3841 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824110042

Property Overview

Parcel ID1202824110042

Lot Size5,095 sq ft (0.117 ac)

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

Year Built1928

Property ClassRESIDENTIAL

OwnerJACQUELINE J SANDAU

Assessed Value$298,600

Land Value$123,000

Building Value$175,600

Annual Tax$4,329

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

4 permits on record since 2020 · Most recent: Jun 2023 (existres)

ExistresJun 2023Closed

Owens Companies Inc

ResApr 2022Closed

CenterPoint Energy Resource Corp

ResJul 2020Closed

Warners Stellian Co Inc

ExistresJun 2020Closed

Standard Heating and Air Conditioning Inc

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~2,620 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 2,620 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
3837 29TH AVE S MINNEAPOLIS MN 55406	F S ROBINSON & S P SCANLON	RESIDENTIAL	$351,700	40 ft
3845 29TH AVE S MINNEAPOLIS MN 55406	ERIC A KJER & ANGELA LACKEY	RESIDENTIAL	$279,200	40 ft
3833 29TH AVE S MINNEAPOLIS MN 55406	AUDREY SMITH & TIM KASENO	RESIDENTIAL	$298,700	80 ft
3849 29TH AVE S MINNEAPOLIS MN 55406	AISSA GONZAGA	RESIDENTIAL	$286,700	80 ft
3829 29TH AVE S MINNEAPOLIS MN 55406	ROBERT THOMAS SCOTT	RESIDENTIAL	$277,600	120 ft
3853 29TH AVE S MINNEAPOLIS MN 55406	D H GROSTEPHAN ET AL	RESIDENTIAL	$282,900	120 ft
3840 30TH AVE S MINNEAPOLIS MN 55406	RUTH A ERICKSON	RESIDENTIAL	$837,300	141 ft
3836 30TH AVE S MINNEAPOLIS MN 55406	SHERRY CRAYNE	RESIDENTIAL	$254,600	146 ft
3844 30TH AVE S MINNEAPOLIS MN 55406	SHARAYAH CONRATH	RESIDENTIAL	$375,400	146 ft
3857 29TH AVE S MINNEAPOLIS MN 55406	D A KAUFMAN & M A KAUFMAN	RESIDENTIAL	$296,600	158 ft

Property History

Current Tax Year

Year2026

Tax Due$4,329