52 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 2902924110038

Property Overview

Parcel ID2902924110038

Lot Size5,113 sq ft (0.117 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerGEOFF WOLD & KARIN WIKSTEN

Assessed Value$441,300

Land Value$188,000

Building Value$253,300

Annual Tax$6,706

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

6 permits on record since 2019 · $59K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscSep 2024Closed

$14K

MONARCH BUILDERS & COMMERCIAL SERVICES

RemodelOct 2022Closed

$37K

RENOVATE REMODELING

RemodelNov 2021Closed

$9K

Minnesota Rusco Inc

ResSep 2021Closed

Minnesota Rusco Inc

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
48 SHERIDAN AVE S MINNEAPOLIS MN 55405	JOSEPH COFFEY & LINDSEY KEMP	RESIDENTIAL	$486,200	40 ft
56 SHERIDAN AVE S MINNEAPOLIS MN 55405	I AMUNDSON & S L SHATILA	RESIDENTIAL	$402,000	40 ft
44 SHERIDAN AVE S MINNEAPOLIS MN 55405	ROGER J SCHAFFHAUSEN ET AL	RESIDENTIAL	$501,600	80 ft
40 SHERIDAN AVE S MINNEAPOLIS MN 55405	ERIK J RIGELHOF	RESIDENTIAL	$414,500	120 ft
200 SHERIDAN AVE S MINNEAPOLIS MN 55405	BRIAN P TIGHT & A M LABONNE	RESIDENTIAL	$378,300	139 ft
57 THOMAS AVE S MINNEAPOLIS MN 55405	E S & B V ERICKSON	RESIDENTIAL	$689,800	143 ft
49 THOMAS AVE S MINNEAPOLIS MN 55405	ERIK MORRISON	RESIDENTIAL	$338,200	147 ft
36 SHERIDAN AVE S MINNEAPOLIS MN 55405	D KAPLAN & T L NELSON	RESIDENTIAL	$438,000	160 ft
45 THOMAS AVE S MINNEAPOLIS MN 55405	HANNAH TUTTLE/ALBERT LESTER	RESIDENTIAL	$450,600	168 ft
204 SHERIDAN AVE S MINNEAPOLIS MN 55405	JENNIFER A SULLIVAN	RESIDENTIAL	$367,800	178 ft

Property History

Most Recent Sale

Date201507

Price$334,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,706