4420 29TH AVE S MINNEAPOLIS MN 55406

PID: 1202824440204

Property Overview

Parcel ID1202824440204

Lot Size5,066 sq ft (0.116 ac)

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

Year Built1950

Property ClassRESIDENTIAL

OwnerL J GRAFFUNDER BARTELS ET AL

Assessed Value$447,100

Land Value$144,000

Building Value$303,100

Annual Tax$6,807

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2017 · $103K total declared value · Most recent: May 2024 (existres)

ExistresMay 2024Closed

4Front Energy Solutions Inc

ResMay 2022Closed

CenterPoint Energy Resource Corp

ResAug 2020Closed

Nybo Peterson Plumbing Co Inc

ExistresAug 2020Closed

PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING

AdditionJul 2020Closed

$103K

NORTHRUP REMODELING

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~2,599 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 2,599 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4416 29TH AVE S MINNEAPOLIS MN 55406	JONATHAN DAVID GOURDOUX	RESIDENTIAL	$334,900	40 ft
4424 29TH AVE S MINNEAPOLIS MN 55406	MICHAEL R LOVE	RESIDENTIAL	$355,300	40 ft
4412 29TH AVE S MINNEAPOLIS MN 55406	R A LARSON/STEVEN S LATHROP	RESIDENTIAL	$302,700	80 ft
4428 29TH AVE S MINNEAPOLIS MN 55406	JADE A DENSON/AWUSHIE FAYOSE	RESIDENTIAL	$382,100	80 ft
4408 29TH AVE S MINNEAPOLIS MN 55406	KATHRYN A RAMIREZ	RESIDENTIAL	$251,000	120 ft
4432 29TH AVE S MINNEAPOLIS MN 55406	JIDANA JAMES	RESIDENTIAL	$396,200	120 ft
4421 28TH AVE S MINNEAPOLIS MN 55406	N E BLAKE & SHANNON L BLAKE	RESIDENTIAL	$354,100	140 ft
4425 28TH AVE S MINNEAPOLIS MN 55406	OPEN DOOR INVESTMENTS LLC	RESIDENTIAL	$275,400	146 ft
4417 28TH AVE S MINNEAPOLIS MN 55406	K LIU & D LIU	RESIDENTIAL	$340,300	146 ft
4404 29TH AVE S MINNEAPOLIS MN 55406	S JOSEPHSON & V JOSPEHSON	RESIDENTIAL-TWO UNIT	$487,400	160 ft

Property History

Most Recent Sale

Date201411

Price$204,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,807