2405 CROMWELL DR MINNEAPOLIS MN 55410

PID: 1702824440056

Property Overview

Parcel ID1702824440056

Lot Size6,058 sq ft (0.139 ac)

Lot Dimensions (est.)51 ft wide × 120 ft deep

Year Built1929

Property ClassRESIDENTIAL

OwnerGRACE C PETERSON

Assessed Value$624,600

Land Value$254,000

Building Value$370,600

Annual Tax$10,344

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2004 · $224K total declared value · Most recent: Feb 2026 (existres)

ExistresFeb 2026Inspection

Dean's Professional Plumbing Inc

ResJan 2020Closed

Warners Stellian Co Inc

ExistresDec 2018Closed

Advanced Heating & Air Conditioning LLC

ResDec 2018Closed

Blue Water Plumbing Inc

RemodelNov 2018Closed

$4K

TLC RESTORATION

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Minneapolis

Median reported rent1,771/mo

Renter-occupied10.4%

Median home value$551K

Vacancy rate5.7%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1113

Market Snapshot

Zip code 55410

Median sale price$626K+10.3% YoY

Median price / sqft$312/sqft

Median days to close30 days

Active listings56

Source: Redfin Data Center (Invalid Date) · Zip 55410

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth81 ft

Area~3,244 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 sfr / adu benchmarks for 3,244 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2401 CROMWELL DR MINNEAPOLIS MN 55410	BRIAN DELONG/GEORGINA DELONG	RESIDENTIAL	$536,000	50 ft
2411 CROMWELL DR MINNEAPOLIS MN 55410	D J TILLMAN & N G LEVEN	RESIDENTIAL	$588,700	50 ft
2327 CROMWELL DR MINNEAPOLIS MN 55410	T S SKARDA REV TR ET AL	RESIDENTIAL	$662,200	100 ft
2415 CROMWELL DR MINNEAPOLIS MN 55410	W B LILLY-TAYLOR/J N TAYLOR	RESIDENTIAL	$504,500	100 ft
2406 54TH ST W MINNEAPOLIS MN 55410	JOHN R WAREHAM ETAL	RESIDENTIAL	$383,400	121 ft
2400 54TH ST W MINNEAPOLIS MN 55410	R B BROOKS & N M DAHLIN	RESIDENTIAL	$449,800	131 ft
2410 54TH ST W MINNEAPOLIS MN 55410	ERIC BARRETTE/LESLIE ASHTON	RESIDENTIAL	$644,700	131 ft
2419 CROMWELL DR MINNEAPOLIS MN 55410	L F WEST & S N WEST TRUSTS	RESIDENTIAL	$506,900	147 ft
2325 CROMWELL DR MINNEAPOLIS MN 55410	JEFFREY WILLIAM LAUX JR	RESIDENTIAL	$672,500	150 ft
2326 54TH ST W MINNEAPOLIS MN 55410	K S DEINPARVAR/F DEINPARVAR	RESIDENTIAL	$541,700	157 ft

Property History

Most Recent Sale

Date200305

Price$479,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,344