2406 SEABURY AVE MINNEAPOLIS MN 55406

PID: 3102923240127

Property Overview

Parcel ID3102923240127

Lot Size11,248 sq ft (0.258 ac)

Lot Dimensions (est.)110 ft wide × 103 ft deep

Year Built1915

Property ClassRESIDENTIAL

OwnerV LORANG & R LORANG

Assessed Value$633,000

Land Value$328,000

Building Value$305,000

Annual Tax$10,267

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Permit History

1 permit on record since 2025 · $15K total declared value · Most recent: Apr 2025 (misc)

MiscApr 2025Closed

$15K

PATES INC

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

Neighborhood Profile

Minneapolis

Median reported rent1,337/mo

Renter-occupied28.1%

Median home value$329K

Vacancy rate4.3%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 1075

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

Estimated · verify frontage

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 width97 ft

Buildable depth63 ft

Area~6,487 sqft

Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.

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 6,487 sqft buildable area.

Est. units

Yield on cost

3.9%

Spread

-1.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2412 SEABURY AVE MINNEAPOLIS MN 55406	DENIS M & LYNETTE C O'PRAY	RESIDENTIAL	$595,500	80 ft
2418 SEABURY AVE MINNEAPOLIS MN 55406	B C BREVA & D K BREVA	RESIDENTIAL	$607,600	129 ft
2419 35TH AVE S MINNEAPOLIS MN 55406	EMILY SCRIBNER-O'PRAY ET AL	RESIDENTIAL	$443,200	158 ft
2420 SEABURY AVE MINNEAPOLIS MN 55406	R KUNATH & J ANKNEY	RESIDENTIAL-TWO UNIT	$865,800	179 ft
2404 35TH AVE S MINNEAPOLIS MN 55406	SYDNEY POTTER	RESIDENTIAL	$347,200	183 ft
2400 35TH AVE S MINNEAPOLIS MN 55406	GALEN ROBINSON	RESIDENTIAL	$619,300	187 ft
2408 35TH AVE S MINNEAPOLIS MN 55406	R A BURCK & Y E PEARSON	RESIDENTIAL	$443,800	190 ft
2410 35TH AVE S MINNEAPOLIS MN 55406	S G JOHNSON& W D JACOBSON	RESIDENTIAL	$425,100	205 ft
2425 35TH AVE S MINNEAPOLIS MN 55406	D M O'PRAY/L O'PRAY/M O'PRAY	RESIDENTIAL	$385,500	214 ft
2414 35TH AVE S MINNEAPOLIS MN 55406	MARCIE HILL JACOBSON	RESIDENTIAL	$472,400	226 ft

Property History

Most Recent Sale

Date202404

Price$665,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$10,267