2816 E MINNEHAHA PKWY MINNEAPOLIS MN 55406

PID: 1302824110143

Property Overview

Parcel ID1302824110143

Lot Size5,783 sq ft (0.133 ac)

Lot Dimensions (est.)45 ft wide × 128 ft deep

Year Built1942

Property ClassRESIDENTIAL

OwnerL B DAVICH & B A JETTE

Assessed Value$514,000

Land Value$218,000

Building Value$296,000

Annual Tax$7,970

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $50K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Closed

$42K

RENEWAL BY ANDERSEN CORP

ExistresApr 2023Closed

Ray N Welter Heating Co

MiscJul 2020Closed

$8K

KAUFMAN SHEET METAL ROOFING INC

ExistresJul 2018Closed

H2C Inc

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$386K+4.2% YoY

Median price / sqft$263/sqft

Median days to close13 days

Active listings43

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 width34 ft

Buildable depth91 ft

Area~3,104 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 3,104 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
2820 E MINNEHAHA PKWY MINNEAPOLIS MN 55406	MAYSON LEE	RESIDENTIAL	$411,000	44 ft
2812 E MINNEHAHA PKWY MINNEAPOLIS MN 55406	JANET MORALES & LUIS MORALES	RESIDENTIAL	$409,000	44 ft
2810 E MINNEHAHA PKWY MINNEAPOLIS MN 55406	KRYSTYNA PEASE/MATTHEW RYAN	RESIDENTIAL	$603,900	92 ft
4732 29TH AVE S MINNEAPOLIS MN 55406	M J DOVE & J L LOGUE	RESIDENTIAL	$374,000	99 ft
2900 E MINNEHAHA PKWY MINNEAPOLIS MN 55406	MARY JO KANE REV TRUST	RESIDENTIAL	$521,900	149 ft
4728 29TH AVE S MINNEAPOLIS MN 55406	S T RAPSON & N O RAPSON	RESIDENTIAL	$626,000	149 ft
2800 E MINNEHAHA PKWY MINNEAPOLIS MN 55406	AARON J JANUSZ & LISA JANUSZ	RESIDENTIAL	$587,000	158 ft
4733 28TH AVE S MINNEAPOLIS MN 55406	MARY J ALLEN	RESIDENTIAL-TWO UNIT	$451,300	168 ft
2906 E MINNEHAHA PKWY MINNEAPOLIS MN 55406	JAMES W BARTSCH	RESIDENTIAL	$443,300	193 ft
4729 28TH AVE S MINNEAPOLIS MN 55406	BORIS KOYRAKH	RESIDENTIAL-TWO UNIT	$475,500	194 ft

Property History

Most Recent Sale

Date201306

Price$305,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,970