2704 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412

PID: 1111821330044

Property Overview

Parcel ID1111821330044

Lot Size6,947 sq ft (0.159 ac)

Lot Dimensions (est.)52 ft wide × 134 ft deep

Year Built1931

Property ClassRESIDENTIAL

OwnerP J WHELAN & V L PETERSON

Assessed Value$430,000

Land Value$68,000

Building Value$362,000

Annual Tax$6,487

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2002 · $100K total declared value · Most recent: Mar 2022 (existres)

ExistresMar 2022Closed

Standard Heating and Air Conditioning Inc

ExistresFeb 2018Closed

American Radon Mitigation INC

ResFeb 2017Closed

CENTERPOINT ENERGY

Building Re-inspectionMar 2002

$100K

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

Neighborhood Profile

Victory · Minneapolis

Median reported rent717/mo

Renter-occupied29.2%

Median home value$230K

Vacancy rate2.1%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1002

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth99 ft

Area~3,956 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 sfr / adu benchmarks for 3,956 sqft buildable area.

Est. units

Yield on cost

3.0%

Spread

-2.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2708 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	R C AHMANN REV TRUST ET AL	RESIDENTIAL	$428,000	50 ft
2700 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	A HENTGES & A M ROEPKE	RESIDENTIAL	$377,000	54 ft
2712 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	JENNIFER KARA KLAPHAKE	RESIDENTIAL	$347,500	100 ft
4515 UPTON AVE N MINNEAPOLIS MN 55412	SHANNON T MCGAUGHEY PER REP	RESIDENTIAL	$328,400	110 ft
2716 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	MARY M LEGACIE	RESIDENTIAL	$413,500	154 ft
4519 UPTON AVE N MINNEAPOLIS MN 55412	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	160 ft
4514 VINCENT AVE N MINNEAPOLIS MN 55412	GARY & LAUREN ODLE REV TRUST	RESIDENTIAL	$316,500	162 ft
2616 VICTORY MEMORIAL DR MINNEAPOLIS MN 55412	NATHAN LI/PAIGE SILFUGARIAN	RESIDENTIAL	$429,000	172 ft
4518 VINCENT AVE N MINNEAPOLIS MN 55412	MEGAN J SHARP	RESIDENTIAL	$326,100	199 ft
4523 UPTON AVE N MINNEAPOLIS MN 55412	D M & J J ZENANKO	RESIDENTIAL	$286,100	209 ft

Property History

Most Recent Sale

Date198309

Price$72,450

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$6,487