1049 THOMAS AVE S MINNEAPOLIS MN 55405

PID: 2902924420005

Property Overview

Parcel ID2902924420005

Lot Size7,701 sq ft (0.177 ac)

Lot Dimensions (est.)112 ft wide × 69 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerSARA DALY & JOHN STRHARSKY

Assessed Value$666,000

Land Value$250,000

Building Value$416,000

Annual Tax$10,851

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $51K total declared value · Most recent: Oct 2023 (misc)

MiscOct 2023Closed

$20K

BLUE OX EXTERIORS LLC

MiscOct 2020Closed

$9K

LAKEWOODS REMODELING INC

MiscFeb 2020Cancelled

$15K

RENEWAL BY ANDERSEN CORP

MiscMay 2018Closed

$6K

SCHERER BROTHERS LUMBER CO

ResApr 2018Closed

Vito Mechanical 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 width102 ft

Buildable depth29 ft

Area~4,560 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 4,560 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
1045 THOMAS AVE S MINNEAPOLIS MN 55405	JUSTIN WING & JESSICA WING	RESIDENTIAL	$847,600	48 ft
1053 THOMAS AVE S MINNEAPOLIS MN 55405	J D GRABOWSKI/M D GRABOWSKI	RESIDENTIAL	$536,900	48 ft
1057 THOMAS AVE S MINNEAPOLIS MN 55405	TERI HARRIET BENNETT	RESIDENTIAL	$466,900	96 ft
1041 THOMAS AVE S MINNEAPOLIS MN 55405	ELIZABETH M TRUDEAU	RESIDENTIAL	$530,200	97 ft
1061 THOMAS AVE S MINNEAPOLIS MN 55405	JANICE KEMP WILKINSON REV TR	RESIDENTIAL	$540,000	145 ft
1037 THOMAS AVE S MINNEAPOLIS MN 55405	J W BLASER & L L BLASER	RESIDENTIAL	$600,800	146 ft
1082 CEDAR VIEW DR MINNEAPOLIS MN 55405	T J CAVEN & W C MACKENZIE	TOWNHOUSE	$585,300	148 ft
1080 CEDAR VIEW DR MINNEAPOLIS MN 55405	MARK C FLANNERY	TOWNHOUSE	$590,600	166 ft
1078 CEDAR VIEW DR MINNEAPOLIS MN 55405	JOHN CORLETT & MARY CORLETT	TOWNHOUSE	$434,400	172 ft
1076 CEDAR VIEW DR MINNEAPOLIS MN 55405	MARGARET CORY	TOWNHOUSE	$464,400	189 ft

Property History

Most Recent Sale

Date202511

Price$625,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,851