est.)90 ft wide × 48 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerELLEN/MICHAEL DEJARDINS TR

Assessed Value$453,100

Land Value$140,000

Building Value$313,100

Annual Tax$6,933

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $4K total declared value · Most recent: Sep 2022 (existres)

ExistresSep 2022Closed

Standard Heating and Air Conditioning Inc

ExistresJul 2022Closed

Binder Heating and Air Conditioning Inc

RemodelJun 2022Closed

$4K

MCDONALD REMODELING

ResJun 2022Closed

Riverside Mechanical Inc

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

Neighborhood Profile

Marcy Holmes · Minneapolis

Median reported rent1,144/mo

Renter-occupied96.6%

Median home value—

Vacancy rate12.5%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 38.01

Market Snapshot

Zip code 55414

Median sale price$385K+13.2% YoY

Median price / sqft$233/sqft

Median days to close91 days

Active listings36

Source: Redfin Data Center (Invalid Date) · Zip 55414

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Estimated · verify frontage

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width77 ft

Buildable depth8 ft

Area~1,305 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 small multifamily (2–4 units, wood frame) benchmarks for 1,305 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
622 7TH AVE S E MINNEAPOLIS MN 55414	STEVEN THORPE CHIODO	RESIDENTIAL-TWO UNIT	$366,700	54 ft
710 7TH ST S E MINNEAPOLIS MN 55414	DANIEL S TESCHKE	TRIPLEX	$477,100	76 ft
618 7TH AVE S E MINNEAPOLIS MN 55414	AMI J FRANCIS	RESIDENTIAL	$362,100	100 ft
712 7TH ST S E MINNEAPOLIS MN 55414	RAYMOND FINZEL ET AL	TRIPLEX	$653,700	116 ft
630 7TH ST S E MINNEAPOLIS MN 55414	BRET J ANDERSEN ETAL TRUSTEE	RESIDENTIAL-TWO UNIT	$396,500	131 ft
610 7TH AVE S E MINNEAPOLIS MN 55414	JEFFREY S LEWIS	RESIDENTIAL	$231,000	156 ft
718 7TH ST S E MINNEAPOLIS MN 55414	JILL J GRIFFITHS	RESIDENTIAL	$419,700	158 ft
621 7TH AVE S E MINNEAPOLIS MN 55414	MATSURF TECHNOLOGES INC ETAL	RESIDENTIAL	$224,900	159 ft
705 7TH ST S E MINNEAPOLIS MN 55414	C MOLLOY & F A CERDA	RESIDENTIAL	$492,200	168 ft
626 7TH ST S E MINNEAPOLIS MN 55414	ANDREW SAUCEMAN	RESIDENTIAL-TWO UNIT	$390,800	171 ft

Property History

Most Recent Sale

Date202011

Price$450,000

Type—

Current Tax Year

Year2026

Tax Due$6,933