3621 28TH AVE S MINNEAPOLIS MN 55406

PID: 0102824440098

Property Overview

Parcel ID0102824440098

Lot Size8,205 sq ft (0.188 ac)

Lot Dimensions (est.)126 ft wide × 65 ft deep

Year Built1997

Property ClassRESIDENTIAL

OwnerKELLY K NEISEN

Assessed Value$307,100

Land Value$114,000

Building Value$193,100

Annual Tax$4,489

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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 width55 ft

Buildable depth86 ft

Area~4,745 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 4,745 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3617 28TH AVE S MINNEAPOLIS MN 55406	JIANHUA XUE & DANIELLE D LIU	RESIDENTIAL	$395,000	65 ft
3625 28TH AVE S MINNEAPOLIS MN 55406	DIW PROPERTIES LLC	RESIDENTIAL	$0	65 ft
3637 28TH AVE S MINNEAPOLIS MN 55406	BOISAUN ROBINSON	RESIDENTIAL	$244,100	117 ft
3609 28TH AVE S MINNEAPOLIS MN 55406	CIRINO GONZALEZ	RESIDENTIAL	$300,800	144 ft
3641 28TH AVE S MINNEAPOLIS MN 55406	STANDISH SENSATION LLC	RESIDENTIAL-TWO UNIT	$833,800	167 ft
3620 28TH AVE S MINNEAPOLIS MN 55406	FARON J HOULE	RESIDENTIAL	$249,200	192 ft
3616 28TH AVE S MINNEAPOLIS MN 55406	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	196 ft
3624 28TH AVE S MINNEAPOLIS MN 55406	B A HASSLER & J L HASSLER	RESIDENTIAL	$395,300	196 ft
3612 28TH AVE S MINNEAPOLIS MN 55406	S E HORSTMAN & C HORSTMAN	RESIDENTIAL	$270,800	208 ft
3626 28TH AVE S MINNEAPOLIS MN 55406	R JOHNSON & D N BURNETT	RESIDENTIAL	$388,700	209 ft

Property History

Most Recent Sale

Date200811

Price$175,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,489