821 DOUGLAS AVE MINNEAPOLIS MN 55403

PID: 2802924440484

Property Overview

Parcel ID2802924440484

Lot Size11,300 sq ft (0.259 ac)

Lot Dimensions (est.)75 ft wide × 150 ft deep

Year Built1963

Property ClassCONDOMINIUM

OwnerLISA LEPPA

Assessed Value$146,000

Land Value$12,400

Building Value$128,000

Annual Tax$1,821

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

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

Market Snapshot

Zip code 55403

Median sale price$315K+32.9% YoY

Median price / sqft$205/sqft

Median days to close111 days

Active listings62

Source: Redfin Data Center (Invalid Date) · Zip 55403

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 width62 ft

Buildable depth110 ft

Area~6,859 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 6,859 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value
821 DOUGLAS AVE MINNEAPOLIS MN 55403	C F JAQUE PINO & J MORAES	CONDOMINIUM	$201,100
821 DOUGLAS AVE MINNEAPOLIS MN 55403	KATHERINE M NIELSEN	CONDOMINIUM	$218,100
821 DOUGLAS AVE MINNEAPOLIS MN 55403	CHRISTOPHER B KOCH	CONDOMINIUM	$145,000
821 DOUGLAS AVE MINNEAPOLIS MN 55403	821 DOUGLAS LLC	CONDOMINIUM	$228,100
821 DOUGLAS AVE MINNEAPOLIS MN 55403	YEN TRAN	CONDOMINIUM	$150,000
821 DOUGLAS AVE MINNEAPOLIS MN 55403	PRESTON WALKLET	CONDOMINIUM	$226,100
821 DOUGLAS AVE MINNEAPOLIS MN 55403	PETER J RICE	CONDOMINIUM	$159,100
821 DOUGLAS AVE MINNEAPOLIS MN 55403	ZIEGLER ROCKETT INVESTMENTS	CONDOMINIUM	$217,100
821 DOUGLAS AVE MINNEAPOLIS MN 55403	V DAN & I HENDRICKSON	CONDOMINIUM	$233,100
821 DOUGLAS AVE MINNEAPOLIS MN 55403	B K FOLEY LAND & DEV INC	CONDOMINIUM	$145,000

Property History

Most Recent Sale

Date202002

Price$155,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$1,821