287 VINCENT AVE N MINNEAPOLIS MN 55405

PID: 2002924430062

Property Overview

Parcel ID2002924430062

Lot Size6,404 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerJ R WARREN & G M RUMORE

Assessed Value$633,000

Land Value$219,000

Building Value$414,000

Annual Tax$10,221

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2006 · $213K total declared value · Most recent: Feb 2024 (res)

ResFeb 2024Closed

WOODLAND STOVES & FIREPLACES

MiscNov 2023Closed

$9K

ASHCO EXTERIORS INC

ResAug 2020Closed

Guptil Contracting Inc

ResOct 2018Closed

My Plumber Inc

RemodelJul 2018Closed

$8K

SHARPE CONSTRUCTION LLC

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth88 ft

Area~3,522 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 3,522 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
291 VINCENT AVE N MINNEAPOLIS MN 55405	SOO-YOUNG LEE	RESIDENTIAL	$446,900	50 ft
283 VINCENT AVE N MINNEAPOLIS MN 55405	D FAZIO & M A ANDREWS	RESIDENTIAL	$745,000	53 ft
295 VINCENT AVE N MINNEAPOLIS MN 55405	D M NILSEN & L R NILSEN TR	RESIDENTIAL	$398,700	100 ft
286 WASHBURN AVE N MINNEAPOLIS MN 55405	K L SODERBERG & S B HARVEY	RESIDENTIAL	$731,900	142 ft
299 VINCENT AVE N MINNEAPOLIS MN 55405	D L & M E RUSK	RESIDENTIAL-TWO UNIT	$489,100	150 ft
290 WASHBURN AVE N MINNEAPOLIS MN 55405	BRUCE C ANDERSON SPC NDS TR	RESIDENTIAL	$403,600	150 ft
282 WASHBURN AVE N MINNEAPOLIS MN 55405	ANNE HARTMAN/PATRICK HARTMAN	RESIDENTIAL	$693,200	151 ft
257 VINCENT AVE N MINNEAPOLIS MN 55405	RANDY L MOE	RESIDENTIAL	$380,400	161 ft
294 WASHBURN AVE N MINNEAPOLIS MN 55405	MARY ELLEN DOHERTY	RESIDENTIAL	$410,800	173 ft
284 VINCENT AVE N MINNEAPOLIS MN 55405	MARILYN L HOLME	RESIDENTIAL	$357,900	188 ft

Property History

Most Recent Sale

Date201805

Price$515,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,221