35 GREENWAY GABLES MINNEAPOLIS MN 55403

PID: 2702924240522

Property Overview

Parcel ID2702924240522

Lot Size1,226 sq ft (0.028 ac)

Lot Dimensions (est.)53 ft wide × 23 ft deep

Year Built1979

Property ClassTOWNHOUSE

OwnerM STANNARD & C STANNARD

Assessed Value$522,200

Land Value$111,000

Building Value$411,200

Annual Tax$8,207

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 width43 ft

Buildable depth0 ft

Area~91 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 91 sqft buildable area.

Est. units

Yield on cost

7.6%

Spread

+2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1331 YALE PL MINNEAPOLIS MN 55403	GREENWAY GABLES ASSN INC	COMMON AREA	$0	18 ft
34 GREENWAY GABLES MINNEAPOLIS MN 55403	JANET WATSON & JOHN WATSON	TOWNHOUSE	$558,500	27 ft
36 GREENWAY GABLES MINNEAPOLIS MN 55403	SCOTT WILKINS	TOWNHOUSE	$538,200	27 ft
37 GREENWAY GABLES MINNEAPOLIS MN 55403	RITA B GOODMAN REV TRUST	TOWNHOUSE	$558,500	54 ft
33 GREENWAY GABLES MINNEAPOLIS MN 55403	N DEOLIVEIRA JR ET AL	TOWNHOUSE	$502,900	80 ft
38 GREENWAY GABLES MINNEAPOLIS MN 55403	WESTBY LIVING TRUST	TOWNHOUSE	$542,500	81 ft
32 GREENWAY GABLES MINNEAPOLIS MN 55403	ERIC DALBOM & MELINDA BORS	TOWNHOUSE	$487,900	82 ft
24 GREENWAY GABLES MINNEAPOLIS MN 55403	S M MORRIS & J R MORRIS JR	TOWNHOUSE	$536,100	89 ft
31 GREENWAY GABLES MINNEAPOLIS MN 55403	M D RYERSE & A GOOCH	TOWNHOUSE	$454,800	92 ft
25 GREENWAY GABLES MINNEAPOLIS MN 55403	C C CLEVELAND/P A BLOODGOOD	TOWNHOUSE	$558,500	103 ft

Property History

Most Recent Sale

Date202409

Price$545,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,207