1968 SHERIDAN AVE S MINNEAPOLIS MN 55405

PID: 2902924440029

Property Overview

Parcel ID2902924440029

Lot Size7,500 sq ft (0.172 ac)

Lot Dimensions (est.)128 ft wide × 59 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerC A CUMMINGS/R STOFFEL

Assessed Value$533,700

Land Value$357,000

Building Value$176,700

Annual Tax$8,342

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2020 · $23K total declared value · Most recent: Oct 2025 (misc)

MiscOct 2025Closed

$3K

Excel Construction Group LLC

MiscSep 2023Closed

$20K

KAUFMAN SHEET METAL ROOFING INC

ExistresMay 2020Closed

Ray N Welter Heating Co

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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

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 depth110 ft

Area~4,400 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 4,400 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
1964 SHERIDAN AVE S MINNEAPOLIS MN 55405	R MENDOZA & V M MENDOZA	RESIDENTIAL-TWO UNIT	$680,400	50 ft
1972 SHERIDAN AVE S MINNEAPOLIS MN 55405	ADAM HANSEN	RESIDENTIAL	$523,600	50 ft
1960 SHERIDAN AVE S MINNEAPOLIS MN 55405	C I DELMONICO/R R DELMONICO	RESIDENTIAL	$1,065,400	100 ft
1976 SHERIDAN AVE S MINNEAPOLIS MN 55405	P W VAUGHAN & C K ANSON	RESIDENTIAL	$983,000	100 ft
1956 SHERIDAN AVE S MINNEAPOLIS MN 55405	NATALIA V SETTERBERG TRUST	RESIDENTIAL	$890,900	150 ft
1980 SHERIDAN AVE S MINNEAPOLIS MN 55405	CHERYL BATES & STEVEN KUPETZ	RESIDENTIAL	$682,900	150 ft
1963 SHERIDAN AVE S MINNEAPOLIS MN 55405	MAXWELL TUSA & JEANA TUSA	RESIDENTIAL	$590,200	191 ft
1967 SHERIDAN AVE S MINNEAPOLIS MN 55405	DREAM HOMES INC	RESIDENTIAL	$1,261,000	194 ft
1961 SHERIDAN AVE S MINNEAPOLIS MN 55405	M M DURKIN & R P DURKIN	RESIDENTIAL	$720,400	195 ft
1952 SHERIDAN AVE S MINNEAPOLIS MN 55405	BRUCE J TAIT & ERIN TAIT	RESIDENTIAL	$895,600	200 ft

Property History

Most Recent Sale

Date202211

Price$518,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$8,342