8 GREENWAY GABLES MINNEAPOLIS MN 55403

PID: 2702924240146

Property Overview

Parcel ID2702924240146

Lot Size1,053 sq ft (0.024 ac)

Lot Dimensions (est.)47 ft wide × 22 ft deep

Year Built1978

Property ClassTOWNHOUSE

OwnerAMANDA FRAYEH/FARAH F YAZAWA

Assessed Value$477,200

Land Value$96,000

Building Value$381,200

Annual Tax$7,337

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

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 width17 ft

Buildable depth0 ft

Area~18 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

Potentially Feasible

Back-of-envelope estimate based on sfr / adu benchmarks for 18 sqft buildable area.

Est. units

Yield on cost

10.1%

Spread

+4.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
7 GREENWAY GABLES MINNEAPOLIS MN 55403	LAUREN E LINDERMAN	TOWNHOUSE	$493,300	27 ft
9 GREENWAY GABLES MINNEAPOLIS MN 55403	STEVEN E RUBIN	TOWNHOUSE	$524,300	30 ft
1401 YALE PL MINNEAPOLIS MN 55403	GREENWAY GABLES ASSOC INC	COMMON AREA	$0	35 ft
17 GREENWAY GABLES MINNEAPOLIS MN 55403	JOHN D & BERNA JO FRENCH	TOWNHOUSE	$559,600	45 ft
10 GREENWAY GABLES MINNEAPOLIS MN 55403	ERIC L ESKOLA	TOWNHOUSE	$483,600	59 ft
16 GREENWAY GABLES MINNEAPOLIS MN 55403	MERLE SHAPIRO	TOWNHOUSE	$484,700	70 ft
18 GREENWAY GABLES MINNEAPOLIS MN 55403	JENNIFER M SCHOENZEIT ETAL	TOWNHOUSE	$494,300	72 ft
6 GREENWAY GABLES MINNEAPOLIS MN 55403	DIANNE C HEINS	TOWNHOUSE	$560,700	80 ft
11 GREENWAY GABLES MINNEAPOLIS MN 55403	T SCHATTAUER & P CARLSON	TOWNHOUSE	$520,000	82 ft
13 GREENWAY GABLES MINNEAPOLIS MN 55403	ROBERT P GEORGE	TOWNHOUSE	$512,500	90 ft

Property History

Most Recent Sale

Date201701

Price$270,000

TypePROBATE DEED

Current Tax Year

Year2026

Tax Due$7,337