715 KENWOOD PKWY MINNEAPOLIS MN 55403

PID: 2802924420072

Property Overview

Parcel ID2802924420072

Lot Size7,334 sq ft (0.168 ac)

Lot Dimensions (est.)50 ft wide × 147 ft deep

Year Built1921

Property ClassRESIDENTIAL

OwnerS WEINSTEIN & D H LEVEY

Assessed Value$1,182,100

Land Value$285,000

Building Value$897,100

Annual Tax$20,955

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2002 · $617K total declared value · Most recent: Feb 2024 (misc)

MiscFeb 2024Closed

$31K

GARLOCK FRENCH ROOFING

ExistresDec 2022Closed

TEAM MECHANICAL INC

ResNov 2022Closed

GRABOW PLUMBING INC

RemodelOct 2022Closed

$26K

SYLVESTRE CONSTRUCTION INC

ResFeb 2019Closed

Warners Stellian Co 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

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 width37 ft

Buildable depth107 ft

Area~962 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 962 sqft buildable area.

Est. units

Yield on cost

2.0%

Spread

-3.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
717 KENWOOD PKWY MINNEAPOLIS MN 55403	R L REUL & J R JONES	RESIDENTIAL	$885,400	55 ft
721 KENWOOD PKWY MINNEAPOLIS MN 55403	ERIC A MILLS	RESIDENTIAL	$728,000	104 ft
707 KENWOOD PKWY MINNEAPOLIS MN 55403	JANICE E POST-WHITE TRUSTEE	RESIDENTIAL	$978,500	113 ft
727 KENWOOD PKWY MINNEAPOLIS MN 55403	ERIC ANDREW MILLS	RESIDENTIAL	$388,600	153 ft
11 SUMMIT PL MINNEAPOLIS MN 55403	D L FERRY & A H STAEGER	RESIDENTIAL-ZERO LOT LINE	$603,300	164 ft
30 SUMMIT PL MINNEAPOLIS MN 55403	J PHILLIP DWORSKY	RESIDENTIAL	$954,300	177 ft
705 KENWOOD PKWY MINNEAPOLIS MN 55403	C SICULAR/T CAMARENA-MICHEL	RESIDENTIAL	$701,500	191 ft
15 SUMMIT PL MINNEAPOLIS MN 55403	L HERON & T HERON	RESIDENTIAL-ZERO LOT LINE	$728,300	200 ft
33 SUMMIT PL MINNEAPOLIS MN 55403	NICHOLAS ELLIOTT	RESIDENTIAL	$1,029,000	216 ft
735 KENWOOD PKWY MINNEAPOLIS MN 55403	CRAIG PASCHKE/CAROL PASCHKE	RESIDENTIAL-TWO UNIT	$965,000	227 ft

Property History

Most Recent Sale

Date198811

Price$155,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$20,955