1108 VINCENT AVE S MINNEAPOLIS MN 55405

PID: 2902924420038

Property Overview

Parcel ID2902924420038

Lot Size5,839 sq ft (0.134 ac)

Lot Dimensions (est.)116 ft wide × 50 ft deep

Year Built1984

Property ClassRESIDENTIAL

OwnerR MAHESHWARI/JOHN O OYAKHIRE

Assessed Value$692,000

Land Value$222,000

Building Value$470,000

Annual Tax$11,343

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

12 permits on record since 2017 · $71K total declared value · Most recent: Jul 2024 (misc)

MiscJul 2024Closed

$15K

RENEWAL BY ANDERSEN CORP

MiscMar 2024Closed

$16K

LES JONES ROOFING INC

ResJan 2021Closed

Farr Plumbing and Heating LLC

MiscNov 2019Closed

$10K

RENEWAL BY ANDERSEN CORP

MiscOct 2018Closed

$14K

LES JONES ROOFING 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 width40 ft

Buildable depth77 ft

Area~2,934 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 2,934 sqft buildable area.

Est. units

Yield on cost

3.5%

Spread

-2.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1112 VINCENT AVE S MINNEAPOLIS MN 55405	CONRAD SCHOENLEBER	RESIDENTIAL	$738,700	56 ft
1104 VINCENT AVE S MINNEAPOLIS MN 55405	CELESTINA I VENTURI ET AL	RESIDENTIAL	$703,600	58 ft
1105 WASHBURN AVE S MINNEAPOLIS MN 55405	ANDREW PAUL HENDRICKS	RESIDENTIAL	$484,000	102 ft
1116 VINCENT AVE S MINNEAPOLIS MN 55405	DRK ENDEAVORS LLC	RESIDENTIAL-TWO UNIT	$610,100	111 ft
1115 WASHBURN AVE S MINNEAPOLIS MN 55405	M A APPLEMAN & M K APPLEMAN	RESIDENTIAL	$576,900	115 ft
1035 CEDAR LAKE RD S MINNEAPOLIS MN 55405	KIM N FAITH	RESIDENTIAL	$762,100	136 ft
1117 WASHBURN AVE S MINNEAPOLIS MN 55405	CRAIG ANDERSON & TARA KAUR	RESIDENTIAL	$774,700	146 ft
1120 VINCENT AVE S MINNEAPOLIS MN 55405	RICHARD N HEDLUND	RESIDENTIAL	$460,900	165 ft
1121 WASHBURN AVE S MINNEAPOLIS MN 55405	MILLY MOHR & ANGELA FRUCCI	RESIDENTIAL	$501,200	186 ft
1025 CEDAR LAKE RD S MINNEAPOLIS MN 55405	GREGORY ALAN ABEL	RESIDENTIAL	$639,800	193 ft

Property History

Most Recent Sale

Date201701

Price$468,750

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$11,343