3852 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824110087

Property Overview

Parcel ID1202824110087

Lot Size5,003 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1917

Property ClassRESIDENTIAL

OwnerW E DURESSO & G MULATA

Assessed Value$224,600

Land Value$121,000

Building Value$103,600

Annual Tax$3,096

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

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 depth85 ft

Area~2,554 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 2,554 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
3848 29TH AVE S MINNEAPOLIS MN 55406	CHERRIE L SCOTT	RESIDENTIAL	$337,200	40 ft
3856 29TH AVE S MINNEAPOLIS MN 55406	NICHOLAS MICHAELSON	RESIDENTIAL	$237,000	40 ft
3844 29TH AVE S MINNEAPOLIS MN 55406	J R ANDREWS & J T METZLER	RESIDENTIAL	$366,100	80 ft
3840 29TH AVE S MINNEAPOLIS MN 55406	H M HALTER & M A MCGUIRE	RESIDENTIAL	$446,100	119 ft
3900 29TH AVE S MINNEAPOLIS MN 55406	A D PETERSON & L A PETERSON	RESIDENTIAL-TWO UNIT	$356,900	139 ft
3853 28TH AVE S MINNEAPOLIS MN 55406	ALEX HARLEY GUNDERSON	RESIDENTIAL	$235,800	139 ft
3857 28TH AVE S MINNEAPOLIS MN 55406	JACK SAMELS	RESIDENTIAL-TWO UNIT	$388,100	145 ft
3849 28TH AVE S MINNEAPOLIS MN 55406	BENJAMIN STUDER	RESIDENTIAL-TWO UNIT	$323,300	145 ft
3836 29TH AVE S MINNEAPOLIS MN 55406	FREDERICK DESJARLAIT JR	RESIDENTIAL-TWO UNIT	$326,800	159 ft
3845 28TH AVE S MINNEAPOLIS MN 55406	RYAN POLEHONKA	RESIDENTIAL-TWO UNIT	$320,300	160 ft

Property History

Most Recent Sale

Date202402

Price$365,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,096