5436 28TH AVE S MINNEAPOLIS MN 55417

PID: 2402824120009

Property Overview

Parcel ID2402824120009

Lot Size5,114 sq ft (0.117 ac)

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

Year Built1956

Property ClassRESIDENTIAL

OwnerLOREN BAUMGART & J BAUMGART

Assessed Value$339,700

Land Value$110,000

Building Value$229,700

Annual Tax$5,015

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

Wenonah · 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~2,635 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 2,635 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
5432 28TH AVE S MINNEAPOLIS MN 55417	PETER ZEDLER	RESIDENTIAL	$320,600	40 ft
5440 28TH AVE S MINNEAPOLIS MN 55417	SI ZI CHEN & HONG XIAN ZHENG	RESIDENTIAL	$347,800	40 ft
5428 28TH AVE S MINNEAPOLIS MN 55417	P J YOUNG & F A OLSEN	RESIDENTIAL	$324,400	80 ft
5444 28TH AVE S MINNEAPOLIS MN 55417	HRABE FAMILY TRUST	RESIDENTIAL	$349,300	80 ft
5448 28TH AVE S MINNEAPOLIS MN 55417	ADAM & IVY WISH-WERVEN	RESIDENTIAL	$287,600	120 ft
5422 28TH AVE S MINNEAPOLIS MN 55417	PATRICK REID SMITH	RESIDENTIAL-TWO UNIT	$447,300	140 ft
5437 27TH AVE S MINNEAPOLIS MN 55417	K A OELSCHLAGER ET AL	RESIDENTIAL	$308,600	142 ft
5433 27TH AVE S MINNEAPOLIS MN 55417	TIMOTHY & LORI A KAMRATH	RESIDENTIAL	$317,100	147 ft
5441 27TH AVE S MINNEAPOLIS MN 55417	SAMANTHA AMES & ROBERT AMES	RESIDENTIAL	$315,700	148 ft
5452 28TH AVE S MINNEAPOLIS MN 55417	ISMAIL AKHARAS	RESIDENTIAL	$330,000	160 ft

Property History

Most Recent Sale

Date201712

Price$256,900

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,015