1728 LOGAN AVE S MINNEAPOLIS MN 55403

PID: 2802924320083

Property Overview

Parcel ID2802924320083

Lot Size6,783 sq ft (0.156 ac)

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

Year Built1898

Property ClassRESIDENTIAL

OwnerP R TOWNLEY & I J WEST

Assessed Value$946,000

Land Value$299,000

Building Value$647,000

Annual Tax$16,491

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $45K total declared value · Most recent: Apr 2024 (existres)

ExistresApr 2024Closed

GV Heating and Air Inc

MiscSep 2023Closed

$29K

Lenz Construction

ResSep 2018Closed

WOODLAND STOVES & FIREPLACES

MiscApr 2017Closed

$16K

KAUFMAN SHEET METAL ROOFING 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 depth96 ft

Area~949 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 sfr / adu benchmarks for 949 sqft buildable area.

Est. units

Yield on cost

1.9%

Spread

-3.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1724 LOGAN AVE S MINNEAPOLIS MN 55403	MARY O'BRIEN REVOCABLE TRUST	RESIDENTIAL	$1,129,300	50 ft
1734 LOGAN AVE S MINNEAPOLIS MN 55403	JON L SANDER & BETH A SANDER	RESIDENTIAL	$934,300	75 ft
1720 LOGAN AVE S MINNEAPOLIS MN 55403	N J PEARCE & S B PEARCE	RESIDENTIAL	$932,000	100 ft
1729 MORGAN AVE S MINNEAPOLIS MN 55405	DAVID B ZUCCO REVOCABLE TR	RESIDENTIAL	$1,453,700	135 ft
1725 MORGAN AVE S MINNEAPOLIS MN 55405	E P & U M EDWARDSON	RESIDENTIAL	$999,000	143 ft
1718 LOGAN AVE S MINNEAPOLIS MN 55403	LAUREL DONALDSON ULLAND	RESIDENTIAL	$815,000	150 ft
1735 MORGAN AVE S MINNEAPOLIS MN 55405	APOSTOLOS GEORGOPOULOS ET AL	RESIDENTIAL	$1,054,600	160 ft
1721 MORGAN AVE S MINNEAPOLIS MN 55405	JAMES MAYER & ROCHELLE GUNN	RESIDENTIAL	$1,032,000	168 ft
1820 DOUGLAS AVE MINNEAPOLIS MN 55403	AMEET SHAH	RESIDENTIAL-ZERO LOT LINE	$496,700	194 ft
1729 LOGAN AVE S MINNEAPOLIS MN 55403	H NELSON TR/J A GUNDERSEN TR	RESIDENTIAL	$1,010,000	196 ft

Property History

Most Recent Sale

Date201605

Price$855,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$16,491