201 THOMAS AVE S MINNEAPOLIS MN 55405

PID: 2902924110164

Property Overview

Parcel ID2902924110164

Lot Size4,875 sq ft (0.112 ac)

Lot Dimensions (est.)128 ft wide × 38 ft deep

Year Built1939

Property ClassRESIDENTIAL

OwnerSUSAN L CUROE REV TRUST

Assessed Value$515,100

Land Value$184,000

Building Value$331,100

Annual Tax$7,987

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $11K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscNov 2023Closed

$11K

LEGACY RESTORATION LLC

ExistresJul 2019Closed

UPTOWN PLUMBING HEATING AND COOLING

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~2,208 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 2,208 sqft buildable area.

Est. units

Yield on cost

3.1%

Spread

-2.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
205 THOMAS AVE S MINNEAPOLIS MN 55405	J R SAWYER & C M BERGQUIST	RESIDENTIAL	$406,200	39 ft
209 THOMAS AVE S MINNEAPOLIS MN 55405	ANTHONY A LOEGERING	RESIDENTIAL	$470,600	79 ft
57 THOMAS AVE S MINNEAPOLIS MN 55405	E S & B V ERICKSON	RESIDENTIAL	$689,800	119 ft
215 THOMAS AVE S MINNEAPOLIS MN 55405	DAVID MATTHEW CESIEL	RESIDENTIAL	$502,300	119 ft
200 SHERIDAN AVE S MINNEAPOLIS MN 55405	BRIAN P TIGHT & A M LABONNE	RESIDENTIAL	$378,300	142 ft
204 SHERIDAN AVE S MINNEAPOLIS MN 55405	JENNIFER A SULLIVAN	RESIDENTIAL	$367,800	147 ft
217 THOMAS AVE S MINNEAPOLIS MN 55405	BETH A THOMPSON REVOC TRUST	RESIDENTIAL	$525,200	159 ft
208 SHERIDAN AVE S MINNEAPOLIS MN 55405	ALLAN L HILLESHEIM	RESIDENTIAL	$432,200	162 ft
56 SHERIDAN AVE S MINNEAPOLIS MN 55405	I AMUNDSON & S L SHATILA	RESIDENTIAL	$402,000	173 ft
49 THOMAS AVE S MINNEAPOLIS MN 55405	ERIK MORRISON	RESIDENTIAL	$338,200	179 ft

Property History

Most Recent Sale

Date201809

Price$411,600

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,987