4345 28TH AVE S MINNEAPOLIS MN 55406

PID: 1202824410019

Property Overview

Parcel ID1202824410019

Lot Size5,060 sq ft (0.116 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerDENNIS J ZIEBART

Assessed Value$395,500

Land Value$124,000

Building Value$271,500

Annual Tax$5,945

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

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 rent1,733/mo

Renter-occupied14.2%

Median home value$372K

Vacancy rate2.6%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1111

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

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth86 ft

Area~2,594 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 2,594 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
4349 28TH AVE S MINNEAPOLIS MN 55406	RORY J SNETSINGER	RESIDENTIAL	$265,700	40 ft
4341 28TH AVE S MINNEAPOLIS MN 55406	BRANDON WACKER & YOUNGA LEE	RESIDENTIAL	$378,400	40 ft
4353 28TH AVE S MINNEAPOLIS MN 55406	ERIC W OLSON	RESIDENTIAL	$327,400	80 ft
4337 28TH AVE S MINNEAPOLIS MN 55406	GERALD A SELLMAN	RESIDENTIAL-TWO UNIT	$362,900	80 ft
4357 28TH AVE S MINNEAPOLIS MN 55406	MELISSA NG	TRIPLEX	$539,000	120 ft
4333 28TH AVE S MINNEAPOLIS MN 55406	NICHOLAS E PAVLICK	RESIDENTIAL-TWO UNIT	$373,600	120 ft
4344 29TH AVE S MINNEAPOLIS MN 55406	R HARNEY & C HARNEY	RESIDENTIAL	$372,100	140 ft
4340 29TH AVE S MINNEAPOLIS MN 55406	O G OLSON & M ALHAMMAMI	RESIDENTIAL	$415,700	146 ft
4348 29TH AVE S MINNEAPOLIS MN 55406	CHRISTIAN BOHN/LISETTE BETTI	RESIDENTIAL	$331,700	146 ft
4329 28TH AVE S MINNEAPOLIS MN 55406	MARKO JAMES & JENNIFER JAMES	RESIDENTIAL-TWO UNIT	$350,000	160 ft

Property History

Current Tax Year

Year2026

Tax Due$5,945