3100 HOLMES AVE S MINNEAPOLIS MN 55408

PID: 0402824210093

Property Overview

Parcel ID0402824210093

Lot Size5,618 sq ft (0.129 ac)

Lot Dimensions (est.)129 ft wide × 44 ft deep

Year Built1904

Property ClassRESIDENTIAL-TWO UNIT

OwnerK M THOMETZ & S C THOMETZ

Assessed Value$638,500

Land Value$222,000

Building Value$416,500

Annual Tax$10,330

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2023 · $35K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$35K

CAPITAL CONSTRUCTION LLC

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

Neighborhood Profile

East Bde Maka Ska · Minneapolis

Median reported rent1,601/mo

Renter-occupied66.9%

Median home value$643K

Vacancy rate7.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1080

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width116 ft

Buildable depth4 ft

Area~2,718 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 2,718 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
3104 HOLMES AVE S MINNEAPOLIS MN 55408	ALLISON MURN & BRIAN MURN	RESIDENTIAL-TWO UNIT	$533,900	45 ft
3108 HOLMES AVE S MINNEAPOLIS MN 55408	LANCE C MILLER	RESIDENTIAL	$467,800	90 ft
1461 31ST ST W MINNEAPOLIS MN 55408	BRIAN F MURN/ALLISON L MURN	RESIDENTIAL-TWO UNIT	$401,700	95 ft
1465 31ST ST W MINNEAPOLIS MN 55408	BLAKE HUPPERT	RESIDENTIAL-TWO UNIT	$410,400	126 ft
3112 HOLMES AVE S MINNEAPOLIS MN 55408	N ERICKSON & B RUXIN	RESIDENTIAL	$654,000	136 ft
3109 HUMBOLDT AVE S MINNEAPOLIS MN 55408	P SWEETMAN/KARI A KRAUTBAUER	RESIDENTIAL	$599,200	168 ft
3101 HUMBOLDT AVE S MINNEAPOLIS MN 55408	K SCHUBERT & K SCHUBERT	RESIDENTIAL-TWO UNIT	$415,200	172 ft
3105 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ANDREW LOOSS & JORDYN LOOSS	RESIDENTIAL-TWO UNIT	$384,900	178 ft
3116 HOLMES AVE S MINNEAPOLIS MN 55408	W WINTER & R LEONHART	RESIDENTIAL	$600,900	182 ft
1435 31ST ST W MINNEAPOLIS MN 55408	1435 LLC	APARTMENT	$2,882,000	188 ft

Property History

Most Recent Sale

Date198808

Price$155,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,330