500 8TH AVE S E MINNEAPOLIS MN 55414

PID: 2402924230028

Property Overview

Parcel ID2402924230028

Lot Size21,978 sq ft (0.505 ac)

Lot Dimensions (est.)196 ft wide × 112 ft deep

Year Built1895

Property ClassCOMMERCIAL-PREFERRED

OwnerFIRST CONGREG CHURCH OF MN

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$521

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — Fifth Street SE

Development Opportunities

Historic district — Fifth Street SEHigh

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

Minneapolis Preservation & Landmarks ↗

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

Permit History

2 permits on record since 2020 · $30K total declared value · Most recent: Jun 2023 (roofwind)

RoofwindJun 2023Closed

$20K

INTEGRITY HOME IMPROVEMENT INC

RemodelJan 2020Closed

$10K

AMERICAN LIBERTY CONSTRUCTION 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

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 width183 ft

Buildable depth72 ft

Area~14,147 sqft

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

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
813 5TH ST S E MINNEAPOLIS MN 55414	PENGUIN PROPERTIES LLC	RESIDENTIAL	$311,000	87 ft
514 8TH AVE S E MINNEAPOLIS MN 55414	JOHN T ROHWEDDER TRUST	APARTMENT	$549,000	117 ft
524 8TH AVE S E MINNEAPOLIS MN 55414	MEERKAT LLC	RESIDENTIAL-TWO UNIT	$339,600	166 ft
806 6TH ST S E MINNEAPOLIS MN 55414	806 RENTALS LLC	RESIDENTIAL-TWO UNIT	$592,000	166 ft
820 6TH ST S E MINNEAPOLIS MN 55414	CITY OF MPLS	LAND-COMMERCIAL	$0	168 ft
810 6TH ST S E MINNEAPOLIS MN 55414	810 RENTALS LLC	TRIPLEX	$687,200	173 ft
814 6TH ST S E MINNEAPOLIS MN 55414	THAT PROPERTY PLACE LLC	RESIDENTIAL-TWO UNIT	$410,700	195 ft
505 8TH AVE S E MINNEAPOLIS MN 55414	SARA JAMES	TRIPLEX	$467,900	196 ft
509 8TH AVE S E MINNEAPOLIS MN 55414	BONJEAN PROPERTIES III LLC	RESIDENTIAL-TWO UNIT	$340,400	197 ft
501 8TH AVE S E MINNEAPOLIS MN 55414	501 8TH AVE SE LLC	APARTMENT	$551,100	205 ft

Property History

Current Tax Year

Year2026

Tax Due$521