2823 GLENWOOD AVE MINNEAPOLIS MN 55405

PID: 2002924430020

Property Overview

Parcel ID2002924430020

Lot Size5,007 sq ft (0.115 ac)

Lot Dimensions (est.)45 ft wide × 111 ft deep

Year Built1947

Property ClassRESIDENTIAL-TWO UNIT

OwnerMARK K & LOREN SALVO BAIRD

Assessed Value$412,500

Land Value$172,000

Building Value$240,500

Annual Tax$7,993

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · $15K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Closed

$15K

ASHCO EXTERIORS INC

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

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth71 ft

Area~2,281 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 2,281 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2817 GLENWOOD AVE MINNEAPOLIS MN 55405	MERRICK M MAYER	RESIDENTIAL-TWO UNIT	$437,800	45 ft
2815 GLENWOOD AVE MINNEAPOLIS MN 55405	ROBERT S IBLER	RESIDENTIAL-TWO UNIT	$437,700	90 ft
318 WASHBURN AVE N MINNEAPOLIS MN 55405	MERRICK M MAYER	RESIDENTIAL	$393,700	98 ft
2901 GLENWOOD AVE MINNEAPOLIS MN 55405	CONSTANCE B JEROME	RESIDENTIAL	$328,700	103 ft
2809 GLENWOOD AVE MINNEAPOLIS MN 55405	AMANDA L S DEGIDIO	RESIDENTIAL	$338,300	135 ft
314 WASHBURN AVE N MINNEAPOLIS MN 55405	P QUINN & A K JOHNSON	RESIDENTIAL	$356,500	136 ft
2905 GLENWOOD AVE MINNEAPOLIS MN 55405	VINCENT J GELLERMAN ET AL	RESIDENTIAL	$371,700	145 ft
319 WASHBURN AVE N MINNEAPOLIS MN 55405	CATHERINE J ROHRMAN	RESIDENTIAL	$445,200	171 ft
310 WASHBURN AVE N MINNEAPOLIS MN 55405	A R AUCHTER & B D AUCHTER	RESIDENTIAL	$417,200	174 ft
2805 GLENWOOD AVE MINNEAPOLIS MN 55405	LINDA L BARTLING	RESIDENTIAL-TWO UNIT	$443,400	180 ft

Property History

Most Recent Sale

Date200810

Price$169,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,993