1728 JAMES AVE S MINNEAPOLIS MN 55403

PID: 2802924310077

Property Overview

Parcel ID2802924310077

Lot Size6,747 sq ft (0.155 ac)

Lot Dimensions (est.)135 ft wide × 50 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerR W BARTELS & B J WEIGEL

Assessed Value$983,700

Land Value$275,000

Building Value$708,700

Annual Tax$17,204

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

13 permits on record since 2002 · $217K total declared value · Most recent: May 2024 (misc)

MiscMay 2024Final Inspection

$3K

Lenz Construction

ResOct 2023Closed

CenterPoint Energy Resource Corp

MiscAug 2023Closed

$18K

Lenz Construction

MiscJun 2023Closed

$10K

RITE-WAY WATERPROOFING

RemodelMay 2023Closed

$70K

WALDENWOOD LTD

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

Neighborhood Profile

Lowry Hill · Minneapolis

Median reported rent1,289/mo

Renter-occupied58.6%

Median home value$620K

Vacancy rate3.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1055

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

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 depth95 ft

Area~3,796 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 3,796 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1724 JAMES AVE S MINNEAPOLIS MN 55403	M ROBERTS & J E T ROBERTS	RESIDENTIAL	$638,200	50 ft
1736 JAMES AVE S MINNEAPOLIS MN 55403	BRENT K HAMES/SUSAN A HAMES	RESIDENTIAL	$1,268,800	75 ft
1720 JAMES AVE S MINNEAPOLIS MN 55403	BETTY WELCH WILLIAMS	RESIDENTIAL	$865,400	113 ft
1725 KNOX AVE S MINNEAPOLIS MN 55403	A M PURDUM & D D ECKBERG	RESIDENTIAL	$1,570,000	137 ft
1733 KNOX AVE S MINNEAPOLIS MN 55403	B BRADLEY & H J PEZZO	RESIDENTIAL-TWO UNIT	$1,108,200	143 ft
1737 KNOX AVE S MINNEAPOLIS MN 55403	BRUCE A NELSON/ANNE O NELSON	RESIDENTIAL-TWO UNIT	$776,800	168 ft
1721 KNOX AVE S MINNEAPOLIS MN 55403	DAVID W KELLEY	RESIDENTIAL	$831,700	174 ft
1729 JAMES AVE S MINNEAPOLIS MN 55403	KARL MYHRE & ALICIA MYHRE	RESIDENTIAL	$894,000	195 ft
1725 JAMES AVE S MINNEAPOLIS MN 55403	JANICE R KODET	VACANT LAND-RESIDENTIAL	$265,000	200 ft
1766 JAMES AVE S MINNEAPOLIS MN 55403	LISA BARGAS	CONDOMINIUM	$592,000	210 ft

Property History

Most Recent Sale

Date200107

Price$680,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$17,204