3139 28TH AVE S MINNEAPOLIS MN 55406

PID: 0102824110098

Property Overview

Parcel ID0102824110098

Lot Size7,537 sq ft (0.173 ac)

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

Year Built1908

Property ClassRESIDENTIAL-TWO UNIT

OwnerH & R LANIER JR

Assessed Value$394,000

Land Value$122,000

Building Value$272,000

Annual Tax$5,944

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 2018 · $99K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$87K

Apex Exteriors LLC

RemodelSep 2023Closed

$12K

AMERICAN WATERWORKS

ExistresJun 2018Closed

Ray N Welter Heating Co

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 width38 ft

Buildable depth117 ft

Area~4,450 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 4,450 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
3143 28TH AVE S MINNEAPOLIS MN 55406	J P & K L SUNDEEN	RESIDENTIAL-TWO UNIT	$397,000	47 ft
3135 28TH AVE S MINNEAPOLIS MN 55406	ANDREW R HARRINGTON	RESIDENTIAL	$407,000	47 ft
3147 28TH AVE S MINNEAPOLIS MN 55406	COREY DOOLEY ET AL	RESIDENTIAL-TWO UNIT	$416,100	93 ft
3131 28TH AVE S MINNEAPOLIS MN 55406	SEYED ALIREZA POURBAKHSH	RESIDENTIAL	$307,600	94 ft
3151 28TH AVE S MINNEAPOLIS MN 55406	3151 LLC	RESIDENTIAL-TWO UNIT	$376,500	140 ft
3127 28TH AVE S MINNEAPOLIS MN 55406	JUSTIN G WOODY	RESIDENTIAL-TWO UNIT	$410,300	141 ft
3140 29TH AVE S MINNEAPOLIS MN 55406	K S KLAPSTE & A J ROMER	RESIDENTIAL	$314,300	171 ft
3136 29TH AVE S MINNEAPOLIS MN 55406	MARK S HENNESSY LIV TRUST	RESIDENTIAL	$306,300	178 ft
3142 29TH AVE S MINNEAPOLIS MN 55406	K M L SMILEY & E L B LEANDER	RESIDENTIAL-TWO UNIT	$408,900	178 ft
3123 28TH AVE S MINNEAPOLIS MN 55406	NANCY J MURPHY	RESIDENTIAL	$275,600	188 ft

Property History

Current Tax Year

Year2026

Tax Due$5,944