256 THOMAS AVE S MINNEAPOLIS MN 55405

PID: 2902924120004

Property Overview

Parcel ID2902924120004

Lot Size6,024 sq ft (0.138 ac)

Lot Dimensions (est.)128 ft wide × 47 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerKEON L BLASINGAME

Assessed Value$359,200

Land Value$204,000

Building Value$155,200

Annual Tax$7,135

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2019 · $22K total declared value · Most recent: Nov 2024 (res)

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscApr 2024Closed

$22K

LIBERTE CONSTRUCTION LLC

ResNov 2019Closed

Urban Pine Plumbing and Mechanical 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

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 depth7 ft

Area~2,997 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 2,997 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
252 THOMAS AVE S MINNEAPOLIS MN 55405	ELIZABETH A FRANKMAN REV TR	RESIDENTIAL	$672,700	49 ft
248 THOMAS AVE S MINNEAPOLIS MN 55405	HUDSON PETERS	RESIDENTIAL	$495,800	95 ft
400 THOMAS AVE S MINNEAPOLIS MN 55405	J SINGLETON & S DIETRICH	RESIDENTIAL	$447,300	107 ft
244 THOMAS AVE S MINNEAPOLIS MN 55405	AIDAN FAWCETT	RESIDENTIAL	$433,400	135 ft
257 UPTON AVE S MINNEAPOLIS MN 55405	T HEGGE & R P MAUS	RESIDENTIAL	$458,500	142 ft
253 UPTON AVE S MINNEAPOLIS MN 55405	ABBIE S KANE TRUSTEE	RESIDENTIAL	$549,700	148 ft
404 THOMAS AVE S MINNEAPOLIS MN 55405	VIDA Y DITTER	RESIDENTIAL	$710,300	153 ft
249 UPTON AVE S MINNEAPOLIS MN 55405	K E ANDERSON & R W REILLY	RESIDENTIAL	$420,900	167 ft
236 THOMAS AVE S MINNEAPOLIS MN 55405	COLLEEN PULAWSKI ET AL	RESIDENTIAL	$408,100	177 ft
401 UPTON AVE S MINNEAPOLIS MN 55405	H KIM & A CAMPBELL FAMILY TR	RESIDENTIAL	$718,600	185 ft

Property History

Most Recent Sale

Date202302

Price$291,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,135