3125 29TH AVE S MINNEAPOLIS MN 55406

PID: 0102824110086

Property Overview

Parcel ID0102824110086

Lot Size7,432 sq ft (0.171 ac)

Lot Dimensions (est.)159 ft wide × 47 ft deep

Year Built1913

Property ClassRESIDENTIAL

OwnerMARVEL A DEVITT

Assessed Value$189,100

Land Value$130,000

Building Value$59,100

Annual Tax$2,513

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

3 permits on record since 2020 · $7K total declared value · Most recent: Apr 2025 (res)

ResApr 2025Inspection

FFM LLC

MiscJun 2024Closed

$7K

One Nation Exteriors LLC

ExistresMay 2020Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 width37 ft

Buildable depth118 ft

Area~4,372 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 4,372 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
3119 29TH AVE S MINNEAPOLIS MN 55406	BARBARA LYNN SCOTFORD	RESIDENTIAL	$337,800	45 ft
3129 29TH AVE S MINNEAPOLIS MN 55406	PATRICIA L MILLARD	RESIDENTIAL	$297,100	47 ft
3115 29TH AVE S MINNEAPOLIS MN 55406	SARAH R KRON	RESIDENTIAL-TWO UNIT	$373,100	90 ft
3133 29TH AVE S MINNEAPOLIS MN 55406	MOHAMED-KARIM EZZAT	RESIDENTIAL-TWO UNIT	$181,200	93 ft
3111 29TH AVE S MINNEAPOLIS MN 55406	KERRI A KIMM	RESIDENTIAL-TWO UNIT	$425,900	136 ft
3137 29TH AVE S MINNEAPOLIS MN 55406	LISA LYNN FENTON	RESIDENTIAL	$203,000	140 ft
3122 30TH AVE S MINNEAPOLIS MN 55406	JESSE CARL WALKER	RESIDENTIAL	$295,500	171 ft
3120 30TH AVE S MINNEAPOLIS MN 55406	M D IACONO & E R KLAASSEN	RESIDENTIAL	$242,300	177 ft
3124 30TH AVE S MINNEAPOLIS MN 55406	EDWARD FRANK TANNER	RESIDENTIAL	$256,700	177 ft
3107 29TH AVE S MINNEAPOLIS MN 55406	RUTH KENDRICK & FABIAN BEAN	RESIDENTIAL	$314,800	182 ft

Property History

Most Recent Sale

Date201509

Price$125,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,513