604 THOMAS AVE S MINNEAPOLIS MN 55405

PID: 2902924130051

Property Overview

Parcel ID2902924130051

Lot Size5,085 sq ft (0.117 ac)

Lot Dimensions (est.)127 ft wide × 40 ft deep

Year Built1911

Property ClassRESIDENTIAL

OwnerLINDSEY M LYRENMANN ET AL

Assessed Value$589,200

Land Value$189,000

Building Value$400,200

Annual Tax$9,392

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

13 permits on record since 2017 · $93K total declared value · Most recent: Sep 2025 (res)

ResSep 2025Closed

4Front Energy Solutions Inc

ResSep 2025Closed

4Front Energy Solutions Inc

ResNov 2024Closed

CenterPoint Energy Resource Corp

MiscFeb 2024Closed

$20K

eRoof LLC

MiscMar 2023Closed

$4K

THE WINDOW STORE 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 depth87 ft

Area~2,613 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 2,613 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
602 THOMAS AVE S MINNEAPOLIS MN 55405	JEFFREY G DEAN ET AL	RESIDENTIAL	$408,800	40 ft
608 THOMAS AVE S MINNEAPOLIS MN 55405	ROLAND W LINDSTROM ETAL	RESIDENTIAL	$449,200	40 ft
612 THOMAS AVE S MINNEAPOLIS MN 55405	W A MINER & R MILLER	RESIDENTIAL	$470,600	103 ft
704 CEDAR LAKE RD S MINNEAPOLIS MN 55405	HAVEN E STEPHENS REV TRUST	RESIDENTIAL	$486,000	135 ft
456 THOMAS AVE S MINNEAPOLIS MN 55405	BRANT KINGMAN	RESIDENTIAL-TWO UNIT	$439,200	140 ft
605 UPTON AVE S MINNEAPOLIS MN 55405	CAROL ANDERSON & ERICA MOORE	RESIDENTIAL	$394,000	141 ft
609 UPTON AVE S MINNEAPOLIS MN 55405	KAROL L SMITH	RESIDENTIAL	$436,000	147 ft
601 UPTON AVE S MINNEAPOLIS MN 55405	ERIN MAUREEN DUFFY TRUST	RESIDENTIAL	$541,200	147 ft
628 CEDAR LAKE RD S MINNEAPOLIS MN 55405	J M JOHNSON & M LOOK	RESIDENTIAL	$685,000	151 ft
615 UPTON AVE S MINNEAPOLIS MN 55405	MARY BETH HENDERSON	RESIDENTIAL	$418,200	162 ft

Property History

Most Recent Sale

Date201712

Price$370,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$9,392