3107 29TH AVE S MINNEAPOLIS MN 55406

PID: 0102824110068

Property Overview

Parcel ID0102824110068

Lot Size7,117 sq ft (0.163 ac)

Lot Dimensions (est.)156 ft wide × 46 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerRUTH KENDRICK & FABIAN BEAN

Assessed Value$314,800

Land Value$127,000

Building Value$187,800

Annual Tax$4,618

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

Longfellow · Minneapolis

Median reported rent1,037/mo

Renter-occupied58.5%

Median home value$302K

Vacancy rate13.8%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1088

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width36 ft

Buildable depth115 ft

Area~4,132 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 4,132 sqft buildable area.

Est. units

Yield on cost

4.1%

Spread

-1.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3105 29TH AVE S MINNEAPOLIS MN 55406	MELISSA A ENGELS	RESIDENTIAL	$257,500	38 ft
3111 29TH AVE S MINNEAPOLIS MN 55406	KERRI A KIMM	RESIDENTIAL-TWO UNIT	$425,900	45 ft
3101 29TH AVE S MINNEAPOLIS MN 55406	AMY E HAYS	RESIDENTIAL	$301,800	67 ft
3115 29TH AVE S MINNEAPOLIS MN 55406	SARAH R KRON	RESIDENTIAL-TWO UNIT	$373,100	91 ft
3119 29TH AVE S MINNEAPOLIS MN 55406	BARBARA LYNN SCOTFORD	RESIDENTIAL	$337,800	137 ft
3033 29TH AVE S MINNEAPOLIS MN 55406	KATHERINE ZOBRO & A DANIELS	RESIDENTIAL	$218,400	174 ft
3108 30TH AVE S MINNEAPOLIS MN 55406	SARAH LILLIAN/AARON OLCERST	RESIDENTIAL	$407,500	174 ft
3104 30TH AVE S MINNEAPOLIS MN 55406	SUSAN E PERRY	RESIDENTIAL	$327,900	175 ft
3112 30TH AVE S MINNEAPOLIS MN 55406	ANDREA JANE TREMAINE	RESIDENTIAL	$282,200	182 ft
3125 29TH AVE S MINNEAPOLIS MN 55406	MARVEL A DEVITT	RESIDENTIAL	$189,100	182 ft

Property History

Most Recent Sale

Date202402

Price$319,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,618