3712 29TH AVE S MINNEAPOLIS MN 55406

PID: 0102824440046

Property Overview

Parcel ID0102824440046

Lot Size5,064 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerJAMES MOTZ & BETHANY MOTZ

Assessed Value$262,700

Land Value$118,000

Building Value$144,700

Annual Tax$3,985

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 · $14K total declared value · Most recent: Apr 2024 (misc)

MiscApr 2024Expired

$14K

WISE DESIGN & REMODEL LLC

ResJan 2023Closed

CenterPoint Energy Resource Corp

ExistresAug 2020Closed

ST PAUL PLUMBING AND HEATING CO INC

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,597 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 2,597 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3708 29TH AVE S MINNEAPOLIS MN 55406	IBIZA LLC	RESIDENTIAL	$232,100	40 ft
3716 29TH AVE S MINNEAPOLIS MN 55406	SHAWNNA KRAMER/JOHN SWANSON	RESIDENTIAL	$681,700	40 ft
3720 29TH AVE S MINNEAPOLIS MN 55406	YVETTE L KRASKEY	RESIDENTIAL	$246,500	80 ft
2815 37TH ST E MINNEAPOLIS MN 55406	ABIGAIL ALLAN	RESIDENTIAL	$313,000	99 ft
2825 37TH ST E MINNEAPOLIS MN 55406	KRISHNA DORNEY	RESIDENTIAL	$139,000	105 ft
3724 29TH AVE S MINNEAPOLIS MN 55406	THAT PROPERTY PLACE LLC	RESIDENTIAL	$287,900	120 ft
3713 28TH AVE S MINNEAPOLIS MN 55406	ALEXIS WILLARD	RESIDENTIAL	$296,800	138 ft
3709 28TH AVE S MINNEAPOLIS MN 55406	MARGARET A CHUN	RESIDENTIAL	$257,800	144 ft
3717 28TH AVE S MINNEAPOLIS MN 55406	DANIEL DAHL & LYDIA DAHL	RESIDENTIAL	$272,100	147 ft
3728 29TH AVE S MINNEAPOLIS MN 55406	B & L WRIGHT	RESIDENTIAL	$234,500	160 ft

Property History

Most Recent Sale

Date201310

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,985