613 6TH ST S E MINNEAPOLIS MN 55414

PID: 2402924230099

Property Overview

Parcel ID2402924230099

Lot Size6,660 sq ft (0.153 ac)

Lot Dimensions (est.)116 ft wide × 57 ft deep

Year Built1921

Property ClassRESIDENTIAL-TWO UNIT

OwnerDB-BOYS LLC

Assessed Value$579,800

Land Value$172,000

Building Value$407,800

Annual Tax$11,012

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2019 · $76K total declared value · Most recent: Jun 2022 (res)

ResJun 2022Closed

M and S Plumbing Inc

RemodelFeb 2022Closed

$70K

509 Real Estate Services LLC

ResDec 2021Closed

M and S Plumbing Inc

TempheatDec 2021Closed

Air Rite Mechanical Systems Inc

ExistresOct 2021Closed

Air Rite Mechanical Systems 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth127 ft

Area~3,795 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 3,795 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
615 6TH ST S E MINNEAPOLIS MN 55414	LIBERTY LENDING INC	APARTMENT	$553,300	44 ft
611 6TH ST S E MINNEAPOLIS MN 55414	SAMIHA M RIFAI	RESIDENTIAL-TWO UNIT	$616,800	46 ft
621 6TH ST S E MINNEAPOLIS MN 55414	BRIAN JACOBSEN	RESIDENTIAL-TWO UNIT	$418,000	90 ft
605 6TH ST S E MINNEAPOLIS MN 55414	S L LUEDTKE-JONES/D B JONES	RESIDENTIAL-TWO UNIT	$476,100	93 ft
610 6TH AVE S E MINNEAPOLIS MN 55414	CHRISTENSEN REVOCABLE LIV TR	RESIDENTIAL	$404,600	107 ft
608 6TH AVE S E MINNEAPOLIS MN 55414	CLIFFORD HOUSE LLC	RESIDENTIAL-TWO UNIT	$352,000	110 ft
618 7TH ST S E MINNEAPOLIS MN 55414	GAEA DILL D'ASCOLI	VACANT LAND-RESIDENTIAL	$18,900	122 ft
601 6TH ST S E MINNEAPOLIS MN 55414	C Y DEMERJIAN & C L HARDING	RESIDENTIAL	$367,700	135 ft
629 6TH ST S E MINNEAPOLIS MN 55414	629 6TH ST SE LLC	TRIPLEX	$560,300	146 ft
612 6TH AVE S E MINNEAPOLIS MN 55414	DARCY E WESTLIND	APARTMENT	$564,000	147 ft

Property History

Most Recent Sale

Date202206

Price$1,400,000

TypeSALE INCLUDES MORE THAN ONE PARCEL

Current Tax Year

Year2026

Tax Due$11,012