3924 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824110069

Property Overview

Parcel ID1202824110069

Lot Size5,041 sq ft (0.116 ac)

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

Year Built1929

Property ClassRESIDENTIAL

OwnerDORIS OVERBY

Assessed Value$226,200

Land Value$122,000

Building Value$104,200

Annual Tax$3,122

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

5 permits on record since 2022 · $20K total declared value · Most recent: Apr 2024 (res)

ResApr 2024Closed

Norblom Plumbing Co

ExistresApr 2024Closed

Binder Heating and Air Conditioning Inc

ExistresFeb 2024Closed

NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING

MiscNov 2023Closed

$20K

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~2,580 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 2,580 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
3920 29TH AVE S MINNEAPOLIS MN 55406	E E BUTLER & K J WIERZBICKI	RESIDENTIAL	$346,000	39 ft
3926 29TH AVE S MINNEAPOLIS MN 55406	LEE C THOMAS	RESIDENTIAL	$233,400	40 ft
3918 29TH AVE S MINNEAPOLIS MN 55406	JESSE T MARTIN TRUST	RESIDENTIAL	$260,600	78 ft
3930 29TH AVE S MINNEAPOLIS MN 55406	R WILLETT & M MILLER	RESIDENTIAL	$277,400	80 ft
2811 39TH ST E MINNEAPOLIS MN 55406	CITY OF MPLS	LAND-COMMERCIAL	$0	104 ft
3916 29TH AVE S MINNEAPOLIS MN 55406	JESSE T MARTIN TRUST	RESIDENTIAL	$236,200	117 ft
3934 29TH AVE S MINNEAPOLIS MN 55406	MATTHEW R AMUNDSON	RESIDENTIAL	$253,300	118 ft
3929 28TH AVE S MINNEAPOLIS MN 55406	TONY MORROW	RESIDENTIAL	$268,100	139 ft
3933 28TH AVE S MINNEAPOLIS MN 55406	LAUREN SHEGSTAD/SONYA MICKLE	RESIDENTIAL	$266,200	145 ft
3925 28TH AVE S MINNEAPOLIS MN 55406	S D & B L GROENKE	RESIDENTIAL-TWO UNIT	$366,800	145 ft

Property History

Current Tax Year

Year2026

Tax Due$3,122