4512 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824440004

Property Overview

Parcel ID1202824440004

Lot Size5,069 sq ft (0.116 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerC DRISCOLL & J DRAZKOWSKI

Assessed Value$339,200

Land Value$144,000

Building Value$195,200

Annual Tax$5,007

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2022 · $58K total declared value · Most recent: Nov 2025 (misc)

MiscNov 2025Closed

$19K

WINDOW CONCEPTS OF MINNESOTA INC

RemodelMay 2025Inspection

$7K

DBS RESIDENTIAL SOLUTIONS INC

AccessoryFeb 2024Closed

$17K

SUSSEL CORP

MiscJul 2023Closed

$15K

BUILT STRONG EXTERIORS LLC

ResMay 2022Closed

CenterPoint Energy Resource Corp

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth87 ft

Area~2,601 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 2,601 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4508 29TH AVE S MINNEAPOLIS MN 55406	KELLY J AHERNS	RESIDENTIAL	$315,500	40 ft
4516 29TH AVE S MINNEAPOLIS MN 55406	ROBERT ROEDL & MELISSA ROEDL	RESIDENTIAL	$248,000	40 ft
4504 29TH AVE S MINNEAPOLIS MN 55406	KATE WEBER	RESIDENTIAL	$264,900	80 ft
4520 29TH AVE S MINNEAPOLIS MN 55406	L E RILEY & M RANDAZZA-RILEY	RESIDENTIAL	$314,700	80 ft
4500 29TH AVE S MINNEAPOLIS MN 55406	SHARON ANN DAY	RESIDENTIAL	$254,100	120 ft
4524 29TH AVE S MINNEAPOLIS MN 55406	DANIEL FUJAN & ELEXI DAILEY	RESIDENTIAL	$284,800	120 ft
4513 28TH AVE S MINNEAPOLIS MN 55406	T L ULSTAD & G M WARNER	RESIDENTIAL-TWO UNIT	$345,300	140 ft
4517 28TH AVE S MINNEAPOLIS MN 55406	J L ROBERTS & R J ROBERTS	RESIDENTIAL-TWO UNIT	$343,800	146 ft
4509 28TH AVE S MINNEAPOLIS MN 55406	HIAWATHA PROP & SVCS LLC	RESIDENTIAL	$408,500	146 ft
4528 29TH AVE S MINNEAPOLIS MN 55406	JULIE A BERG	RESIDENTIAL	$356,700	160 ft

Property History

Most Recent Sale

Date201608

Price$341,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,007