2340 SEABURY AVE MINNEAPOLIS MN 55406

PID: 3102923210006

Property Overview

Parcel ID3102923210006

Lot Size5,216 sq ft (0.120 ac)

Lot Dimensions (est.)118 ft wide × 44 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerSTEVEN ARNOLD WALLER TRUST

Assessed Value$664,100

Land Value$201,000

Building Value$463,100

Annual Tax$10,856

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

7 permits on record since 2018 · $41K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

MiscJul 2025Closed

$5K

FINAL SOLUTIONS WATERPROOFING LLC

MiscFeb 2024Closed

$36K

GARLOCK FRENCH ROOFING

ResDec 2021Closed

Warners Stellian Co Inc

ExistresOct 2018Closed

TOTAL COMFORT

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

Neighborhood Profile

Seward · Minneapolis

Median reported rent872/mo

Renter-occupied55.6%

Median home value$330K

Vacancy rate2.2%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1064

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

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 width30 ft

Buildable depth90 ft

Area~2,711 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 2,711 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
2344 SEABURY AVE MINNEAPOLIS MN 55406	SUZANNE LEE BROSS REVOC TR	RESIDENTIAL	$710,100	40 ft
2336 SEABURY AVE MINNEAPOLIS MN 55406	STEPHEN R FALTESEK TRUST	RESIDENTIAL	$415,200	40 ft
2332 SEABURY AVE MINNEAPOLIS MN 55406	DAVID J WEISS	RESIDENTIAL	$326,500	80 ft
2348 SEABURY AVE MINNEAPOLIS MN 55406	KAITLIN A MEDAL/J P BURIANEK	RESIDENTIAL	$498,300	85 ft
3406 24TH ST E MINNEAPOLIS MN 55406	TODD WEINHOLD	RESIDENTIAL	$396,000	119 ft
2328 SEABURY AVE MINNEAPOLIS MN 55406	D J WEISS & F R WEISS TRSTES	RESIDENTIAL	$493,800	125 ft
3402 24TH ST E MINNEAPOLIS MN 55406	B J DENISON & R M DENISON	RESIDENTIAL	$316,500	132 ft
2354 SEABURY AVE MINNEAPOLIS MN 55406	SARAH L REINKE	RESIDENTIAL	$423,100	134 ft
2337 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	A SAMPLES & L SAMPLES	RESIDENTIAL-TWO UNIT	$381,500	149 ft
2333 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	JOEL W GRAY	RESIDENTIAL	$377,000	165 ft

Property History

Most Recent Sale

Date202506

Price$665,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$10,856