3944 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824110063

Property Overview

Parcel ID1202824110063

Lot Size5,044 sq ft (0.116 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerRICHARD A PLUGER

Assessed Value$263,500

Land Value$122,000

Building Value$141,500

Annual Tax$3,745

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: Nov 2023 (misc)

MiscNov 2023Closed

$12K

THOMPSON EXTERIORS 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

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 width30 ft

Buildable depth86 ft

Area~2,582 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 2,582 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
3948 29TH AVE S MINNEAPOLIS MN 55406	EVAN CONNOLLY	RESIDENTIAL	$226,200	39 ft
3940 29TH AVE S MINNEAPOLIS MN 55406	JOHN VREYENS	RESIDENTIAL	$278,500	40 ft
3938 29TH AVE S MINNEAPOLIS MN 55406	DENNIS MARYNAK	RESIDENTIAL	$236,000	80 ft
3934 29TH AVE S MINNEAPOLIS MN 55406	MATTHEW R AMUNDSON	RESIDENTIAL	$253,300	120 ft
3955 28TH AVE S MINNEAPOLIS MN 55406	GLORIA J EVERSON	RESIDENTIAL	$243,300	140 ft
3959 28TH AVE S MINNEAPOLIS MN 55406	RHS LLC	COMMERCIAL-PREFERRED	$358,000	145 ft
3951 28TH AVE S MINNEAPOLIS MN 55406	KIRSTEN GROHOVSKY	RESIDENTIAL	$306,500	145 ft
3930 29TH AVE S MINNEAPOLIS MN 55406	R WILLETT & M MILLER	RESIDENTIAL	$277,400	158 ft
3947 28TH AVE S MINNEAPOLIS MN 55406	TRAVIS CLARK/ANNA CLARK	RESIDENTIAL	$325,700	161 ft
3941 28TH AVE S MINNEAPOLIS MN 55406	KYLE JOSEPH FRANKE	RESIDENTIAL	$245,200	184 ft

Property History

Most Recent Sale

Date200111

Price$117,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,745