4708 29TH AVE S MINNEAPOLIS MN 55406

PID: 1302824110136

Property Overview

Parcel ID1302824110136

Lot Size5,064 sq ft (0.116 ac)

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

Year Built1939

Property ClassRESIDENTIAL

OwnerT S & P A PAVEK

Assessed Value$529,000

Land Value$204,000

Building Value$325,000

Annual Tax$8,260

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2008 · $121K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$5K

Customer First Contractors LLC

ResMay 2022Closed

CenterPoint Energy Resource Corp

RemodelOct 2019Closed

$2K

EGRESS WINDOW GUY

Building Re-inspectionFeb 2008

$113K

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~2,597 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 2,597 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4712 29TH AVE S MINNEAPOLIS MN 55406	LEE SWANSON & RACHEL SWANSON	RESIDENTIAL	$513,800	40 ft
4716 29TH AVE S MINNEAPOLIS MN 55406	M L ZEMBRYKI & J R LONG	RESIDENTIAL	$435,000	80 ft
4722 29TH AVE S MINNEAPOLIS MN 55406	D S FRASER & I V PONOMARENKO	RESIDENTIAL	$689,400	130 ft
4709 28TH AVE S MINNEAPOLIS MN 55406	S NWAIWU & J NWAIWU	RESIDENTIAL-TWO UNIT	$611,700	140 ft
4715 28TH AVE S MINNEAPOLIS MN 55406	HOWARD J VASQUEZ	RESIDENTIAL	$336,000	146 ft
4717 28TH AVE S MINNEAPOLIS MN 55406	JON IVERSON & EMINE BASGOZE	RESIDENTIAL	$459,500	162 ft
4721 28TH AVE S MINNEAPOLIS MN 55406	LONGSHAFT ENTERPRISES LLC	RESIDENTIAL-TWO UNIT	$476,800	186 ft
4707 29TH AVE S MINNEAPOLIS MN 55406	L C BAKER JR & A J J BAKER	RESIDENTIAL	$550,000	187 ft
4728 29TH AVE S MINNEAPOLIS MN 55406	S T RAPSON & N O RAPSON	RESIDENTIAL	$626,000	190 ft
4711 29TH AVE S MINNEAPOLIS MN 55406	D J TESKE & V R LAPPI	RESIDENTIAL	$430,000	191 ft

Property History

Most Recent Sale

Date199707

Price$129,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,260