5 GREENWAY GABLES MINNEAPOLIS MN 55403

PID: 2702924240143

Property Overview

Parcel ID2702924240143

Lot Size1,296 sq ft (0.030 ac)

Lot Dimensions (est.)47 ft wide × 27 ft deep

Year Built1978

Property ClassTOWNHOUSE

OwnerC ANTHONY HOLMES TR ET AL

Assessed Value$536,100

Land Value$118,000

Building Value$418,100

Annual Tax$8,426

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

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

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Loring Park · Minneapolis

Median reported rent1,242/mo

Renter-occupied66.4%

Median home value$260K

Vacancy rate10.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1052.01

Market Snapshot

Zip code 55403

Median sale price$315K+32.9% YoY

Median price / sqft$205/sqft

Median days to close111 days

Active listings62

Source: Redfin Data Center (Invalid Date) · Zip 55403

Zoning

RM3Residence and Institutional

Residential Mixed-Use 3 — higher-density mixed residential

Typical Uses

·High-density apartments
·Mixed-use buildings
·Ground-floor retail

Max Height95 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width38 ft

Buildable depth0 ft

Area~495 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 495 sqft buildable area.

Est. units

Yield on cost

4.3%

Spread

-1.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4 GREENWAY GABLES MINNEAPOLIS MN 55403	ANDREA NIEVES/AJAY PRAKASH	TOWNHOUSE	$557,500	27 ft
6 GREENWAY GABLES MINNEAPOLIS MN 55403	DIANNE C HEINS	TOWNHOUSE	$560,700	29 ft
3 GREENWAY GABLES MINNEAPOLIS MN 55403	JUDITH L MORGAN TRUSTEE	TOWNHOUSE	$500,800	54 ft
7 GREENWAY GABLES MINNEAPOLIS MN 55403	LAUREN E LINDERMAN	TOWNHOUSE	$493,300	69 ft
19 GREENWAY GABLES MINNEAPOLIS MN 55403	JOAN FITZGIBBONS	TOWNHOUSE	$417,300	73 ft
18 GREENWAY GABLES MINNEAPOLIS MN 55403	JENNIFER M SCHOENZEIT ETAL	TOWNHOUSE	$494,300	79 ft
20 GREENWAY GABLES MINNEAPOLIS MN 55403	J A SMEDSRUD & O I MIRODONE	TOWNHOUSE	$600,300	86 ft
8 GREENWAY GABLES MINNEAPOLIS MN 55403	AMANDA FRAYEH/FARAH F YAZAWA	TOWNHOUSE	$477,200	94 ft
2 GREENWAY GABLES MINNEAPOLIS MN 55403	ANN MORQUE & KYLE MORQUE	TOWNHOUSE	$655,900	96 ft
17 GREENWAY GABLES MINNEAPOLIS MN 55403	JOHN D & BERNA JO FRENCH	TOWNHOUSE	$559,600	106 ft

Property History

Most Recent Sale

Date200108

Price$440,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$8,426