3821 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824110037

Property Overview

Parcel ID1202824110037

Lot Size5,093 sq ft (0.117 ac)

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

Year Built1924

Property ClassRESIDENTIAL

OwnerK L R ERICSON & J R ERICSON

Assessed Value$286,900

Land Value$123,000

Building Value$163,900

Annual Tax$4,135

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

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

2 permits on record since 2022 · $12K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$12K

Bulletproof Builders LLC

ResApr 2022Closed

CenterPoint Energy Resource Corp

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

Neighborhood Profile

Standish · Minneapolis

Median reported rent1,387/mo

Renter-occupied12.2%

Median home value$296K

Vacancy rate5.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1102

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

UN3Urban Neighborhood 3

Urban Neighborhood 3 — medium-density residential

Typical Uses

·Apartment buildings
·Mixed-use with neighborhood retail

Max Height50 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,619 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 2,619 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3817 29TH AVE S MINNEAPOLIS MN 55406	GARTH E DANIELSON	RESIDENTIAL	$218,400	40 ft
3825 29TH AVE S MINNEAPOLIS MN 55406	SHAUN P FREEZE	RESIDENTIAL-TWO UNIT	$343,700	40 ft
3815 29TH AVE S MINNEAPOLIS MN 55406	CAROLINE SMART	RESIDENTIAL	$339,500	80 ft
3829 29TH AVE S MINNEAPOLIS MN 55406	ROBERT THOMAS SCOTT	RESIDENTIAL	$277,600	80 ft
3809 29TH AVE S MINNEAPOLIS MN 55406	C & L CRUMLY	RESIDENTIAL	$241,900	120 ft
3833 29TH AVE S MINNEAPOLIS MN 55406	AUDREY SMITH & TIM KASENO	RESIDENTIAL	$298,700	120 ft
3820 30TH AVE S MINNEAPOLIS MN 55406	ISLANDER HOMES LLC	RESIDENTIAL	$296,500	141 ft
3816 30TH AVE S MINNEAPOLIS MN 55406	STEVEN B WICKSTROM	RESIDENTIAL	$234,000	147 ft
3824 30TH AVE S MINNEAPOLIS MN 55406	WILLIAM SCHMIDT MCELLIGOTT	RESIDENTIAL	$316,100	147 ft
3837 29TH AVE S MINNEAPOLIS MN 55406	F S ROBINSON & S P SCANLON	RESIDENTIAL	$351,700	160 ft

Property History

Most Recent Sale

Date202107

Price$285,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,135