4500 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824440001

Property Overview

Parcel ID1202824440001

Lot Size4,915 sq ft (0.113 ac)

Lot Dimensions (est.)127 ft wide × 39 ft deep

Year Built1937

Property ClassRESIDENTIAL

OwnerSHARON ANN DAY

Assessed Value$254,100

Land Value$141,000

Building Value$113,100

Annual Tax$3,587

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $3K total declared value · Most recent: May 2022 (res)

ResMay 2022Closed

CenterPoint Energy Resource Corp

RemodelMay 2019Closed

$3K

SHARON A DAY

ResNov 2018Closed

SODERLIN PLUMBING HEATING AND AIR

MiscOct 2017Closed

$661

THE HOME DEPOT

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Ericsson · 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

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width114 ft

Buildable depth0 ft

Area~2,236 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,236 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4504 29TH AVE S MINNEAPOLIS MN 55406	KATE WEBER	RESIDENTIAL	$264,900	39 ft
4508 29TH AVE S MINNEAPOLIS MN 55406	KELLY J AHERNS	RESIDENTIAL	$315,500	80 ft
4456 29TH AVE S MINNEAPOLIS MN 55406	CAITLIN KELLY & RYAN WHITE	RESIDENTIAL	$296,800	99 ft
4512 29TH AVE S MINNEAPOLIS MN 55406	C DRISCOLL & J DRAZKOWSKI	RESIDENTIAL	$339,200	120 ft
4452 29TH AVE S MINNEAPOLIS MN 55406	B CAMPBELL & M HUEY	RESIDENTIAL	$335,400	139 ft
4501 28TH AVE S MINNEAPOLIS MN 55406	D S COMSTOCK & J C STEINBECK	RESIDENTIAL	$362,600	141 ft
4505 28TH AVE S MINNEAPOLIS MN 55406	M A RUEGEMER & S C RUEGEMER	RESIDENTIAL	$379,100	146 ft
4516 29TH AVE S MINNEAPOLIS MN 55406	ROBERT ROEDL & MELISSA ROEDL	RESIDENTIAL	$248,000	160 ft
4509 28TH AVE S MINNEAPOLIS MN 55406	HIAWATHA PROP & SVCS LLC	RESIDENTIAL	$408,500	161 ft
4459 28TH AVE S MINNEAPOLIS MN 55406	LAWRENCE WILZ & ANGELA WILZ	RESIDENTIAL-TWO UNIT	$429,500	172 ft

Property History

Most Recent Sale

Date198912

Price$62,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$3,587