3641 28TH AVE S MINNEAPOLIS MN 55406

PID: 0102824440037

Property Overview

Parcel ID0102824440037

Lot Size7,602 sq ft (0.175 ac)

Lot Dimensions (est.)126 ft wide × 60 ft deep

Year Built2022

Property ClassRESIDENTIAL-TWO UNIT

OwnerSTANDISH SENSATION LLC

Assessed Value$833,800

Land Value$132,000

Building Value$701,800

Annual Tax$15,835

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

5 permits on record since 2022 · $531K total declared value · Most recent: Jan 2023 (res)

ResJan 2023Closed

Street Plumbing Inc

NewresSep 2022Closed

$34K

SWIFT HEATING & AIR CONDITIONING INC

ResSep 2022Closed

Street Plumbing Inc

NewAug 2022Closed

$492K

Excel Homes Inc

PrivateAug 2022Closed

$5K

StraightLine Lawn & Landscaping LLC

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,426/mo

Renter-occupied41.7%

Median home value$261K

Vacancy rate3.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1087

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 width50 ft

Buildable depth87 ft

Area~4,332 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 4,332 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3647 28TH AVE S MINNEAPOLIS MN 55406	MAILY LEAVITT/THOMAS LEAVITT	RESIDENTIAL	$285,200	50 ft
3637 28TH AVE S MINNEAPOLIS MN 55406	BOISAUN ROBINSON	RESIDENTIAL	$244,100	50 ft
3653 28TH AVE S MINNEAPOLIS MN 55406	ALLISON SMITH & DAVID BOWMAN	RESIDENTIAL	$296,600	100 ft
3625 28TH AVE S MINNEAPOLIS MN 55406	DIW PROPERTIES LLC	RESIDENTIAL	$0	103 ft
3657 28TH AVE S MINNEAPOLIS MN 55406	DENNIS MARTIN & APRIL MARTIN	RESIDENTIAL	$246,900	150 ft
2830 37TH ST E MINNEAPOLIS MN 55406	MPLS PUBLIC HOUSING AUTH	APARTMENT	$0	157 ft
3621 28TH AVE S MINNEAPOLIS MN 55406	KELLY K NEISEN	RESIDENTIAL	$307,100	167 ft
3634 28TH AVE S MINNEAPOLIS MN 55406	KATHLEEN A NITSCHKE	RESIDENTIAL	$243,400	192 ft
3636 28TH AVE S MINNEAPOLIS MN 55406	J WILLIAMS & M A WILLIAMS	TRIPLEX	$746,900	195 ft
3630 28TH AVE S MINNEAPOLIS MN 55406	DARREN W LOCHNER	RESIDENTIAL	$261,000	198 ft

Property History

Most Recent Sale

Date202304

Price$1,278,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$15,835