612 6TH AVE S E MINNEAPOLIS MN 55414

PID: 2402924230024

Property Overview

Parcel ID2402924230024

Lot Size6,124 sq ft (0.141 ac)

Lot Dimensions (est.)123 ft wide × 50 ft deep

Year Built1910

Property ClassAPARTMENT

OwnerDARCY E WESTLIND

Assessed Value$564,000

Land Value$134,300

Building Value$429,700

Annual Tax$15,411

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Potentially 4d-Eligible PropertyMedium

Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.

Minneapolis — 4d Affordable Housing Incentive ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

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 depth71 ft

Area~3,206 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 3,206 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
610 6TH AVE S E MINNEAPOLIS MN 55414	CHRISTENSEN REVOCABLE LIV TR	RESIDENTIAL	$404,600	50 ft
616 6TH AVE S E MINNEAPOLIS MN 55414	SHAWNTANA GIBBS	RESIDENTIAL-TWO UNIT	$391,800	56 ft
606 7TH ST S E MINNEAPOLIS MN 55414	800 DODD ROAD LLC	APARTMENT	$1,675,000	87 ft
608 6TH AVE S E MINNEAPOLIS MN 55414	CLIFFORD HOUSE LLC	RESIDENTIAL-TWO UNIT	$352,000	89 ft
612 7TH ST S E MINNEAPOLIS MN 55414	G DILL-D'ASCOLI/P D'ASCOLI	RESIDENTIAL-TWO UNIT	$453,800	99 ft
600 7TH ST S E MINNEAPOLIS MN 55414	PKR PROPERTY LLC	RESIDENTIAL-TWO UNIT	$384,900	108 ft
618 7TH ST S E MINNEAPOLIS MN 55414	GAEA DILL D'ASCOLI	VACANT LAND-RESIDENTIAL	$18,900	136 ft
611 6TH ST S E MINNEAPOLIS MN 55414	SAMIHA M RIFAI	RESIDENTIAL-TWO UNIT	$616,800	143 ft
613 6TH ST S E MINNEAPOLIS MN 55414	DB-BOYS LLC	RESIDENTIAL-TWO UNIT	$579,800	147 ft
605 6TH ST S E MINNEAPOLIS MN 55414	S L LUEDTKE-JONES/D B JONES	RESIDENTIAL-TWO UNIT	$476,100	151 ft

Property History

Most Recent Sale

Date199601

Price$160,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$15,411