21 GREENWAY GABLES MINNEAPOLIS MN 55403

PID: 2702924240520

Property Overview

Parcel ID2702924240520

Lot Size1,790 sq ft (0.041 ac)

Lot Dimensions (est.)54 ft wide × 33 ft deep

Year Built1978

Property ClassTOWNHOUSE

OwnerNANCY L SHAPIRO REVOC TRUST

Assessed Value$616,300

Land Value$158,000

Building Value$458,300

Annual Tax$9,949

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2025 · $33K total declared value · Most recent: Dec 2025 (existres)

ExistresDec 2025Closed

WENZEL HEATING AND AIR CONDITIONING

RoofwindAug 2025Final Inspection

$33K

GITTLEMAN CONSTRUCTION & MAINTENANCE CORPORATION

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

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 width44 ft

Buildable depth0 ft

Area~241 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 241 sqft buildable area.

Est. units

Yield on cost

4.7%

Spread

-0.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
22 GREENWAY GABLES MINNEAPOLIS MN 55403	L F JACOB & H S JACOB TRSTE	TOWNHOUSE	$519,000	35 ft
23 GREENWAY GABLES MINNEAPOLIS MN 55403	BASILICA OF ST MARY OF MPLS	TOWNHOUSE	$535,000	75 ft
20 GREENWAY GABLES MINNEAPOLIS MN 55403	J A SMEDSRUD & O I MIRODONE	TOWNHOUSE	$600,300	83 ft
40 GREENWAY GABLES MINNEAPOLIS MN 55403	V WALKER & K WALKER	TOWNHOUSE	$561,800	87 ft
39 GREENWAY GABLES MINNEAPOLIS MN 55403	DAVID A MUNN/LINDA M LUKSAN	TOWNHOUSE	$594,900	91 ft
19 GREENWAY GABLES MINNEAPOLIS MN 55403	JOAN FITZGIBBONS	TOWNHOUSE	$417,300	98 ft
24 GREENWAY GABLES MINNEAPOLIS MN 55403	S M MORRIS & J R MORRIS JR	TOWNHOUSE	$536,100	100 ft
18 GREENWAY GABLES MINNEAPOLIS MN 55403	JENNIFER M SCHOENZEIT ETAL	TOWNHOUSE	$494,300	110 ft
41 GREENWAY GABLES MINNEAPOLIS MN 55403	E V CUTTER & P M WILSON III	TOWNHOUSE	$631,300	114 ft
25 GREENWAY GABLES MINNEAPOLIS MN 55403	C C CLEVELAND/P A BLOODGOOD	TOWNHOUSE	$558,500	118 ft

Property History

Most Recent Sale

Date201510

Price$540,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,949