2919 CHESTNUT AVE W MINNEAPOLIS MN 55405

PID: 2902924120117

Property Overview

Parcel ID2902924120117

Lot Size7,411 sq ft (0.170 ac)

Lot Dimensions (est.)135 ft wide × 55 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerFRANCIS SHEN & SOPHIA BEAL

Assessed Value$676,600

Land Value$280,000

Building Value$396,600

Annual Tax$11,045

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2006 · $209K total declared value · Most recent: Feb 2026 (res)

ResFeb 2026Closed

Warners Stellian Co Inc

ResDec 2024Closed

CenterPoint Energy Resource Corp

MiscNov 2023Closed

$14K

SELA ROOFING AND REMODELING INC

Building Re-inspectionJan 2006

$195K

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 width122 ft

Buildable depth15 ft

Area~1,834 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 1,834 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
13 XERXES AVE S MINNEAPOLIS MN 55405	BRIAN NYBERG	RESIDENTIAL	$768,700	53 ft
15 XERXES AVE S MINNEAPOLIS MN 55405	KRISTI KAY SPITZMUELLER ETAL	RESIDENTIAL	$1,014,300	103 ft
216 XERXES AVE N MINNEAPOLIS MN 55405	LINDA J RIBBACH	RESIDENTIAL	$368,200	119 ft
4 WASHBURN AVE S MINNEAPOLIS MN 55405	BRUCE A SMITH	RESIDENTIAL	$414,600	134 ft
8 WASHBURN AVE S MINNEAPOLIS MN 55405	D P DECKER & J M PIERCE	RESIDENTIAL	$435,900	144 ft
17 XERXES AVE S MINNEAPOLIS MN 55405	DAVID D DAYTON & MARY BOLLA	RESIDENTIAL	$938,000	152 ft
220 XERXES AVE N MINNEAPOLIS MN 55405	M E RECKIN & J J BOMMENTRE	RESIDENTIAL	$675,400	171 ft
14 WASHBURN AVE S MINNEAPOLIS MN 55405	AUSTIN BROWN	RESIDENTIAL-TWO UNIT	$532,700	172 ft
213 WASHBURN AVE N MINNEAPOLIS MN 55405	ABRAMSON SNOW FAMILY TRUST	RESIDENTIAL	$462,300	179 ft
19 XERXES AVE S MINNEAPOLIS MN 55405	FIREFLY WOODS LLC	VACANT LAND-RESIDENTIAL	$13,500	188 ft

Property History

Most Recent Sale

Date201908

Price$619,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,045