41 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 2902924110017

Property Overview

Parcel ID2902924110017

Lot Size5,113 sq ft (0.117 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1925

Property ClassRESIDENTIAL

OwnerMATTHEW F NIBLER DUMMER

Assessed Value$500,200

Land Value$188,000

Building Value$312,200

Annual Tax$7,688

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2020 · $109K total declared value · Most recent: Mar 2025 (res)

ResMar 2025Closed

Ron the Sewer Rat Inc

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresJul 2023Closed

Sayler Heating & Air Conditioning Inc

ResJun 2023Closed

Gust Plumbing Inc

RemodelJun 2023Closed

$5K

POWERFULLY GREEN LLC

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Bryn - Mawr · Minneapolis

Median reported rent1,697/mo

Renter-occupied14.8%

Median home value$467K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1051

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

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth88 ft

Area~2,634 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 2,634 sqft buildable area.

Est. units

Yield on cost

3.3%

Spread

-2.2%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
45 SHERIDAN AVE S MINNEAPOLIS MN 55405	S RITENOUR & J RITENOUR	RESIDENTIAL	$425,500	40 ft
37 SHERIDAN AVE S MINNEAPOLIS MN 55405	STEPHANIE JERINE RYAN	RESIDENTIAL	$458,000	40 ft
49 SHERIDAN AVE S MINNEAPOLIS MN 55405	J E KIEHNE & L R FRITSCHEL	RESIDENTIAL	$418,800	80 ft
33 SHERIDAN AVE S MINNEAPOLIS MN 55405	JAN STEFANSKI	RESIDENTIAL	$282,600	80 ft
29 SHERIDAN AVE S MINNEAPOLIS MN 55405	E A OLSON & D S OLSON	RESIDENTIAL	$268,400	120 ft
53 SHERIDAN AVE S MINNEAPOLIS MN 55405	LORENZO FABBRI/JENNIFER ROW	RESIDENTIAL	$472,000	120 ft
36 RUSSELL AVE S MINNEAPOLIS MN 55405	MEGAN & GRAHAM PETERSBURG	RESIDENTIAL	$432,000	143 ft
44 RUSSELL AVE S MINNEAPOLIS MN 55405	REBECCA HENDLIN	RESIDENTIAL	$360,000	147 ft
25 SHERIDAN AVE S MINNEAPOLIS MN 55405	CYNTHIA LOTZE/CHAD KINGSTROM	RESIDENTIAL	$466,300	160 ft
57 SHERIDAN AVE S MINNEAPOLIS MN 55405	COMMUNITY HOUSING RESOURCES	RESIDENTIAL	$0	160 ft

Property History

Most Recent Sale

Date202411

Price$515,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$7,688