5328 28TH AVE S MINNEAPOLIS MN 55417

PID: 1302824430157

Property Overview

Parcel ID1302824430157

Lot Size5,123 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1945

Property ClassRESIDENTIAL

OwnerS A PETZEL REVOC TRUST

Assessed Value$300,400

Land Value$124,000

Building Value$176,400

Annual Tax$4,360

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,481/mo

Renter-occupied13.7%

Median home value$353K

Vacancy rate3.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 118

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,642 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 2,642 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5324 28TH AVE S MINNEAPOLIS MN 55417	A W BECK & M MALLINGER	RESIDENTIAL	$288,800	40 ft
5332 28TH AVE S MINNEAPOLIS MN 55417	BRADLEY A SERVAIS	RESIDENTIAL	$314,500	40 ft
5320 28TH AVE S MINNEAPOLIS MN 55417	D J LANIGAN & C A JOHNSON	RESIDENTIAL	$297,800	80 ft
5336 28TH AVE S MINNEAPOLIS MN 55417	BRUCE MURCH	RESIDENTIAL	$307,800	80 ft
5316 28TH AVE S MINNEAPOLIS MN 55417	E RIGBY & S FJESTAD	RESIDENTIAL	$319,900	120 ft
5340 28TH AVE S MINNEAPOLIS MN 55417	S CHANHDARA & S J SILVERBERG	RESIDENTIAL	$300,600	120 ft
5329 27TH AVE S MINNEAPOLIS MN 55417	GLORIA A HOLMSTROM	RESIDENTIAL	$289,700	142 ft
5325 27TH AVE S MINNEAPOLIS MN 55417	LISA B JOHANSON	RESIDENTIAL	$332,400	147 ft
5333 27TH AVE S MINNEAPOLIS MN 55417	MATTHEW DECKER	RESIDENTIAL	$244,500	148 ft
5312 28TH AVE S MINNEAPOLIS MN 55417	JOSEPH FISHER	RESIDENTIAL	$268,400	160 ft

Property History

Most Recent Sale

Date201005

Price$217,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,360