257 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 2902924110120

Property Overview

Parcel ID2902924110120

Lot Size5,100 sq ft (0.117 ac)

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

Year Built1930

Property ClassRESIDENTIAL-TWO UNIT

OwnerDOUGLAS JOHN DENHAM

Assessed Value$532,900

Land Value$189,000

Building Value$343,900

Annual Tax$8,327

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2024 · $17K total declared value · Most recent: Sep 2024 (misc)

MiscSep 2024Closed

$17K

NORTHFACE CONSTRUCTION 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

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 width115 ft

Buildable depth0 ft

Area~2,363 sqft

Lot dimensions are insufficient for the standard setbacks shown.

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 2,363 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
253 SHERIDAN AVE S MINNEAPOLIS MN 55405	MARY KATHLEEN DEPEW	RESIDENTIAL	$705,900	40 ft
249 SHERIDAN AVE S MINNEAPOLIS MN 55405	M J ENGEL & P C WYCOFF	RESIDENTIAL	$359,300	80 ft
245 SHERIDAN AVE S MINNEAPOLIS MN 55405	THOMAS C PAULICK	RESIDENTIAL	$306,900	120 ft
2421 LAUREL AVE W MINNEAPOLIS MN 55405	DUSTIN SIRNY/JENNIFER SIRNY	RESIDENTIAL	$472,800	120 ft
256 RUSSELL AVE S MINNEAPOLIS MN 55405	DIONISIO FAMILY LIVING TRUST	RESIDENTIAL-TWO UNIT	$443,800	141 ft
252 RUSSELL AVE S MINNEAPOLIS MN 55405	R L & K E MCMULLEN-SERRAULT	RESIDENTIAL	$386,900	147 ft
241 SHERIDAN AVE S MINNEAPOLIS MN 55405	LINDSEY A MCDOUGALL	RESIDENTIAL	$409,600	159 ft
248 RUSSELL AVE S MINNEAPOLIS MN 55405	M A RILEY & S BINGEA	RESIDENTIAL	$419,700	162 ft
2401 LAUREL AVE W MINNEAPOLIS MN 55405	J A ZESSE & W J HERRMANN	RESIDENTIAL	$611,700	183 ft
244 RUSSELL AVE S MINNEAPOLIS MN 55405	J M INVEEN/D A INVEEN RV TR	RESIDENTIAL	$400,600	185 ft

Property History

Most Recent Sale

Date199410

Price$1

Type—

Current Tax Year

Year2026

Tax Due$8,327