2404 MOUNT VIEW AVE MINNEAPOLIS MN 55405

PID: 2902924140119

Property Overview

Parcel ID2902924140119

Lot Size5,174 sq ft (0.119 ac)

Lot Dimensions (est.)107 ft wide × 48 ft deep

Year Built1956

Property ClassRESIDENTIAL

OwnerDANIEL SPENGLER

Assessed Value$426,200

Land Value$190,000

Building Value$236,200

Annual Tax$6,454

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2017 · $11K total declared value · Most recent: Apr 2024 (res)

ResApr 2024Expired

Warners Stellian Co Inc

MiscSep 2023Closed

$11K

HOFFMAN WEBER CONSTRUCTION INC

ExistresFeb 2019Closed

Airic's Heating & Air Conditioning Inc

ResJan 2017Closed

CENTERPOINT ENERGY

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 width40 ft

Buildable depth63 ft

Area~2,539 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 2,539 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2408 MOUNT VIEW AVE MINNEAPOLIS MN 55405	DIANE C NORDQUIST TR ET AL	RESIDENTIAL	$501,600	51 ft
2400 MOUNT VIEW AVE MINNEAPOLIS MN 55405	MICHAEL AMBROS	RESIDENTIAL-TWO UNIT	$473,400	68 ft
2412 MOUNT VIEW AVE MINNEAPOLIS MN 55405	CHAD BAUER	RESIDENTIAL	$457,200	101 ft
521 CEDAR LAKE RD S MINNEAPOLIS MN 55405	W J TOIVONEN/B T TOIVONEN	RESIDENTIAL	$381,200	131 ft
515 CEDAR LAKE RD S MINNEAPOLIS MN 55405	J P ROCK & M A FEDYSZYN	RESIDENTIAL	$484,200	134 ft
525 CEDAR LAKE RD S MINNEAPOLIS MN 55405	SALLYE DOUMA REVOC TRUST	RESIDENTIAL	$461,700	146 ft
2416 MOUNT VIEW AVE MINNEAPOLIS MN 55405	ATSUKO FUKUSHI & KENNETH HUM	RESIDENTIAL	$479,200	151 ft
511 CEDAR LAKE RD S MINNEAPOLIS MN 55405	N C & M A WILLIAMS	RESIDENTIAL	$377,900	166 ft
601 CEDAR LAKE RD S MINNEAPOLIS MN 55405	SHANE P FLEMING	RESIDENTIAL	$535,300	171 ft
600 RUSSELL AVE S MINNEAPOLIS MN 55405	KURT S MUELLER	RESIDENTIAL	$623,300	174 ft

Property History

Most Recent Sale

Date201708

Price$440,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,454