7 THOMAS AVE S MINNEAPOLIS MN 55405

PID: 2902924110047

Property Overview

Parcel ID2902924110047

Lot Size10,225 sq ft (0.235 ac)

Lot Dimensions (est.)128 ft wide × 80 ft deep

Year Built1959

Property ClassRESIDENTIAL

OwnerS C CAMPBELL & M M CAMPBELL

Assessed Value$480,100

Land Value$250,000

Building Value$230,100

Annual Tax$7,353

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

5 permits on record since 2019 · $4K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Inspection

MN Plumbing & Home Services INC

ResNov 2024Closed

CenterPoint Energy Resource Corp

ResJun 2020Closed

Water Heaters Now Inc

ExistresJul 2019Closed

STANDARD WATER CONTROL SYSTEMS INC

MiscJul 2019Closed

$4K

STANDARD WATER CONTROL SYSTEMS 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 width70 ft

Buildable depth88 ft

Area~6,144 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 6,144 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1 THOMAS AVE S MINNEAPOLIS MN 55405	K GARAFFA & A GARAFFA	RESIDENTIAL	$784,000	59 ft
15 THOMAS AVE S MINNEAPOLIS MN 55405	JOHN U DAVID/CARRIE W DAVID	RESIDENTIAL	$417,700	65 ft
21 THOMAS AVE S MINNEAPOLIS MN 55405	MICHAEL A MANDILE TRUST AGR	VACANT LAND-RESIDENTIAL	$152,500	123 ft
12 SHERIDAN AVE S MINNEAPOLIS MN 55405	DAVID J STREITZ	RESIDENTIAL	$490,000	147 ft
2511 CHESTNUT AVE W MINNEAPOLIS MN 55405	ROY M MARTENS	RESIDENTIAL	$490,800	147 ft
16 SHERIDAN AVE S MINNEAPOLIS MN 55405	N P MADSON & E J MADSON	RESIDENTIAL	$674,000	173 ft
25 THOMAS AVE S MINNEAPOLIS MN 55405	MICHAEL A MANDILE TRUST AGR	RESIDENTIAL	$453,000	188 ft
2 THOMAS AVE S MINNEAPOLIS MN 55405	J R BOHNSACK & B A BOHNSACK	RESIDENTIAL	$626,900	188 ft
20 SHERIDAN AVE S MINNEAPOLIS MN 55405	ANDREW J QUIRK/ANNA K QUIRK	RESIDENTIAL	$365,800	199 ft
12 THOMAS AVE S MINNEAPOLIS MN 55405	AMBER SENN	RESIDENTIAL	$563,900	207 ft

Property History

Most Recent Sale

Date200507

Price$284,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,353