2117 LAUREL AVE W MINNEAPOLIS MN 55405

PID: 2802924220138

Property Overview

Parcel ID2802924220138

Lot Size6,250 sq ft (0.143 ac)

Lot Dimensions (est.)50 ft wide × 125 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerPAUL J CARR & JULIE F CARR

Assessed Value$474,400

Land Value$196,000

Building Value$278,400

Annual Tax$7,257

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2018 · $39K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Closed

$2K

WINDOW CONCEPTS OF MINNESOTA INC

ExistresJul 2024Inspection

Professional Mechanical Services LLC

MiscNov 2023Closed

$12K

ASHCO EXTERIORS INC

MiscNov 2023Closed

$15K

ASHCO EXTERIORS INC

ExistresOct 2021Closed

GV Heating and Air Inc

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

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

Market Snapshot

Zip code 55405

Median sale price$530K+73.8% YoY

Median price / sqft$270/sqft

Median days to close45 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55405

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth85 ft

Area~3,401 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 3,401 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2121 LAUREL AVE W MINNEAPOLIS MN 55405	JACKIE TIELEMAN WARD	RESIDENTIAL	$575,500	50 ft
2111 LAUREL AVE W MINNEAPOLIS MN 55405	CURT A HANSEN	RESIDENTIAL	$499,500	50 ft
417 OLIVER AVE S MINNEAPOLIS MN 55405	J M JOHNSON & D J PASCHKE	RESIDENTIAL	$436,000	95 ft
2109 LAUREL AVE W MINNEAPOLIS MN 55405	TIMOTHY M LEHNER	RESIDENTIAL	$373,000	100 ft
2105 LAUREL AVE W MINNEAPOLIS MN 55405	JAN BACA & KRISTYNA BACOVA	RESIDENTIAL	$484,900	150 ft
421 OLIVER AVE S MINNEAPOLIS MN 55405	L M MARASCO REV LIV TR ET AL	RESIDENTIAL	$577,900	155 ft
2112 LAUREL AVE W MINNEAPOLIS MN 55405	N HANGSLEBEN & M JARVIS	RESIDENTIAL	$423,700	174 ft
2120 LAUREL AVE W MINNEAPOLIS MN 55405	ELAINE E HETTICH	RESIDENTIAL	$241,000	175 ft
2116 LAUREL AVE W MINNEAPOLIS MN 55405	R K MALER & E B MALER	RESIDENTIAL	$433,200	182 ft
2125 LAUREL AVE W MINNEAPOLIS MN 55405	R J & P M NEVIN	RESIDENTIAL	$670,500	185 ft

Property History

Most Recent Sale

Date199604

Price$64,700

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,257