612 7TH ST S E MINNEAPOLIS MN 55414

PID: 2402924230020

Property Overview

Parcel ID2402924230020

Lot Size9,103 sq ft (0.209 ac)

Lot Dimensions (est.)129 ft wide × 71 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerG DILL-D'ASCOLI/P D'ASCOLI

Assessed Value$453,800

Land Value$195,000

Building Value$258,800

Annual Tax$8,619

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $4K total declared value · Most recent: Feb 2025 (res)

ResFeb 2025Closed

Farr Plumbing and Heating LLC

ResDec 2017Closed

Boe Plumbing Inc

ResJun 2017Closed

J & E Plumbing LLC

RemodelJun 2017Closed

$4K

Douglas Fagerhaugh

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width45 ft

Buildable depth126 ft

Area~5,648 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 small multifamily (2–4 units, wood frame) benchmarks for 5,648 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
606 7TH ST S E MINNEAPOLIS MN 55414	800 DODD ROAD LLC	APARTMENT	$1,675,000	62 ft
618 7TH ST S E MINNEAPOLIS MN 55414	G DIL-D'ASCOLI & J RITENOUR	RESIDENTIAL-TWO UNIT	$382,600	63 ft
618 7TH ST S E MINNEAPOLIS MN 55414	GAEA DILL D'ASCOLI	VACANT LAND-RESIDENTIAL	$18,900	72 ft
612 6TH AVE S E MINNEAPOLIS MN 55414	DARCY E WESTLIND	APARTMENT	$564,000	99 ft
622 7TH ST S E MINNEAPOLIS MN 55414	S T HARRIMAN & L B ZIEGAHN	RESIDENTIAL	$329,300	102 ft
616 6TH AVE S E MINNEAPOLIS MN 55414	SHAWNTANA GIBBS	RESIDENTIAL-TWO UNIT	$391,800	110 ft
600 7TH ST S E MINNEAPOLIS MN 55414	PKR PROPERTY LLC	RESIDENTIAL-TWO UNIT	$384,900	121 ft
610 6TH AVE S E MINNEAPOLIS MN 55414	CHRISTENSEN REVOCABLE LIV TR	RESIDENTIAL	$404,600	126 ft
617 7TH AVE S E MINNEAPOLIS MN 55414	JODI STORLEY IRREV TR ET AL	RESIDENTIAL	$529,000	144 ft
626 7TH ST S E MINNEAPOLIS MN 55414	ANDREW SAUCEMAN	RESIDENTIAL-TWO UNIT	$390,800	145 ft

Property History

Most Recent Sale

Date202307

Price$400,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,619