1124 VINCENT AVE S MINNEAPOLIS MN 55405

PID: 2902924420099

Property Overview

Parcel ID2902924420099

Lot Size7,251 sq ft (0.166 ac)

Lot Dimensions (est.)111 ft wide × 65 ft deep

Year Built1974

Property ClassRESIDENTIAL

OwnerYOSHAN PEIRIS & ANNE PEIRIS

Assessed Value$420,000

Land Value$244,000

Building Value$176,000

Annual Tax$6,355

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

4 permits on record since 2022 · $23K total declared value · Most recent: Oct 2024 (existres)

ExistresOct 2024Inspection

GV Heating and Air Inc

AdditionSep 2024Inspection

$3K

Hage Construction Co

MiscSep 2023Closed

$10K

TC Builders and Remodelers Inc

MiscMay 2022Closed

$10K

SUNRISE REMODELERS 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 width47 ft

Buildable depth87 ft

Area~3,675 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 3,675 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1130 VINCENT AVE S MINNEAPOLIS MN 55405	RONALD PARRIE WEISMAN	RESIDENTIAL	$422,900	73 ft
1120 VINCENT AVE S MINNEAPOLIS MN 55405	RICHARD N HEDLUND	RESIDENTIAL	$460,900	88 ft
1135 CEDAR VIEW CIR MINNEAPOLIS MN 55405	BRUCE JARVIS & ALISON JARVIS	RESIDENTIAL	$576,000	97 ft
1139 CEDAR VIEW CIR MINNEAPOLIS MN 55405	MARK WILLMERT	RESIDENTIAL	$739,400	115 ft
1116 VINCENT AVE S MINNEAPOLIS MN 55405	DRK ENDEAVORS LLC	RESIDENTIAL-TWO UNIT	$610,100	130 ft
1106 CEDAR VIEW DR MINNEAPOLIS MN 55405	GREGORY J KLOPP	RESIDENTIAL	$573,500	156 ft
1065 THOMAS AVE S MINNEAPOLIS MN 55405	T C MARSHALL & L E SHAHEEN	RESIDENTIAL	$841,800	166 ft
1100 CEDAR VIEW DR MINNEAPOLIS MN 55405	RICHARD A CUCCI	RESIDENTIAL	$547,200	169 ft
1112 VINCENT AVE S MINNEAPOLIS MN 55405	CONRAD SCHOENLEBER	RESIDENTIAL	$738,700	179 ft
1112 CEDAR VIEW DR MINNEAPOLIS MN 55405	B PHILLIPS/HSIANG-RONG YANG	RESIDENTIAL	$598,500	192 ft

Property History

Most Recent Sale

Date201703

Price$335,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$6,355