237 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 2902924110125

Property Overview

Parcel ID2902924110125

Lot Size5,100 sq ft (0.117 ac)

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

Year Built1914

Property ClassRESIDENTIAL

OwnerCHRISTINE K BELFREY JOHNSON

Assessed Value$295,200

Land Value$189,000

Building Value$106,200

Annual Tax$4,270

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2018 · $14K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscJul 2024Closed

$2K

Snappy Construction Inc

MiscSep 2022Closed

$12K

Infinity Roofing and Siding Inc

MiscJul 2018Closed

$896

CREW2 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~2,626 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 2,626 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
241 SHERIDAN AVE S MINNEAPOLIS MN 55405	LINDSEY A MCDOUGALL	RESIDENTIAL	$409,600	40 ft
233 SHERIDAN AVE S MINNEAPOLIS MN 55405	JULIE M DIEDRICH	RESIDENTIAL	$394,200	40 ft
245 SHERIDAN AVE S MINNEAPOLIS MN 55405	THOMAS C PAULICK	RESIDENTIAL	$306,900	80 ft
229 SHERIDAN AVE S MINNEAPOLIS MN 55405	KAREN J KESL REV TRUST	RESIDENTIAL	$388,300	80 ft
249 SHERIDAN AVE S MINNEAPOLIS MN 55405	M J ENGEL & P C WYCOFF	RESIDENTIAL	$359,300	120 ft
225 SHERIDAN AVE S MINNEAPOLIS MN 55405	STEVEN R LISH	RESIDENTIAL	$440,900	120 ft
232 RUSSELL AVE S MINNEAPOLIS MN 55405	STEVEN GREGORY JENSEN & WIFE	RESIDENTIAL-TWO UNIT	$535,100	145 ft
240 RUSSELL AVE S MINNEAPOLIS MN 55405	TIM SPETH & INGE ALDERSEBAES	RESIDENTIAL	$525,100	145 ft
253 SHERIDAN AVE S MINNEAPOLIS MN 55405	MARY KATHLEEN DEPEW	RESIDENTIAL	$705,900	159 ft
221 SHERIDAN AVE S MINNEAPOLIS MN 55405	MARTIN HERTZ & MORGAN KELLEY	RESIDENTIAL	$592,000	160 ft

Property History

Most Recent Sale

Date202108

Price$250,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,270