724 15TH ST E MINNEAPOLIS MN 55404

PID: 2602924320085

Property Overview

Parcel ID2602924320085

Lot Size6,283 sq ft (0.144 ac)

Lot Dimensions (est.)52 ft wide × 121 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerNORTH CENTRAL UNIVERSITY

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$153

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Elliot Park · Minneapolis

Median reported rent965/mo

Renter-occupied70.9%

Median home value$419K

Vacancy rate9.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1054

Market Snapshot

Zip code 55404

Median sale price$306K+16.4% YoY

Median price / sqft$167/sqft

Median days to close92 days

Active listings57

Source: Redfin Data Center (Invalid Date) · Zip 55404

Zoning

RM3Residence and Institutional

Residential Mixed-Use 3 — higher-density mixed residential

Typical Uses

·High-density apartments
·Mixed-use buildings
·Ground-floor retail

Max Height95 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width42 ft

Buildable depth81 ft

Area~3,396 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
726 15TH ST E MINNEAPOLIS MN 55404	NORTH CENTRAL UNIVERSITY	LAND-COMMERCIAL	$0	39 ft
720 15TH ST E MINNEAPOLIS MN 55404	NORTH CENTRAL UNIVERSITY	LAND-COMMERCIAL	$0	52 ft
728 15TH ST E MINNEAPOLIS MN 55404	NORTH CENTRAL UNIVERSITY	LAND-COMMERCIAL	$0	65 ft
730 15TH ST E MINNEAPOLIS MN 55404	NORTH CENTRAL UNIVERSITY	LAND-COMMERCIAL	$0	91 ft
716 15TH ST E MINNEAPOLIS MN 55404	NORTH CENTRAL UNIVERSITY	LAND-COMMERCIAL	$0	91 ft
732 15TH ST E MINNEAPOLIS MN 55404	NORTH CENTRAL UNIVERSITY	LAND-COMMERCIAL	$0	117 ft
714 15TH ST E MINNEAPOLIS MN 55404	CHICAGO APARTMENTS LLC	VACANT LAND-APARTMENT	$81,000	117 ft
727 14TH ST E MINNEAPOLIS MN 55404	CHDC ELLIOT LTD PTNRSHP	LOW INCOME RENTAL	$1,446,300	130 ft
719 14TH ST E MINNEAPOLIS MN 55404	CHDC ELLIOT LTD PTNRSHP	LOW INCOME RENTAL	$391,500	130 ft
731 14TH ST E MINNEAPOLIS MN 55404	CHDC ELLIOT LTD PTNRSHP	LOW INCOME RENTAL	$32,000	138 ft

Property History

Most Recent Sale

Date200002

Price$500,000

Type—

Current Tax Year

Year2026

Tax Due$153