3255 SHERIDAN AVE N MINNEAPOLIS MN 55412

PID: 0802924140031

Property Overview

Parcel ID0802924140031

Lot Size5,104 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerADAN OLIVAN CORTES

Assessed Value$263,600

Land Value$32,000

Building Value$231,600

Annual Tax$4,043

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2023 · $34K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$10K

I Got A Guy LLC

ExistresApr 2023Closed

Dean's Professional Plumbing Inc

MiscFeb 2023Closed

$24K

Window Nation LLC

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

Neighborhood Profile

Minneapolis

Median reported rent2,095/mo

Renter-occupied19.2%

Median home value$227K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1007

Market Snapshot

Zip code 55412

Median sale price$225K-2.2% YoY

Median price / sqft$172/sqft

Median days to close31 days

Active listings67

Source: Redfin Data Center (Invalid Date) · Zip 55412

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling 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 width114 ft

Buildable depth0 ft

Area~2,365 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 sfr / adu benchmarks for 2,365 sqft buildable area.

Est. units

Yield on cost

1.7%

Spread

-3.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3251 SHERIDAN AVE N MINNEAPOLIS MN 55412	COREY D LEE & QUINNEKA W LEE	RESIDENTIAL	$205,900	40 ft
3249 SHERIDAN AVE N MINNEAPOLIS MN 55412	SAMUEL SPAID	RESIDENTIAL	$223,900	80 ft
3301 SHERIDAN AVE N MINNEAPOLIS MN 55412	MAIJA PEURA	RESIDENTIAL	$109,000	101 ft
2515 33RD AVE N MINNEAPOLIS MN 55412	DEBRA M PETERSON	RESIDENTIAL	$122,000	103 ft
3245 SHERIDAN AVE N MINNEAPOLIS MN 55412	IRINA KOVALSKY/IGOR KOVALSKY	RESIDENTIAL	$215,900	120 ft
3307 SHERIDAN AVE N MINNEAPOLIS MN 55412	K DALY/A M DALY & W M DALY	RESIDENTIAL	$190,800	143 ft
3241 SHERIDAN AVE N MINNEAPOLIS MN 55412	DONALD HANSEN	RESIDENTIAL	$134,700	160 ft
3246 THOMAS AVE N MINNEAPOLIS MN 55412	VANCE STROAD ET AL	RESIDENTIAL	$225,500	162 ft
3254 THOMAS AVE N MINNEAPOLIS MN 55412	RAQUEL MAZUR & DYLAN N MAAS	RESIDENTIAL	$255,000	166 ft
3300 THOMAS AVE N MINNEAPOLIS MN 55412	J & A KRANS	RESIDENTIAL	$213,500	174 ft

Property History

Most Recent Sale

Date202501

Price$150,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,043