1720 LOGAN AVE S MINNEAPOLIS MN 55403

PID: 2802924320026

Property Overview

Parcel ID2802924320026

Lot Size6,750 sq ft (0.155 ac)

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

Year Built1930

Property ClassRESIDENTIAL

OwnerN J PEARCE & S B PEARCE

Assessed Value$932,000

Land Value$297,000

Building Value$635,000

Annual Tax$15,883

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

11 permits on record since 2018 · $264K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$23K

LES JONES ROOFING INC

ResJul 2023Closed

CenterPoint Energy Resource Corp

ExistresJun 2023Expired

Hero Home Services LLC

MiscApr 2023Closed

$7K

CRAFTSMEN HOME IMPROVEMENT INC

MiscSep 2019Closed

$17K

CRAFTSMEN HOME IMPROVEMENT INC

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~3,799 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 3,799 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
1718 LOGAN AVE S MINNEAPOLIS MN 55403	LAUREL DONALDSON ULLAND	RESIDENTIAL	$815,000	50 ft
1724 LOGAN AVE S MINNEAPOLIS MN 55403	MARY O'BRIEN REVOCABLE TRUST	RESIDENTIAL	$1,129,300	50 ft
1728 LOGAN AVE S MINNEAPOLIS MN 55403	P R TOWNLEY & I J WEST	RESIDENTIAL	$946,000	100 ft
1710 LOGAN AVE S MINNEAPOLIS MN 55403	D J BRUGGEMAN/R K BRUGGEMAN	RESIDENTIAL	$1,367,200	112 ft
1721 MORGAN AVE S MINNEAPOLIS MN 55405	JAMES MAYER & ROCHELLE GUNN	RESIDENTIAL	$1,032,000	134 ft
1725 MORGAN AVE S MINNEAPOLIS MN 55405	E P & U M EDWARDSON	RESIDENTIAL	$999,000	144 ft
1717 MORGAN AVE S MINNEAPOLIS MN 55405	J E HEASLEY REVOCABLE TRUST	RESIDENTIAL	$890,500	144 ft
1715 MORGAN AVE S MINNEAPOLIS MN 55405	C W GOULD & G M KVENVOLD	RESIDENTIAL	$1,475,800	168 ft
1729 MORGAN AVE S MINNEAPOLIS MN 55405	DAVID B ZUCCO REVOCABLE TR	RESIDENTIAL	$1,453,700	175 ft
1734 LOGAN AVE S MINNEAPOLIS MN 55403	JON L SANDER & BETH A SANDER	RESIDENTIAL	$934,300	175 ft

Property History

Most Recent Sale

Date201706

Price$814,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$15,883