716 14TH ST E MINNEAPOLIS MN 55404

PID: 2602924320137

Property Overview

Parcel ID2602924320137

Lot Size3,691 sq ft (0.085 ac)

Lot Dimensions (est.)83 ft wide × 45 ft deep

Year Built1900

Property ClassCOMMERCIAL-PREFERRED

OwnerDREXEL APARTMENTS LLC

Assessed Value$134,100

Land Value$101,000

Building Value$33,100

Annual Tax$4,645

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictYes — Ninth Street South

Development Opportunities

Historic district — Ninth Street SouthHigh

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

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

DT1Downtown Center

Downtown Center 1 — urban core district

Typical Uses

·Office towers
·Hotels
·High-rise residential
·Entertainment
·Retail

Development Potential

Setbacks

Front0 ft

Side (each)0 ft

Rear0 ft

Estimated Buildable Footprint

Buildable width82 ft

Buildable depth45 ft

Area~3,690 sqft

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

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
719 10TH ST S MINNEAPOLIS MN 55404	DREXEL APARTMENTS LLC	RESIDENTIAL	$271,800	62 ft
711 10TH ST S MINNEAPOLIS MN 55404	DREXEL APARTMENTS LLC	COMMERCIAL-PREFERRED	$234,000	74 ft
725 10TH ST S MINNEAPOLIS MN 55404	NORTH CENTRAL BIBLE COLLEGE	COMMERCIAL-PREFERRED	$0	81 ft
1009 PARK AVE MINNEAPOLIS MN 55404	DREXEL APARTMENTS LLC	APARTMENT	$5,221,800	125 ft
729 10TH ST S MINNEAPOLIS MN 55404	BAND BOX INC	COMMERCIAL-NON PREFERRED	$170,100	137 ft
715 14TH ST E MINNEAPOLIS MN 55404	CHDC ELLIOT LTD PARTNERSHIP	LOW INCOME RENTAL	$221,400	150 ft
719 14TH ST E MINNEAPOLIS MN 55404	CHDC ELLIOT LTD PTNRSHP	LOW INCOME RENTAL	$391,500	153 ft
727 14TH ST E MINNEAPOLIS MN 55404	CHDC ELLIOT LTD PTNRSHP	LOW INCOME RENTAL	$1,446,300	176 ft
709 14TH ST E MINNEAPOLIS MN 55404	ELLIOTT E CONDO OWNRS ASSN	VACANT LAND-RESIDENTIAL	$415,000	177 ft
800 10TH ST S MINNEAPOLIS MN 55404	FOURTH COUNCIL PROPS LLC	COMMERCIAL-PREFERRED	$616,700	197 ft

Property History

Current Tax Year

Year2026

Tax Due$4,645