439 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 2902924140175

Property Overview

Parcel ID2902924140175

Lot Size12,883 sq ft (0.296 ac)

Lot Dimensions (est.)136 ft wide × 95 ft deep

Year Built1978

Property ClassRESIDENTIAL

OwnerGRIFFIN HVIDSTEN LIVING TR

Assessed Value$714,400

Land Value$274,000

Building Value$440,400

Annual Tax$11,759

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

2 permits on record since 2018 · $19K total declared value · Most recent: Sep 2023 (misc)

MiscSep 2023Closed

$19K

KAUFMAN SHEET METAL ROOFING INC

ExistresJun 2018Closed

CenterPoint Energy Resource Corp

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 width123 ft

Buildable depth55 ft

Area~7,575 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 7,575 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
431 SHERIDAN AVE S MINNEAPOLIS MN 55405	D S BRODEK & F M SOMMERS	RESIDENTIAL	$468,300	92 ft
423 SHERIDAN AVE S MINNEAPOLIS MN 55405	JOHN S PETERSON	RESIDENTIAL	$408,400	161 ft
511 CEDAR LAKE RD S MINNEAPOLIS MN 55405	N C & M A WILLIAMS	RESIDENTIAL	$377,900	172 ft
515 CEDAR LAKE RD S MINNEAPOLIS MN 55405	J P ROCK & M A FEDYSZYN	RESIDENTIAL	$484,200	173 ft
440 SHERIDAN AVE S MINNEAPOLIS MN 55405	SCOTT BUTTERS	RESIDENTIAL	$410,100	176 ft
436 SHERIDAN AVE S MINNEAPOLIS MN 55405	L MCFARLANE & W WATSON	RESIDENTIAL	$456,900	177 ft
505 CEDAR LAKE RD S MINNEAPOLIS MN 55405	D A JOLSTAD & J B JOLSTAD	RESIDENTIAL	$589,400	183 ft
444 SHERIDAN AVE S MINNEAPOLIS MN 55405	REEDE O WEBSTER	RESIDENTIAL	$494,700	185 ft
432 SHERIDAN AVE S MINNEAPOLIS MN 55405	GEORGE CHARLES CROMER	RESIDENTIAL	$386,300	187 ft
500 CEDAR LAKE RD S MINNEAPOLIS MN 55405	A M DOWLING & M R DOWLING	RESIDENTIAL	$499,900	190 ft

Property History

Most Recent Sale

Date198706

Price$123,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$11,759