1 VINCENT AVE S MINNEAPOLIS MN 55405

PID: 2902924120079

Property Overview

Parcel ID2902924120079

Lot Size8,782 sq ft (0.202 ac)

Lot Dimensions (est.)134 ft wide × 65 ft deep

Year Built1947

Property ClassRESIDENTIAL

OwnerR J VERBOWENKO & J M BURBA

Assessed Value$557,300

Land Value$250,000

Building Value$307,300

Annual Tax$8,789

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

10 permits on record since 2014 · $126K total declared value · Most recent: May 2025 (misc)

MiscMay 2025Closed

$4K

Metro Chimney & Masonry Inc

ResJan 2025Closed

CenterPoint Energy Resource Corp

MiscOct 2023Expired

$10K

COTY CONSTRUCTION AND REMODELING

ResJun 2018Closed

Cities 1 Plumbing and Heating Inc

ExistresJun 2018Closed

STERN HEATING AND COOLING 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 width121 ft

Buildable depth25 ft

Area~4,942 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 4,942 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
9 VINCENT AVE S MINNEAPOLIS MN 55405	LISA K & JESSE C BEIER	RESIDENTIAL	$335,200	53 ft
15 VINCENT AVE S MINNEAPOLIS MN 55405	GARY HENDLIN & LINDA HENDLIN	RESIDENTIAL	$710,000	93 ft
2711 CHESTNUT AVE W MINNEAPOLIS MN 55405	JOAN KELLEY/MATTHEW JOHNSON	RESIDENTIAL	$405,800	96 ft
214 VINCENT AVE N MINNEAPOLIS MN 55405	STEPHEN COX	RESIDENTIAL	$369,800	113 ft
17 VINCENT AVE S MINNEAPOLIS MN 55405	DANIEL THOR MARTIN	RESIDENTIAL	$446,900	143 ft
4 VINCENT AVE S MINNEAPOLIS MN 55405	KELLY JEAN THIESSE	RESIDENTIAL	$457,700	161 ft
4 UPTON AVE S MINNEAPOLIS MN 55405	REBECCA A MADDAUS	RESIDENTIAL	$394,200	162 ft
16 UPTON AVE S MINNEAPOLIS MN 55405	T S KIESSELBACH & K M CIANO	RESIDENTIAL	$410,900	171 ft
224 VINCENT AVE N MINNEAPOLIS MN 55405	JESSE C BEIER & LISA M BEIER	RESIDENTIAL	$287,400	173 ft
10 UPTON AVE S MINNEAPOLIS MN 55405	PAMELA A MEEHAN	RESIDENTIAL	$286,600	173 ft

Property History

Most Recent Sale

Date202008

Price$525,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,789