2640 FRANKLIN AVE W MINNEAPOLIS MN 55405

PID: 2902924430002

Property Overview

Parcel ID2902924430002

Lot Size429,440 sq ft (9.859 ac)

Lot Dimensions (est.)2477 ft wide × 173 ft deep

Year Built0

Property ClassVACANT LAND-RESIDENTIAL

OwnerCITY OF MPLS PARK BOARD

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainUnknown

WetlandsUnknown

Historic DistrictUnknown

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Kenwood · Minneapolis

Median reported rent1,749/mo

Renter-occupied47.2%

Median home value$827K

Vacancy rate7.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1065

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width2,467 ft

Buildable depth133 ft

Area~289,739 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
1800 UPTON AVE S MINNEAPOLIS MN 55405	MPLS PARK & REC BOARD	LAND-COMMERCIAL	$0	868 ft

Property History

Current Tax Year

Year2026

Tax Due$0