215 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 2902924110131

Property Overview

Parcel ID2902924110131

Lot Size5,100 sq ft (0.117 ac)

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

Year Built1922

Property ClassRESIDENTIAL

OwnerS A MCLAUGHLIN & A L BENSON

Assessed Value$452,900

Land Value$189,000

Building Value$263,900

Annual Tax$6,899

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $6K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

ExistresAug 2020Closed

CENTERPOINT ENERGY

ExistresJan 2018Closed

UPTOWN PLUMBING HEATING AND COOLING

MiscMay 2017Closed

$6K

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~2,625 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 2,625 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
217 SHERIDAN AVE S MINNEAPOLIS MN 55405	ANDREW CHRISTOPHER SATTER TR	RESIDENTIAL	$353,100	40 ft
209 SHERIDAN AVE S MINNEAPOLIS MN 55405	WENDY KITZEROW NOVE	RESIDENTIAL	$503,300	40 ft
221 SHERIDAN AVE S MINNEAPOLIS MN 55405	MARTIN HERTZ & MORGAN KELLEY	RESIDENTIAL	$592,000	80 ft
205 SHERIDAN AVE S MINNEAPOLIS MN 55405	ANNE E HIMMELSTEIB	RESIDENTIAL	$389,300	80 ft
201 SHERIDAN AVE S MINNEAPOLIS MN 55405	MATTHEW D LUNDMARK	RESIDENTIAL	$443,000	119 ft
225 SHERIDAN AVE S MINNEAPOLIS MN 55405	STEVEN R LISH	RESIDENTIAL	$440,900	120 ft
212 RUSSELL AVE S MINNEAPOLIS MN 55405	B C HUBERT & M S THOMPSON	RESIDENTIAL	$544,700	141 ft
208 RUSSELL AVE S MINNEAPOLIS MN 55405	W & G THOMPSON	RESIDENTIAL	$346,700	147 ft
216 RUSSELL AVE S MINNEAPOLIS MN 55405	MARK H DHENNIN & C P DHENNIN	RESIDENTIAL	$474,300	147 ft
229 SHERIDAN AVE S MINNEAPOLIS MN 55405	KAREN J KESL REV TRUST	RESIDENTIAL	$388,300	160 ft

Property History

Most Recent Sale

Date200009

Price$241,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,899