1735 MORGAN AVE S MINNEAPOLIS MN 55405

PID: 2802924320030

Property Overview

Parcel ID2802924320030

Lot Size10,125 sq ft (0.232 ac)

Lot Dimensions (est.)135 ft wide × 75 ft deep

Year Built1908

Property ClassRESIDENTIAL

OwnerAPOSTOLOS GEORGOPOULOS ET AL

Assessed Value$1,054,600

Land Value$438,000

Building Value$616,600

Annual Tax$18,361

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2017 · $52K total declared value · Most recent: Jun 2024 (misc)

MiscJun 2024Final Inspection

$52K

ALLSTAR CONSTRUCTION COMMERCIAL LLC

ResNov 2017Closed

Urban Pine Plumbing and Mechanical 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 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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width122 ft

Buildable depth35 ft

Area~5,887 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 5,887 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1729 MORGAN AVE S MINNEAPOLIS MN 55405	DAVID B ZUCCO REVOCABLE TR	RESIDENTIAL	$1,453,700	75 ft
1734 LOGAN AVE S MINNEAPOLIS MN 55403	JON L SANDER & BETH A SANDER	RESIDENTIAL	$934,300	135 ft
1725 MORGAN AVE S MINNEAPOLIS MN 55405	E P & U M EDWARDSON	RESIDENTIAL	$999,000	138 ft
1728 LOGAN AVE S MINNEAPOLIS MN 55403	P R TOWNLEY & I J WEST	RESIDENTIAL	$946,000	160 ft
1721 MORGAN AVE S MINNEAPOLIS MN 55405	JAMES MAYER & ROCHELLE GUNN	RESIDENTIAL	$1,032,000	188 ft
1724 LOGAN AVE S MINNEAPOLIS MN 55403	MARY O'BRIEN REVOCABLE TRUST	RESIDENTIAL	$1,129,300	192 ft
1720 LOGAN AVE S MINNEAPOLIS MN 55403	N J PEARCE & S B PEARCE	RESIDENTIAL	$932,000	231 ft
1717 MORGAN AVE S MINNEAPOLIS MN 55405	J E HEASLEY REVOCABLE TRUST	RESIDENTIAL	$890,500	238 ft
1718 LOGAN AVE S MINNEAPOLIS MN 55403	LAUREL DONALDSON ULLAND	RESIDENTIAL	$815,000	273 ft
1715 MORGAN AVE S MINNEAPOLIS MN 55405	C W GOULD & G M KVENVOLD	RESIDENTIAL	$1,475,800	288 ft

Property History

Most Recent Sale

Date199103

Price$500,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$18,361