215 THOMAS AVE S MINNEAPOLIS MN 55405

PID: 2902924110161

Property Overview

Parcel ID2902924110161

Lot Size5,101 sq ft (0.117 ac)

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

Year Built1926

Property ClassRESIDENTIAL

OwnerDAVID MATTHEW CESIEL

Assessed Value$502,300

Land Value$189,000

Building Value$313,300

Annual Tax$7,726

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

8 permits on record since 2017 · $70K total declared value · Most recent: Mar 2026 (remodel)

RemodelMar 2026Closed

$4K

EGRESS WINDOW GUY

ResNov 2024Closed

CenterPoint Energy Resource Corp

RemodelOct 2024Closed

$23K

SELA ROOFING AND REMODELING INC

ResSep 2024Closed

WOODLAND STOVES & FIREPLACES

MiscMar 2023Closed

$30K

Midwest Roofing Siding and Windows 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
217 THOMAS AVE S MINNEAPOLIS MN 55405	BETH A THOMPSON REVOC TRUST	RESIDENTIAL	$525,200	40 ft
209 THOMAS AVE S MINNEAPOLIS MN 55405	ANTHONY A LOEGERING	RESIDENTIAL	$470,600	40 ft
221 THOMAS AVE S MINNEAPOLIS MN 55405	Z A KRAMER & C H KRAMER	RESIDENTIAL	$507,800	80 ft
205 THOMAS AVE S MINNEAPOLIS MN 55405	J R SAWYER & C M BERGQUIST	RESIDENTIAL	$406,200	80 ft
201 THOMAS AVE S MINNEAPOLIS MN 55405	SUSAN L CUROE REV TRUST	RESIDENTIAL	$515,100	119 ft
225 THOMAS AVE S MINNEAPOLIS MN 55405	D J SMITH & K M SMITH	RESIDENTIAL	$431,100	120 ft
212 SHERIDAN AVE S MINNEAPOLIS MN 55405	P W CONNORS & K F CONNORS	RESIDENTIAL	$401,200	141 ft
208 SHERIDAN AVE S MINNEAPOLIS MN 55405	ALLAN L HILLESHEIM	RESIDENTIAL	$432,200	147 ft
216 SHERIDAN AVE S MINNEAPOLIS MN 55405	JENNY WARNER	RESIDENTIAL	$351,400	147 ft
229 THOMAS AVE S MINNEAPOLIS MN 55405	T C MATSON & C B BRISKIN	RESIDENTIAL	$506,100	160 ft

Property History

Most Recent Sale

Date202004

Price$454,525

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,726