3104 HOLMES AVE S MINNEAPOLIS MN 55408

PID: 0402824210094

Property Overview

Parcel ID0402824210094

Lot Size5,889 sq ft (0.135 ac)

Lot Dimensions (est.)129 ft wide × 46 ft deep

Year Built1900

Property ClassRESIDENTIAL-TWO UNIT

OwnerALLISON MURN & BRIAN MURN

Assessed Value$533,900

Land Value$238,000

Building Value$295,900

Annual Tax$10,100

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

9 permits on record since 2019 · $164K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$15K

Storm ReNU LLC

ExistresDec 2022Closed

Standard Heating and Air Conditioning Inc

ResMar 2021Closed

Paladin Plumbing LLC

ExistresOct 2020Closed

Perfection Heating and Air Conditioning Inc

ResSep 2020Closed

Master Plumbing Services 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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width36 ft

Buildable depth88 ft

Area~3,170 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 3,170 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
3100 HOLMES AVE S MINNEAPOLIS MN 55408	K M THOMETZ & S C THOMETZ	RESIDENTIAL-TWO UNIT	$638,500	45 ft
3108 HOLMES AVE S MINNEAPOLIS MN 55408	LANCE C MILLER	RESIDENTIAL	$467,800	46 ft
3112 HOLMES AVE S MINNEAPOLIS MN 55408	N ERICKSON & B RUXIN	RESIDENTIAL	$654,000	92 ft
1461 31ST ST W MINNEAPOLIS MN 55408	BRIAN F MURN/ALLISON L MURN	RESIDENTIAL-TWO UNIT	$401,700	94 ft
1465 31ST ST W MINNEAPOLIS MN 55408	BLAKE HUPPERT	RESIDENTIAL-TWO UNIT	$410,400	126 ft
3116 HOLMES AVE S MINNEAPOLIS MN 55408	W WINTER & R LEONHART	RESIDENTIAL	$600,900	138 ft
3109 HUMBOLDT AVE S MINNEAPOLIS MN 55408	P SWEETMAN/KARI A KRAUTBAUER	RESIDENTIAL	$599,200	148 ft
3113 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ERIKA A BRASK	RESIDENTIAL	$634,800	168 ft
3105 HUMBOLDT AVE S MINNEAPOLIS MN 55408	ANDREW LOOSS & JORDYN LOOSS	RESIDENTIAL-TWO UNIT	$384,900	172 ft
3101 HUMBOLDT AVE S MINNEAPOLIS MN 55408	K SCHUBERT & K SCHUBERT	RESIDENTIAL-TWO UNIT	$415,200	177 ft

Property History

Most Recent Sale

Date201808

Price$570,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,100