2243 MINNEAPOLIS AVE MINNEAPOLIS MN 55406

PID: 3102923220091

Property Overview

Parcel ID3102923220091

Lot Size5,229 sq ft (0.120 ac)

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

Year Built1911

Property ClassRESIDENTIAL

OwnerGREGORY J TROMICZAK & WIFE

Assessed Value$394,300

Land Value$168,000

Building Value$226,300

Annual Tax$5,948

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

3 permits on record since 2021 · $20K total declared value · Most recent: Dec 2025 (res)

ResDec 2025Inspection

CenterPoint Energy Resource Corp

MiscAug 2024Closed

$20K

CAPITAL CONSTRUCTION LLC

ResJun 2021Closed

Jake the Plumber LLC

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

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width105 ft

Buildable depth4 ft

Area~2,450 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 2,450 sqft buildable area.

Est. units

Yield on cost

3.6%

Spread

-1.9%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2241 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	JOHN B SCHMID	RESIDENTIAL	$366,900	40 ft
2235 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	ROSEMARY A FOLEY	RESIDENTIAL	$378,000	80 ft
2301 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	MATTHEW FRIEDMEYER	RESIDENTIAL	$240,700	100 ft
2233 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	TERRY & DANIELLE CAPAN	RESIDENTIAL	$423,500	121 ft
2305 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	BARRY KRYSHKA	RESIDENTIAL	$319,000	140 ft
2244 SEABURY AVE MINNEAPOLIS MN 55406	P CORNEILLE & C REZNIKOFF	RESIDENTIAL	$827,100	145 ft
2227 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	LISA BOEHLKE TRUST	RESIDENTIAL	$409,400	161 ft
2236 SEABURY AVE MINNEAPOLIS MN 55406	NATHAN RUDD & KIMBERLY RUDD	RESIDENTIAL	$479,000	165 ft
2300 SEABURY AVE MINNEAPOLIS MN 55406	MORRIS A GORDON ETAL	RESIDENTIAL	$481,400	175 ft
2309 MINNEAPOLIS AVE MINNEAPOLIS MN 55406	DOROTHY H OVERBY	RESIDENTIAL	$374,800	180 ft

Property History

Current Tax Year

Year2026

Tax Due$5,948