707 KENWOOD PKWY MINNEAPOLIS MN 55403

PID: 2802924420042

Property Overview

Parcel ID2802924420042

Lot Size10,593 sq ft (0.243 ac)

Lot Dimensions (est.)79 ft wide × 134 ft deep

Year Built1928

Property ClassRESIDENTIAL

OwnerJANICE E POST-WHITE TRUSTEE

Assessed Value$978,500

Land Value$333,000

Building Value$645,500

Annual Tax$17,216

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2017 · $12K total declared value · Most recent: Sep 2025 (existres)

ExistresSep 2025Closed

SEDGWICK HEATING & AIR CONDITIONING

ResAug 2024Closed

GRABOW PLUMBING INC

ExistresAug 2024Closed

Heating and Cooling Two Inc

RemodelJul 2024Closed

$12K

SYLVESTRE CONSTRUCTION INC

ExistresOct 2017Closed

SEDGWICK HEATING AND AIR CONDITIONING

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 width131 ft

Buildable depth35 ft

Area~4,577 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 4,577 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
705 KENWOOD PKWY MINNEAPOLIS MN 55403	C SICULAR/T CAMARENA-MICHEL	RESIDENTIAL	$701,500	77 ft
11 SUMMIT PL MINNEAPOLIS MN 55403	D L FERRY & A H STAEGER	RESIDENTIAL-ZERO LOT LINE	$603,300	93 ft
715 KENWOOD PKWY MINNEAPOLIS MN 55403	S WEINSTEIN & D H LEVEY	RESIDENTIAL	$1,182,100	113 ft
1600 NORTHROP LA MINNEAPOLIS MN 55403	C SICULAR/T CAMARENA-MICHEL	VACANT LAND-RESIDENTIAL	$3,200	122 ft
15 SUMMIT PL MINNEAPOLIS MN 55403	L HERON & T HERON	RESIDENTIAL-ZERO LOT LINE	$728,300	132 ft
717 KENWOOD PKWY MINNEAPOLIS MN 55403	R L REUL & J R JONES	RESIDENTIAL	$885,400	166 ft
33 SUMMIT PL MINNEAPOLIS MN 55403	NICHOLAS ELLIOTT	RESIDENTIAL	$1,029,000	185 ft
1600 NORTHROP LA MINNEAPOLIS MN 55403	GARY B ROGERS/ANNE W ROGERS	RESIDENTIAL	$738,200	189 ft
1604 NORTHROP LA MINNEAPOLIS MN 55403	G RITTER & A L FAIRCHILD	RESIDENTIAL	$1,246,000	200 ft
701 KENWOOD PKWY MINNEAPOLIS MN 55403	P IRVIN REVOCABLE TRUST	RESIDENTIAL	$581,200	214 ft

Property History

Most Recent Sale

Date198408

Price$210,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$17,216